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510990 (Harmonized System 1992 for 6-digit)

2023
World Trade $238MRnk 3537 / 4644
2023
Top Exporter | Top Importer $59M | $39.6MItaly | Germany
2023
Product Complexity -0.49Rnk 3197 / 4656
2022 - 2023
Export Growth (CAGR) 2.65%Rnk 1260 / 4644
2023
Share of World Trade 0.0011%Rnk 3537 / 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 3537th most traded product, with a total trade of $238M. Between 2022 and 2023 the exports of Yarn of wool or fine hair, <85% such fibres, retail grew by 2.65%, from $232M to $238M. Trade in Yarn of wool or fine hair, <85% such fibres, retail represent 0.0011% 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 ($59M), Peru ($55.1M), Turkey ($19.1M), Sweden ($16.1M), and China ($14.9M).

Imports In 2023 the top importers of Yarn of wool or fine hair, <85% such fibres, retail were Germany ($39.6M), Norway ($38.7M), Sweden ($35.2M), Denmark ($24.6M), and United States ($13.9M).

Ranking Yarn of wool or fine hair, <85% such fibres, retail ranks 3197th in the Product Complexity Index (PCI).

Description Yarn made of wool or hair is used in garments, carpets, and a variety of other household items.

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$59M
Top Destination (2023)Germany$39.6M

In 2023 Yarn of wool or fine hair, <85% such fibres, retail were the world's 3537th 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 ($59M), Peru ($55.1M), Turkey ($19.1M), Sweden ($16.1M), and China ($14.9M).

In 2023, the top importers of Yarn of wool or fine hair, <85% such fibres, retail were Germany ($39.6M), Norway ($38.7M), Sweden ($35.2M), Denmark ($24.6M), and United States ($13.9M).

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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$8.63M
Top Destination Growth (2022 -  2023)Sweden$8.24M

Between 2022 and 2023, the exports of Yarn of wool or fine hair, <85% such fibres, retail grew the fastest in Peru ($8.63M), Italy ($3.57M), Sweden ($2.01M), Norway ($1.35M), and Chinese Taipei ($768k).

Between 2022 and 2023, the fastest growing importers of Yarn of wool or fine hair, <85% such fibres, retail were Sweden ($8.24M), Denmark ($3.16M), United Kingdom ($1.82M), France ($1.49M), and China ($1.03M).

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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 3.49. This means that most of the exports of Yarn of wool or fine hair, <85% such fibres, retail are explained by 11 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$56.7M
TOP NET IMPORTER (2023)Norway$25.6M

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 ($56.7M), Peru ($55.1M), Turkey ($18.7M), Romania ($14.2M), and China ($11.6M).

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 Norway ($25.6M), Germany ($25.4M), Denmark ($21.6M), Sweden ($19.1M), and United States ($12.6M).

Net Trade (2023)

Country Comparison

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Ranking

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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