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Wool, or fine or coarse animal hair; garnetted stock

5104 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.06MRnk 1216 / 1217
2023
Top Exporter | Top Importer $1.25M | $696kItaly | Italy
2022 - 2023
Export Growth (CAGR) -23.2%Rnk 1084 / 1217
2023
Share of World Trade <0.01%Rnk 1216 / 1217

About

Overview This page contains the latest trade data of Garnetted Wool or Animal Hair. In 2023, Garnetted Wool or Animal Hair were the world's 1216th most traded product, with a total trade of $3.06M. Between 2022 and 2023 the exports of Garnetted Wool or Animal Hair decreased by -23.2%, from $3.99M to $3.06M. Trade in Garnetted Wool or Animal Hair represent 0.000014% of total world trade.

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

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

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

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Garnetted Wool or 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 Wool or Animal Hair were the world's 1216th most traded product (out of 1,217).

In 2023, the top exporters of Garnetted Wool or Animal Hair were Italy ($1.25M), China ($354k), India ($324k), Burma ($234k), and Malaysia ($208k).

In 2023, the top importers of Garnetted Wool or Animal Hair were Italy ($696k), Ukraine ($398k), Turkey ($362k), Germany ($334k), and United States ($292k).

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Exporters of Garnetted Wool or Animal Hair (2023)
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Importers of Garnetted Wool or 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 Wool or 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 Wool or Animal Hair were China ($280k), Germany ($149k), Italy ($139k), South Korea ($131k), and India ($57.4k).

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Exporters of Garnetted Wool or Animal Hair (2022 - 2023)

Importers of Garnetted Wool or Animal Hair (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Garnetted Wool or Animal Hair.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Garnetted Wool or Animal Hair are explained by 8 countries.

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Value of Exports in Garnetted Wool or 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 Wool or Animal Hair. Each country is colored based on the difference in exports and imports of Garnetted Wool or Animal Hair during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Garnetted Wool or 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 Wool or 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 Wool or Animal Hair.
It is possible to select the main countries that export or import Garnetted Wool or Animal Hair in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Garnetted Wool or Animal Hair by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Garnetted Wool or Animal Hair’s highest export potential is N/A. With an export gap of N/A.  Garnetted Wool or Animal Hair’s highest import potential is N/A with an import gap of N/A.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Garnetted Wool or Animal Hair to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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