Overview This page contains the latest trade data of Wool. In 2020, Wool were the world's 653rd most traded product, with a total trade of $2.5B. Between 2019 and 2020 the exports of Wool decreased by -31.4%, from $3.65B to $2.5B. Trade in Wool represent 0.015% of total world trade.
Wool are a part of Wool, fine or coarse animal hair; horsehair yarn and woven fabric. 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 2020 the top exporters of Wool were Australia ($1.58B), South Africa ($264M), New Zealand ($243M), United Kingdom ($48M), and Uruguay ($41.9M).
Imports In 2020 the top importers of Wool were China ($1.66B), India ($179M), Italy ($109M), Czechia ($98.8M), and United Kingdom ($39.7M).
Tariffs In 2018 the average tariff for Wool was 3.45%, making it the 1098th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Wool are Bahamas (40.2%), Sudan (21.9%), Bhutan (19.6%), Comoros (18.9%), and China (18.9%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking Wool ranks 1015th in the Product Complexity Index (PCI).
Description Common uses of wool are in the production of woolen fabric and carpeting.