HS Icon Wool & animal hair

Wool, fine or coarse animal hair; horsehair yarn and woven fabric

51 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Wool & animal hair. In 2021, Wool & animal hair were the world's 83rd most traded product, with a total trade of $11.4B. Between 2020 and 2021 the exports of Wool & animal hair grew by 27.6%, from $8.9B to $11.4B. Trade in Wool & animal hair represent 0.054% of total world trade.

Wool & animal hair are a part of Textiles. They include Wool & animal hair.

Exports In 2021 the top exporters of Wool & animal hair  were Australia ($2.29B), China ($2.07B), Italy ($1.7B), New Zealand ($527M), and Germany ($476M).

Imports In 2021 the top importers of Wool & animal hair were China ($3.29B), Italy ($1.31B), Germany ($596M), United Kingdom ($390M), and Hong Kong ($357M).

Tariffs In 2018 the average tariff for Wool & animal hair was 7.26%, making it the 66th lowest tariff using the HS2 product classification.

Ranking Wool & animal hair ranks 51st in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Wool & animal hair. 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

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Exporters and Importers

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Trade By Country

Top Origin (2021): Australia, $2.29B

Top Destination (2021): China, $3.29B

Wool & animal hair are the world's 83rd most traded product.

In 2021, the top exporters of Wool & animal hair were Australia ($2.29B), China ($2.07B), Italy ($1.7B), New Zealand ($527M), and Germany ($476M).

In 2021, the top importers of Wool & animal hair were China ($3.29B), Italy ($1.31B), Germany ($596M), United Kingdom ($390M), and Hong Kong ($357M).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): Australia, $707M

Top Destination Growth (2020 -  2021): China, $1.03B

Between 2020 and 2021, the exports of Wool & animal hair grew the fastest in Australia ($707M), China ($383M), Italy ($261M), New Zealand ($260M), and Mongolia ($105M).

Between 2020 and 2021, the fastest growing importers of Wool & animal hair were China ($1.03B), Italy ($379M), Germany ($109M), United Kingdom ($104M), and Kazakhstan ($77.7M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Wool & animal hair.

In 2021, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Wool & animal hair are explained by 17 countries.

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TOP NET EXPORTER (2021): Australia, $2.21B

TOP NET IMPORTER (2021): China, $1.21B

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

In 2021, the countries that had a largest trade value in exports than in imports of Wool & animal hair were Australia ($2.21B), New Zealand ($512M), Italy ($392M), South Africa ($360M), and Mongolia ($352M).

In 2021, the countries that had a largest trade value in imports than in exports of Wool & animal hair were China ($1.21B), Hong Kong ($284M), Vietnam ($230M), United States ($222M), and South Korea ($222M).

Disaggregation

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Value
Disaggregation

In 2021, the world most traded Wool & animal hair, disaggragated by their HS6 level were Wool & animal hair ($11.4B)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.