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Pricing

Yarn of wool or of fine animal hair, put up for retail sale

5109 (Harmonized System 1992 for 4-digit)

2023
World Trade $451MRnk 1056 / 1217
2023
Top Exporter | Top Importer $101M | $64MItaly | Germany
2022 - 2023
Export Growth (CAGR) 4.42%Rnk 266 / 1217
2023
Share of World Trade 0.002%Rnk 1056 / 1217

About

Overview This page contains the latest trade data of Retail Wool or Animal Hair Yarn. In 2023, Retail Wool or Animal Hair Yarn were the world's 1056th most traded product, with a total trade of $451M. Between 2022 and 2023 the exports of Retail Wool or Animal Hair Yarn grew by 4.42%, from $432M to $451M. Trade in Retail Wool or Animal Hair Yarn represent 0.002% of total world trade.

Retail Wool or Animal Hair Yarn are a part of Wool & animal hair. They include Yarn of wool or fine hair, <85% such fibres, retail and Yarn of wool or fine hair, >85% such fibres, retail.

Exports In 2023 the top exporters of Retail Wool or Animal Hair Yarn  were Italy ($101M), Peru ($95.6M), China ($31.1M), Norway ($30.1M), and Turkey ($29.6M).

Imports In 2023 the top importers of Retail Wool or Animal Hair Yarn were Germany ($64M), Norway ($61.5M), Sweden ($56.7M), United States ($45M), and Denmark ($41M).

Description Yarn of wool or fine animal hair is used in the production of textiles, such as clothing, carpets, and blankets.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Retail Wool or Animal Hair 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$101M
Top Destination (2023)Germany$64M

In 2023 Retail Wool or Animal Hair Yarn were the world's 1056th most traded product (out of 1,217).

In 2023, the top exporters of Retail Wool or Animal Hair Yarn were Italy ($101M), Peru ($95.6M), China ($31.1M), Norway ($30.1M), and Turkey ($29.6M).

In 2023, the top importers of Retail Wool or Animal Hair Yarn were Germany ($64M), Norway ($61.5M), Sweden ($56.7M), United States ($45M), and Denmark ($41M).

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Exporters of Retail Wool or Animal Hair Yarn (2023)
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Importers of Retail Wool or Animal Hair Yarn (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Peru$15.4M
Top Destination Growth (2022 -  2023)Sweden$11.1M

Between 2022 and 2023, the exports of Retail Wool or Animal Hair Yarn grew the fastest in Peru ($15.4M), Italy ($3.8M), Romania ($3.22M), Norway ($3M), and Chinese Taipei ($2.48M).

Between 2022 and 2023, the fastest growing importers of Retail Wool or Animal Hair Yarn were Sweden ($11.1M), Norway ($8.12M), United Kingdom ($3.15M), France ($2.91M), and Austria ($2.2M).

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Exporters of Retail Wool or Animal Hair Yarn (2022 - 2023)

Importers of Retail Wool or Animal Hair Yarn (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Retail Wool or Animal Hair Yarn are explained by 13 countries.

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Value of Exports in Retail Wool or Animal Hair Yarn

Net Trade

TOP NET EXPORTER (2023)Italy$98M
TOP NET IMPORTER (2023)Germany$38.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Retail Wool or Animal Hair Yarn were Italy ($98M), Peru ($95.6M), Turkey ($29M), Romania ($26.7M), and China ($26.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Retail Wool or Animal Hair Yarn were Germany ($38.2M), United States ($37.1M), Denmark ($35.5M), Sweden ($33.9M), and Norway ($31.4M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Retail Wool or Animal Hair Yarn, disaggragated by their HS6 level were Yarn of wool or fine hair,... ($238M) and Yarn of wool or fine hair,... ($213M)

HS6 Disaggregation for Retail Wool or Animal Hair 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 Retail Wool or Animal Hair Yarn.
It is possible to select the main countries that export or import Retail Wool or Animal Hair Yarn in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.01M
TOP IMPORT POTENTIALGermany+ $153k

Retail Wool or Animal Hair Yarn’s highest export potential is United States. With an export gap of $1.01M.  Retail Wool or Animal Hair Yarn’s highest import potential is Germany with an import gap of $153k.

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 Retail Wool or Animal Hair 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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