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510400 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.06MRnk 4550 / 4644
2023
Top Exporter | Top Importer $1.25M | $696kItaly | Italy
2023
Product Complexity -0.42Rnk 3134 / 4656
2022 - 2023
Export Growth (CAGR) -23.2%Rnk 3907 / 4644
2023
Share of World Trade <0.01%Rnk 4550 / 4644

About

Overview This page contains the latest trade data of Garnetted stock of wool or of animal hair. In 2023, Garnetted stock of wool or of animal hair were the world's 4550th most traded product, with a total trade of $3.06M. Between 2022 and 2023 the exports of Garnetted stock of wool or of animal hair decreased by -23.2%, from $3.99M to $3.06M. Trade in Garnetted stock of wool or of animal hair represent 0.000014% of total world trade.

Garnetted stock of wool or of animal hair are a part of Garnetted Wool or Animal Hair.

Exports In 2023 the top exporters of Garnetted stock of wool or of animal hair  were Italy ($1.25M), China ($354k), India ($324k), Burma ($234k), and Malaysia ($208k).

Imports In 2023 the top importers of Garnetted stock of wool or of animal hair were Italy ($696k), Ukraine ($398k), Turkey ($362k), Germany ($334k), and United States ($292k).

Ranking Garnetted stock of wool or of animal hair ranks 3134th in the Product Complexity Index (PCI).

Description Garnetted wool or animal hair is used to create a softer, fluffier, more elastic type of woolen yarn. The wool is lightly brushed against a surface then treated with a chemical to combine the fibers into a long, thin, flexible strand that is then twisted into a yarn.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Garnetted stock of wool or of animal hair. 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$1.25M
Top Destination (2023)Italy$696k

In 2023 Garnetted stock of wool or of animal hair were the world's 4550th most traded product (out of 4,644).

In 2023, the top exporters of Garnetted stock of wool or of animal hair were Italy ($1.25M), China ($354k), India ($324k), Burma ($234k), and Malaysia ($208k).

In 2023, the top importers of Garnetted stock of wool or of animal hair were Italy ($696k), Ukraine ($398k), Turkey ($362k), Germany ($334k), and United States ($292k).

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Exporters of Garnetted stock of wool or of animal hair (2023)
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Importers of Garnetted stock of wool or of animal hair (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Burma$234k
Top Destination Growth (2022 -  2023)China$280k

Between 2022 and 2023, the exports of Garnetted stock of wool or of animal hair grew the fastest in Burma ($234k), Malaysia ($208k), Japan ($125k), India ($101k), and Peru ($42.2k).

Between 2022 and 2023, the fastest growing importers of Garnetted stock of wool or of animal hair were China ($280k), Germany ($149k), Italy ($139k), South Korea ($131k), and India ($57.4k).

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Exporters of Garnetted stock of wool or of animal hair (2022 - 2023)

Importers of Garnetted stock of wool or of animal hair (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Garnetted stock of wool or of animal hair.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Garnetted stock of wool or of animal hair are explained by 8 countries.

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Value of Exports in Garnetted stock of wool or of animal hair

Net Trade

TOP NET EXPORTER (2023)Italy$558k
TOP NET IMPORTER (2023)Turkey$360k

This map shows which countries export or import more of Garnetted stock of wool or of animal hair. Each country is colored based on the difference in exports and imports of Garnetted stock of wool or of animal hair during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Garnetted stock of wool or of animal hair were Italy ($558k), India ($262k), Burma ($234k), Malaysia ($205k), and Japan ($168k).

In 2023, the countries that had a largest trade value in imports than in exports of Garnetted stock of wool or of animal hair were Turkey ($360k), Germany ($327k), United States ($225k), South Korea ($173k), and United Kingdom ($108k).

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 Garnetted stock of wool or of animal hair.
It is possible to select the main countries that export or import Garnetted stock of wool or of animal hair in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Garnetted stock of wool or of animal hair 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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