Wool, not carded or combed

5101 (Harmonized System 1992 for 4-digit)

About

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).

Ranking Wool ranks 1002nd in the Product Complexity Index (PCI).

Description Common uses of wool are in the production of woolen fabric and carpeting.

Latest Data

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The following visualization shows the latest trends on 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.

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

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Historical Data

Exporters and Importers

Top Origin (2021)Australia$2.28B
Top Destination (2021)China$2.5B

In 2021 Wool were the world's 615th most traded product (out of 1,217).

In 2021, the top exporters of Wool were Australia ($2.28B), New Zealand ($487M), South Africa ($325M), Uruguay ($76.9M), and Lesotho ($57.6M).

In 2021, the top importers of Wool were China ($2.5B), India ($217M), Italy ($198M), Czechia ($117M), and United Kingdom ($64.1M).

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Exporters of Wool (2021)
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Importers of Wool (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Australia$702M
Top Destination Growth (2020 -  2021)China$846M

Between 2020 and 2021, the exports of Wool grew the fastest in Australia ($702M), New Zealand ($244M), South Africa ($61.3M), Uruguay ($35M), and Lesotho ($19.8M).

Between 2020 and 2021, the fastest growing importers of Wool were China ($846M), Italy ($87M), India ($38.3M), Germany ($28.1M), and United Kingdom ($24.3M).

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Exporters of Wool (2020 - 2021)

Importers of Wool (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wool.

In 2021, market concentration measured using Shannon Entropy, was 2.26. This means that most of the exports of Wool are explained by 4 countries.

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Value of Exports in Wool

Net Trade

TOP NET EXPORTER (2021)Australia$2.25B
TOP NET IMPORTER (2021)China$2.46B

This map shows which countries export or import more of Wool. Each country is colored based on the difference in exports and imports of Wool during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Wool were Australia ($2.25B), New Zealand ($486M), South Africa ($285M), Lesotho ($57.5M), and Uruguay ($47M).

In 2021, the countries that had a largest trade value in imports than in exports of Wool were China ($2.46B), India ($217M), Italy ($188M), Czechia ($115M), and South Korea ($48.8M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Wool, disaggragated by their HS6 level were Greasy shorn wool, not carded or... ($2.9B), Degreased shorn wool, not carded, combed... ($443M), Greasy wool (other than shorn) not... ($115M), Carbonized wool, not carded or combed ($112M), and Degreased wool nes, not carded, combed... ($74.9M)

HS6 Disaggregation for Wool (2021)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of 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 (2021)

Country by Relatedness

The following visualization shows the relatedness of Wool to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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