Overview This page contains the latest trade data of Wool. In 2021, Wool were the world's 615th most traded product, with a total trade of $3.65B. Between 2020 and 2021 the exports of Wool grew by 45.5%, from $2.51B to $3.65B. Trade in Wool represent 0.017% of total world trade.
Wool are a part of Wool & animal hair. They include Greasy shorn wool, not carded or combed, Degreased shorn wool, not carded, combed or carbonize, Carbonized wool, not carded or combed, Degreased wool nes, not carded, combed or carbonized, and Greasy wool (other than shorn) not carded or combed.
Exports In 2021 the top exporters of Wool were Australia ($2.28B), New Zealand ($487M), South Africa ($325M), Uruguay ($76.9M), and Lesotho ($57.6M).
Imports In 2021 the top importers of Wool were China ($2.5B), India ($217M), Italy ($198M), Czechia ($117M), and United Kingdom ($64.1M).
Tariffs In 2018 the average tariff for Wool was 3.45%, making it the 1098th lowest tariff using the HS4 product classification.
Ranking Wool ranks 1002nd in the Product Complexity Index (PCI).
Description Common uses of wool are in the production of woolen fabric and carpeting.