2022
Exports
$21.3MWorld Rnk 10 / 109
Flag Rnk 1005 / 1216
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2022
Imports
$85MWorld Rnk 5 / 137
Flag Rnk 793 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $21.3M in Wool, making it the 10th largest exporter of Wool in the world. At the same year, Wool was the 1005th most exported product in Germany. The main destination of Wool exports from Germany are: Italy ($4.77M), Czechia ($2.97M), Austria ($1.85M), Hungary ($1.28M), and Poland ($1.21M).

The fastest growing export markets for Wool of Germany between 2021 and 2022 were Italy ($2.41M), Czechia ($1.33M), and Nigeria ($1.13M).

Imports In 2022, Germany imported $85M in Wool, becoming the 5th largest importer of Wool in the world. At the same year, Wool was the 793rd most imported product in Germany. Germany imports Wool primarily from: South Africa ($50M), Australia ($9.13M), New Zealand ($8.76M), Belgium ($4.71M), and Falkland Islands ($2.63M).

The fastest growing import markets in Wool for Germany between 2021 and 2022 were South Africa ($29.6M), Australia ($1.72M), and Falkland Islands ($1.42M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Wool. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.3M
IMPORTS (2022)$85M
NET TRADE (2022)-$63.7M

In 2022, Germany exported $21.3M in Wool. The main destinations of Germany exports on Wool were Italy ($4.77M), Czechia ($2.97M), Austria ($1.85M), Hungary ($1.28M), and Poland ($1.21M).

In 2022, Germany imported $85M in Wool, mainly from South Africa ($50M), Australia ($9.13M), New Zealand ($8.76M), Belgium ($4.71M), and Falkland Islands ($2.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool EXPORT MARKETS FOR Germany WERE (2021 - 2022):
Italy$2.41M (102%)
Czechia$1.33M (80.7%)
Nigeria$1.13M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wool BY Germany WERE (2021 - 2022):
Moldova-$801k (-71.1%)
Austria-$441k (-19.3%)
Poland-$248k (-17%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Wool were:
In 2022, Germany's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCzechia+ $528k
TOP IMPORT POTENTIALAustralia+ $3.84M

Wool’s highest export potential is Czechia. With an export gap of $528k.   Wool’s highest import potential is Australia with an import gap of $3.84M.

See methodology.

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