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510720 (Harmonized System 1992 for 6-digit)

2022
World Trade $321MRnk 3351 / 4648
2022
Top Exporter | Top Importer $61.1M | $47.5MItaly | Germany
2022
Product Complexity 0.48Rnk 1664 / 4653
2021 - 2022
Export Growth (CAGR) -0.74%Rnk 3074 / 4648
2022
Share of World Trade 0.0014%Rnk 3351 / 4648

About

Overview This page contains the latest trade data of Yarn of combed wool, <85% wool, not retail. In 2022, Yarn of combed wool, <85% wool, not retail were the world's 3351st most traded product, with a total trade of $321M. Between 2021 and 2022 the exports of Yarn of combed wool, <85% wool, not retail decreased by -0.74%, from $323M to $321M. Trade in Yarn of combed wool, <85% wool, not retail represent 0.0014% of total world trade.

Yarn of combed wool, <85% wool, not retail are a part of Non-Retail Combed Wool Yarn.

Exports In 2022 the top exporters of Yarn of combed wool, <85% wool, not retail  were Italy ($61.1M), China ($56M), Germany ($31.8M), Romania ($26.2M), and India ($23.9M).

Imports In 2022 the top importers of Yarn of combed wool, <85% wool, not retail were Germany ($47.5M), Italy ($31.8M), Romania ($19.5M), United States ($17.7M), and South Korea ($17.3M).

Ranking Yarn of combed wool, <85% wool, not retail ranks 1664th in the Product Complexity Index (PCI).

Description Wool yarns are typically used for textiles such as knitting, weaving, crocheting, and weaving. What are the advantages of using wool yarn? Wool is often firmer than cotton and therefore is easier to manipulate in spinning and weaving. Wool is also warmer and more durable than cotton, which is one reason why wool is often used in winter garments.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of combed wool, <85% wool, not retail. 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 (2022)Italy$61.1M
Top Destination (2022)Germany$47.5M

In 2022 Yarn of combed wool, <85% wool, not retail were the world's 3351st most traded product (out of 4,648).

In 2022, the top exporters of Yarn of combed wool, <85% wool, not retail were Italy ($61.1M), China ($56M), Germany ($31.8M), Romania ($26.2M), and India ($23.9M).

In 2022, the top importers of Yarn of combed wool, <85% wool, not retail were Germany ($47.5M), Italy ($31.8M), Romania ($19.5M), United States ($17.7M), and South Korea ($17.3M).

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Exporters of Yarn of combed wool, <85% wool, not retail (2022)
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Importers of Yarn of combed wool, <85% wool, not retail (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Romania$4.14M
Top Destination Growth (2021 -  2022)Italy$7.22M

Between 2021 and 2022, the exports of Yarn of combed wool, <85% wool, not retail grew the fastest in Romania ($4.14M), Portugal ($3.02M), India ($2.89M), Czechia ($2.75M), and Bulgaria ($2.55M).

Between 2021 and 2022, the fastest growing importers of Yarn of combed wool, <85% wool, not retail were Italy ($7.22M), Romania ($5.84M), United States ($5.03M), Germany ($4.63M), and Turkey ($2.64M).

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Exporters of Yarn of combed wool, <85% wool, not retail (2021 - 2022)

Importers of Yarn of combed wool, <85% wool, not retail (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of combed wool, <85% wool, not retail.

In 2022, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Yarn of combed wool, <85% wool, not retail are explained by 14 countries.

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Value of Exports in Yarn of combed wool, <85% wool, not retail

Net Trade

TOP NET EXPORTER (2022)China$43.4M
TOP NET IMPORTER (2022)United States$17.1M

This map shows which countries export or import more of Yarn of combed wool, <85% wool, not retail. Each country is colored based on the difference in exports and imports of Yarn of combed wool, <85% wool, not retail during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Yarn of combed wool, <85% wool, not retail were China ($43.4M), Italy ($29.4M), India ($22M), Czechia ($16.4M), and Bulgaria ($16M).

In 2022, the countries that had a largest trade value in imports than in exports of Yarn of combed wool, <85% wool, not retail were United States ($17.1M), Germany ($15.7M), South Korea ($12.9M), Turkey ($11.6M), and Finland ($11.3M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Yarn of combed wool, <85% wool, not retail.
It is possible to select the main countries that export or import Yarn of combed wool, <85% wool, not retail in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of combed wool, <85% wool, not retail 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 (2022)

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