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510910 (Harmonized System 1992 for 6-digit)

2022
World Trade $201MRnk 3712 / 4648
2022
Top Exporter | Top Importer $37M | $26.5MItaly | Germany
2022
Product Complexity -0.072Rnk 2627 / 4653
2021 - 2022
Export Growth (CAGR) -20.6%Rnk 4340 / 4648
2022
Share of World Trade 0.00085%Rnk 3712 / 4648

About

Overview This page contains the latest trade data of Yarn of wool or fine hair, >85% such fibres, retail. In 2022, Yarn of wool or fine hair, >85% such fibres, retail were the world's 3712th most traded product, with a total trade of $201M. Between 2021 and 2022 the exports of Yarn of wool or fine hair, >85% such fibres, retail decreased by -20.6%, from $253M to $201M. Trade in Yarn of wool or fine hair, >85% such fibres, retail represent 0.00085% of total world trade.

Yarn of wool or fine hair, >85% such fibres, retail are a part of Retail Wool or Animal Hair Yarn.

Exports In 2022 the top exporters of Yarn of wool or fine hair, >85% such fibres, retail  were Italy ($37M), Peru ($30.1M), Norway ($18.4M), China ($14.4M), and Germany ($14.4M).

Imports In 2022 the top importers of Yarn of wool or fine hair, >85% such fibres, retail were Germany ($26.5M), United States ($25.4M), Denmark ($19.6M), Sweden ($18.8M), and Norway ($16.6M).

Ranking Yarn of wool or fine hair, >85% such fibres, retail ranks 2627th in the Product Complexity Index (PCI).

Description Wool yarn is created by spinning the wool fibres together, which gives it a smooth, even texture. Wool is naturally water-resistant, breathable and warm, making it an ideal material for sweaters, hats, and scarves.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Yarn of wool or fine hair, >85% such fibres, 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$37M
Top Destination (2022)Germany$26.5M

In 2022 Yarn of wool or fine hair, >85% such fibres, retail were the world's 3712th most traded product (out of 4,648).

In 2022, the top exporters of Yarn of wool or fine hair, >85% such fibres, retail were Italy ($37M), Peru ($30.1M), Norway ($18.4M), China ($14.4M), and Germany ($14.4M).

In 2022, the top importers of Yarn of wool or fine hair, >85% such fibres, retail were Germany ($26.5M), United States ($25.4M), Denmark ($19.6M), Sweden ($18.8M), and Norway ($16.6M).

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Exporters of Yarn of wool or fine hair, >85% such fibres, retail (2022)
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Importers of Yarn of wool or fine hair, >85% such fibres, retail (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$3.08M
Top Destination Growth (2021 -  2022)Sweden$1.7M

Between 2021 and 2022, the exports of Yarn of wool or fine hair, >85% such fibres, retail grew the fastest in Austria ($3.08M), Norway ($1.31M), Lithuania ($857k), Sweden ($601k), and Iceland ($500k).

Between 2021 and 2022, the fastest growing importers of Yarn of wool or fine hair, >85% such fibres, retail were Sweden ($1.7M), Portugal ($1.48M), Costa Rica ($1.01M), Poland ($948k), and Estonia ($603k).

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Exporters of Yarn of wool or fine hair, >85% such fibres, retail (2021 - 2022)

Importers of Yarn of wool or fine hair, >85% such fibres, retail (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Yarn of wool or fine hair, >85% such fibres, retail.

In 2022, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Yarn of wool or fine hair, >85% such fibres, retail are explained by 17 countries.

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Value of Exports in Yarn of wool or fine hair, >85% such fibres, retail

Net Trade

TOP NET EXPORTER (2022)Italy$35.2M
TOP NET IMPORTER (2022)United States$18.7M

This map shows which countries export or import more of Yarn of wool or fine hair, >85% such fibres, retail. Each country is colored based on the difference in exports and imports of Yarn of wool or fine hair, >85% such fibres, retail during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Yarn of wool or fine hair, >85% such fibres, retail were Italy ($35.2M), Peru ($30M), China ($12.1M), Romania ($10M), and Turkey ($8.44M).

In 2022, the countries that had a largest trade value in imports than in exports of Yarn of wool or fine hair, >85% such fibres, retail were United States ($18.7M), Denmark ($16.4M), Germany ($12.1M), Sweden ($7.51M), and Finland ($7.18M).

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 wool or fine hair, >85% such fibres, retail.
It is possible to select the main countries that export or import Yarn of wool or fine hair, >85% such fibres, retail in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Yarn of wool or fine hair, >85% such fibres, 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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