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510910 (Harmonized System 1992 for 6-digit)

2023
World Trade $213MRnk 3620 / 4644
2023
Top Exporter | Top Importer $42.3M | $31.1MItaly | United States
2023
Product Complexity -0.17Rnk 2791 / 4656
2022 - 2023
Export Growth (CAGR) 6.46%Rnk 910 / 4644
2023
Share of World Trade 0.00094%Rnk 3620 / 4644

About

Overview This page contains the latest trade data of Yarn of wool or fine hair, >85% such fibres, retail. In 2023, Yarn of wool or fine hair, >85% such fibres, retail were the world's 3620th most traded product, with a total trade of $213M. Between 2022 and 2023 the exports of Yarn of wool or fine hair, >85% such fibres, retail grew by 6.46%, from $200M to $213M. Trade in Yarn of wool or fine hair, >85% such fibres, retail represent 0.00094% of total world trade.

Yarn of wool or fine hair, >85% such fibres, retail are a part of Retail Wool or Animal Hair Yarn.

Exports In 2023 the top exporters of Yarn of wool or fine hair, >85% such fibres, retail  were Italy ($42.3M), Peru ($40.5M), Norway ($17M), China ($16.2M), and Romania ($12.9M).

Imports In 2023 the top importers of Yarn of wool or fine hair, >85% such fibres, retail were United States ($31.1M), Germany ($24.4M), Norway ($22.8M), Sweden ($21.5M), and Denmark ($16.4M).

Ranking Yarn of wool or fine hair, >85% such fibres, retail ranks 2791st in the Product Complexity Index (PCI).

Description Wool yarn is created by spinning the wool fibres together, which gives it a smooth, even texture. Wool is naturally water-resistant, breathable and warm, making it an ideal material for sweaters, hats, and scarves.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of wool or fine hair, >85% such fibres, retail. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Italy$42.3M
Top Destination (2023)United States$31.1M

In 2023 Yarn of wool or fine hair, >85% such fibres, retail were the world's 3620th most traded product (out of 4,644).

In 2023, the top exporters of Yarn of wool or fine hair, >85% such fibres, retail were Italy ($42.3M), Peru ($40.5M), Norway ($17M), China ($16.2M), and Romania ($12.9M).

In 2023, the top importers of Yarn of wool or fine hair, >85% such fibres, retail were United States ($31.1M), Germany ($24.4M), Norway ($22.8M), Sweden ($21.5M), and Denmark ($16.4M).

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Exporters of Yarn of wool or fine hair, >85% such fibres, retail (2023)
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Importers of Yarn of wool or fine hair, >85% such fibres, retail (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Peru$6.81M
Top Destination Growth (2022 -  2023)Norway$8.56M

Between 2022 and 2023, the exports of Yarn of wool or fine hair, >85% such fibres, retail grew the fastest in Peru ($6.81M), Romania ($2.73M), Iceland ($1.85M), Chinese Taipei ($1.71M), and Norway ($1.64M).

Between 2022 and 2023, the fastest growing importers of Yarn of wool or fine hair, >85% such fibres, retail were Norway ($8.56M), Sweden ($2.88M), United States ($2.68M), Finland ($2.05M), and Austria ($2.03M).

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Exporters of Yarn of wool or fine hair, >85% such fibres, retail (2022 - 2023)

Importers of Yarn of wool or fine hair, >85% such fibres, retail (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of wool or fine hair, >85% such fibres, retail.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Yarn of wool or fine hair, >85% such fibres, retail are explained by 15 countries.

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Value of Exports in Yarn of wool or fine hair, >85% such fibres, retail

Net Trade

TOP NET EXPORTER (2023)Italy$41.3M
TOP NET IMPORTER (2023)United States$24.5M

This map shows which countries export or import more of Yarn of wool or fine hair, >85% such fibres, retail. Each country is colored based on the difference in exports and imports of Yarn of wool or fine hair, >85% such fibres, retail during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Yarn of wool or fine hair, >85% such fibres, retail were Italy ($41.3M), Peru ($40.5M), China ($14.5M), Romania ($12.5M), and Turkey ($10.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Yarn of wool or fine hair, >85% such fibres, retail were United States ($24.5M), Sweden ($14.7M), Denmark ($13.9M), Germany ($12.8M), and Austria ($9.16M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Yarn of wool or fine hair, >85% such fibres, retail.
It is possible to select the main countries that export or import Yarn of wool or fine hair, >85% such fibres, retail in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of wool or fine hair, >85% such fibres, retail 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 (2023)

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