Wool & animal hairWool, fine or coarse animal hair; horsehair yarn and woven fabric
51 (Harmonized System 1992 for 2-digit)
2021 World Trade: $11.4B, Rnk 83 / 96
2021 Top Exporter | Top Importer: $2.29B | $3.29B, Australia | China
2021 Product Complexity: -0.23, Rnk 51 / 96
2020 - 2021 Export Growth (CAGR): 27.6%, Rnk 27 / 96
2018 Mean Tariff: 7.26%, Rnk 66 / 96
2021 Share of World Trade: 0.054%, Rnk 83 / 96
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).
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.
Trade By Country
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).
Trade by country
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).
Cumulative market share
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.
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).
In 2021, the world most traded Wool & animal hair, disaggragated by their HS6 level were Wool & animal hair ($11.4B)
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.
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.
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