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510510 (Harmonized System 1992 for 6-digit)

2022
World Trade $20.3MRnk 4481 / 4648
2022
Top Exporter | Top Importer $4.48M | $3.88MChina | Thailand
2022
Product Complexity -0.58Rnk 3321 / 4653
2021 - 2022
Export Growth (CAGR) -68%Rnk 4572 / 4648
2022
Share of World Trade <0.01%Rnk 4481 / 4648

About

Overview This page contains the latest trade data of Carded wool. In 2022, Carded wool were the world's 4481st most traded product, with a total trade of $20.3M. Between 2021 and 2022 the exports of Carded wool decreased by -68%, from $63.5M to $20.3M. Trade in Carded wool represent 0.000086% of total world trade.

Carded wool are a part of Prepared Wool or Animal Hair.

Exports In 2022 the top exporters of Carded wool  were China ($4.48M), New Zealand ($4.29M), Belgium ($1.33M), Egypt ($1.12M), and Italy ($930k).

Imports In 2022 the top importers of Carded wool were Thailand ($3.88M), South Korea ($2.17M), Italy ($1.65M), Germany ($1.17M), and United Kingdom ($1.07M).

Ranking Carded wool ranks 3321st in the Product Complexity Index (PCI).

Description Carded wool is the most common use of wool. It is used in many different products like blankets, sweaters, gloves, and socks.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$4.48M
Top Destination (2022)Thailand$3.88M

In 2022 Carded wool were the world's 4481st most traded product (out of 4,648).

In 2022, the top exporters of Carded wool were China ($4.48M), New Zealand ($4.29M), Belgium ($1.33M), Egypt ($1.12M), and Italy ($930k).

In 2022, the top importers of Carded wool were Thailand ($3.88M), South Korea ($2.17M), Italy ($1.65M), Germany ($1.17M), and United Kingdom ($1.07M).

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Exporters of Carded wool (2022)
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Importers of Carded wool (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Egypt$1.07M
Top Destination Growth (2021 -  2022)Hong Kong$801k

Between 2021 and 2022, the exports of Carded wool grew the fastest in Egypt ($1.07M), Japan ($824k), Turkey ($434k), Austria ($370k), and Argentina ($336k).

Between 2021 and 2022, the fastest growing importers of Carded wool were Hong Kong ($801k), Italy ($759k), Turkey ($692k), Bulgaria ($221k), and Egypt ($200k).

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Exporters of Carded wool (2021 - 2022)

Importers of Carded wool (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Carded wool.

In 2022, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Carded wool are explained by 16 countries.

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Value of Exports in Carded wool

Net Trade

TOP NET EXPORTER (2022)New Zealand$4.28M
TOP NET IMPORTER (2022)Thailand$3.88M

This map shows which countries export or import more of Carded wool. Each country is colored based on the difference in exports and imports of Carded wool during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Carded wool were New Zealand ($4.28M), China ($4.17M), Belgium ($1.28M), Iceland ($922k), and Austria ($644k).

In 2022, the countries that had a largest trade value in imports than in exports of Carded wool were Thailand ($3.88M), South Korea ($2.11M), Netherlands ($831k), Hong Kong ($824k), and United Kingdom ($774k).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Carded wool.
It is possible to select the main countries that export or import Carded wool in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Carded wool by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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