Overview: This page contains the latest trade data of Wool. In 2018, Wool were the world's 519th most traded product, with a total trade of $4.72B. Between 2017 and 2018 the exports of Wool grew by 9.61%, from $4.31B to $4.72B. Trade in Wool represent 0.026% of total world trade.
Exports: In 2018 the top exporters of Wool were Australia ($2.99B), South Africa ($429M), New Zealand ($421M), Uruguay ($114M), and Argentina ($88.8M).
Imports: In 2018 the top importers of Wool were China ($3B), India ($364M), Italy ($296M), Czechia ($239M), and South Korea ($102M).
Tariffs: In 2018 the average tariff for Wool was 3.45%, been the 1089 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Wool are Bahamas (40.2%), Sudan (21.9%), China (18.9%), Maldives (14.6%), and Azerbaijan (14.4%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Wool ranks 964th in the Product Complexity Index (PCI).