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510111 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.39BRnk 1276 / 4644
2023
Top Exporter | Top Importer $1.8B | $1.88BAustralia | China
2023
Product Complexity -1.47Rnk 4252 / 4656
2022 - 2023
Export Growth (CAGR) -6.07%Rnk 2226 / 4644
2023
Share of World Trade 0.011%Rnk 1276 / 4644

About

Overview This page contains the latest trade data of Greasy shorn wool, not carded or combed. In 2023, Greasy shorn wool, not carded or combed were the world's 1276th most traded product, with a total trade of $2.39B. Between 2022 and 2023 the exports of Greasy shorn wool, not carded or combed decreased by -6.07%, from $2.54B to $2.39B. Trade in Greasy shorn wool, not carded or combed represent 0.011% of total world trade.

Greasy shorn wool, not carded or combed are a part of Wool.

Exports In 2023 the top exporters of Greasy shorn wool, not carded or combed  were Australia ($1.8B), South Africa ($309M), New Zealand ($110M), Uruguay ($28.9M), and Lesotho ($24.5M).

Imports In 2023 the top importers of Greasy shorn wool, not carded or combed were China ($1.88B), Italy ($164M), India ($113M), Czechia ($91.9M), and Germany ($38.3M).

Ranking Greasy shorn wool, not carded or combed ranks 4252nd in the Product Complexity Index (PCI).

Description Greasy wool is typically used to make felt, which is then used to make hats, slippers, purses, and other items.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Greasy shorn wool, not carded or combed. 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 (2023)Australia$1.8B
Top Destination (2023)China$1.88B

In 2023 Greasy shorn wool, not carded or combed were the world's 1276th most traded product (out of 4,644).

In 2023, the top exporters of Greasy shorn wool, not carded or combed were Australia ($1.8B), South Africa ($309M), New Zealand ($110M), Uruguay ($28.9M), and Lesotho ($24.5M).

In 2023, the top importers of Greasy shorn wool, not carded or combed were China ($1.88B), Italy ($164M), India ($113M), Czechia ($91.9M), and Germany ($38.3M).

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Exporters of Greasy shorn wool, not carded or combed (2023)
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Importers of Greasy shorn wool, not carded or combed (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Africa$12.1M
Top Destination Growth (2022 -  2023)India$58.5M

Between 2022 and 2023, the exports of Greasy shorn wool, not carded or combed grew the fastest in South Africa ($12.1M), New Zealand ($8.06M), Lesotho ($7.7M), France ($3.12M), and Peru ($1.17M).

Between 2022 and 2023, the fastest growing importers of Greasy shorn wool, not carded or combed were India ($58.5M), Japan ($8.75M), Italy ($2.92M), Netherlands ($1.03M), and Senegal ($376k).

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Exporters of Greasy shorn wool, not carded or combed (2022 - 2023)

Importers of Greasy shorn wool, not carded or combed (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Greasy shorn wool, not carded or combed.

In 2023, market concentration measured using Shannon Entropy, was 1.44. This means that most of the exports of Greasy shorn wool, not carded or combed are explained by 2 countries.

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Value of Exports in Greasy shorn wool, not carded or combed

Net Trade

TOP NET EXPORTER (2023)Australia$1.8B
TOP NET IMPORTER (2023)China$1.88B

This map shows which countries export or import more of Greasy shorn wool, not carded or combed. Each country is colored based on the difference in exports and imports of Greasy shorn wool, not carded or combed during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Greasy shorn wool, not carded or combed were Australia ($1.8B), South Africa ($309M), New Zealand ($110M), Lesotho ($24.5M), and Argentina ($22.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Greasy shorn wool, not carded or combed were China ($1.88B), Italy ($162M), India ($113M), Czechia ($91.8M), and Germany ($35.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Greasy shorn wool, not carded or combed.
It is possible to select the main countries that export or import Greasy shorn wool, not carded or combed in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Greasy shorn wool, not carded or combed 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 (2023)

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