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Yarn of carded wool, not put up for retail sale

5106 (Harmonized System 1992 for 4-digit)

2023
World Trade $513MRnk 1034 / 1217
2023
Top Exporter | Top Importer $148M | $68.3MItaly | United Kingdom
2023
Product Complexity 0.35Rnk 434 / 1044
2022 - 2023
Export Growth (CAGR) 1.33%Rnk 359 / 1217
2023
Share of World Trade 0.0023%Rnk 1034 / 1217

About

Overview This page contains the latest trade data of Non-Retail Carded Wool Yarn. In 2023, Non-Retail Carded Wool Yarn were the world's 1034th most traded product, with a total trade of $513M. Between 2022 and 2023 the exports of Non-Retail Carded Wool Yarn grew by 1.33%, from $507M to $513M. Trade in Non-Retail Carded Wool Yarn represent 0.0023% of total world trade.

Non-Retail Carded Wool Yarn are a part of Wool & animal hair. They include Yarn of carded wool, >85% wool, not retail and Yarn of carded, wool, <85% wool, not retail.

Exports In 2023 the top exporters of Non-Retail Carded Wool Yarn  were Italy ($148M), China ($105M), Lithuania ($62M), United Kingdom ($30.6M), and Estonia ($18.7M).

Imports In 2023 the top importers of Non-Retail Carded Wool Yarn were United Kingdom ($68.3M), Italy ($31.5M), Hong Kong ($30.3M), Denmark ($29.2M), and Bangladesh ($26.9M).

Ranking Non-Retail Carded Wool Yarn ranks 434th in the Product Complexity Index (PCI).

Description Carded wool yarn is often used for knitting or crocheting garments, blankets, and other items.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Non-Retail Carded Wool Yarn. 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$148M
Top Destination (2023)United Kingdom$68.3M

In 2023 Non-Retail Carded Wool Yarn were the world's 1034th most traded product (out of 1,217).

In 2023, the top exporters of Non-Retail Carded Wool Yarn were Italy ($148M), China ($105M), Lithuania ($62M), United Kingdom ($30.6M), and Estonia ($18.7M).

In 2023, the top importers of Non-Retail Carded Wool Yarn were United Kingdom ($68.3M), Italy ($31.5M), Hong Kong ($30.3M), Denmark ($29.2M), and Bangladesh ($26.9M).

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Exporters of Non-Retail Carded Wool Yarn (2023)
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Importers of Non-Retail Carded Wool Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$17.9M
Top Destination Growth (2022 -  2023)Vietnam$13.2M

Between 2022 and 2023, the exports of Non-Retail Carded Wool Yarn grew the fastest in China ($17.9M), Hong Kong ($8.32M), Estonia ($5.15M), Denmark ($5.14M), and Poland ($3.45M).

Between 2022 and 2023, the fastest growing importers of Non-Retail Carded Wool Yarn were Vietnam ($13.2M), Denmark ($8.15M), China ($5.43M), Italy ($5.36M), and Portugal ($5.24M).

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Exporters of Non-Retail Carded Wool Yarn (2022 - 2023)

Importers of Non-Retail Carded Wool Yarn (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Non-Retail Carded Wool Yarn.

In 2023, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Non-Retail Carded Wool Yarn are explained by 11 countries.

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Value of Exports in Non-Retail Carded Wool Yarn

Net Trade

TOP NET EXPORTER (2023)Italy$117M
TOP NET IMPORTER (2023)United Kingdom$37.7M

This map shows which countries export or import more of Non-Retail Carded Wool Yarn. Each country is colored based on the difference in exports and imports of Non-Retail Carded Wool Yarn during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Non-Retail Carded Wool Yarn were Italy ($117M), China ($86.2M), Lithuania ($59.9M), Estonia ($16.9M), and Mauritius ($11.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Non-Retail Carded Wool Yarn were United Kingdom ($37.7M), Bangladesh ($26.9M), Vietnam ($21.4M), Netherlands ($17.2M), and Madagascar ($15.3M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Non-Retail Carded Wool Yarn, disaggragated by their HS6 level were Yarn of carded wool, >85% wool,... ($297M) and Yarn of carded, wool, <85% wool,... ($216M)

HS6 Disaggregation for Non-Retail Carded Wool Yarn (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Non-Retail Carded Wool Yarn.
It is possible to select the main countries that export or import Non-Retail Carded Wool Yarn in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Non-Retail Carded Wool Yarn by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $751k
TOP IMPORT POTENTIALChina+ $409k

Non-Retail Carded Wool Yarn’s highest export potential is France. With an export gap of $751k.  Non-Retail Carded Wool Yarn’s highest import potential is China with an import gap of $409k.

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 Non-Retail Carded Wool Yarn 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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