2022
Exports | Imports
$275M | $245kWorld Rnk 3 / 109
Flag Rnk 26 / 1168
World Rnk 60 / 137
Flag Rnk 1051 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 44 / 124
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025

About

Exports In 2022, New Zealand exported $275M in Wool, making it the 3rd largest exporter of Wool in the world. At the same year, Wool was the 26th most exported product in New Zealand. The main destination of Wool exports from New Zealand are: China ($98.2M), India ($40.2M), Italy ($28.9M), United Kingdom ($15.6M), and Nepal ($11M).

The fastest growing export markets for Wool of New Zealand between 2021 and 2022 were Bulgaria ($2.38M), France ($1.46M), and India ($1.21M).

Imports In 2022, New Zealand imported $245k in Wool, becoming the 60th largest importer of Wool in the world. At the same year, Wool was the 1051st most imported product in New Zealand. New Zealand imports Wool primarily from: Australia ($245k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wool from New Zealand to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wool. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$275M
IMPORTS (2022)$245k
NET TRADE (2022)$274M

In 2022, New Zealand exported $275M in Wool. The main destinations of New Zealand exports on Wool were China ($98.2M), India ($40.2M), Italy ($28.9M), United Kingdom ($15.6M), and Nepal ($11M).

In 2022, New Zealand imported $245k in Wool, mainly from Australia ($245k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
Bulgaria$2.38M (48.4%)
France$1.46M (77.6%)
India$1.21M (3.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY New Zealand WERE (2021 - 2022):
China-$13.5M (-12.1%)
Italy-$9.11M (-24%)
Australia-$6.67M (-53.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Wool were:
In 2022, New Zealand's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

Explore Visualizations

Trade Value of Wool by Exporters

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