2022
Exports
$66.1MWorld Rnk 27 / 160
Flag Rnk 90 / 96
2022
PRODUCT COMPLEXITY IN Wool & animal hair
0.58Rnk 333 / 1025
2022
Imports
$280MWorld Rnk 11 / 194
Flag Rnk 93 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $66.1M in Wool & animal hair, making it the 27th largest exporter of Wool & animal hair in the world. At the same year, Wool & animal hair was the 90th most exported product in United States. The main destination of Wool & animal hair exports from United States are: Mexico ($13.5M), China ($9.44M), Canada ($8.83M), Costa Rica ($3.84M), and El Salvador ($3.58M).

The fastest growing export markets for Wool & animal hair of United States between 2021 and 2022 were Mexico ($2.56M), Bulgaria ($1.29M), and Costa Rica ($997k).

Imports In 2022, United States imported $280M in Wool & animal hair, becoming the 11th largest importer of Wool & animal hair in the world. At the same year, Wool & animal hair was the 93rd most imported product in United States. United States imports Wool & animal hair primarily from: Italy ($40.3M), China ($33.4M), Peru ($30.5M), Canada ($24.6M), and United Kingdom ($23.1M).

The fastest growing import markets in Wool & animal hair for United States between 2021 and 2022 were Italy ($4.04M), Canada ($3.56M), and Chile ($2.52M).

COMPANIES In 2023, leading companies such as HP Inc (20), Itourscm (19), and Jo-Ann Stores (17) were at the forefront of shipping Wool & animal hair to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-3.83M(-44.6%)
IMPORT GROWTH (July 2023 - July 2024)$-1.4M(-6.18%)
MAIN EXPORTER (July 2024)Texas$2.67M
MAIN DESTINATION (July 2024)China$1.2M

This section shows Wool & animal hair's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Wool & animal hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.1M
IMPORTS (2022)$280M
NET TRADE (2022)-$214M

In 2022, United States exported $66.1M in Wool & animal hair. The main destinations of United States exports on Wool & animal hair were Mexico ($13.5M), China ($9.44M), Canada ($8.83M), Costa Rica ($3.84M), and El Salvador ($3.58M).

In 2022, United States imported $280M in Wool & animal hair, mainly from Italy ($40.3M), China ($33.4M), Peru ($30.5M), Canada ($24.6M), and United Kingdom ($23.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool & animal hair EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$2.56M (23.4%)
Bulgaria$1.29M (83.5%)
Costa Rica$997k (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool & animal hair BY United States WERE (2021 - 2022):
South Africa-$2.35M (-42.4%)
China-$1.41M (-13%)
Italy-$804k (-44.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Wool & animal hair were:
China $2.23B
Italy $2.03B
In 2022, United States's main importing competitors in Wool & animal hair were:
China $2.97B
Italy $1.62B

Explore Visualizations

Trade Value of Wool & animal hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.46M
TOP IMPORT POTENTIALItaly+ $9.8M

Wool & animal hair’s highest export potential is China. With an export gap of $4.46M.   Wool & animal hair’s highest import potential is Italy with an import gap of $9.8M.

See methodology.

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