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Who buys Australia’s wool? Export destinations 2024

In 2024, Australia exported $1.8 billion of wool (279 thousand tonnes), 63.4% of the world total. China bought 85% of the total, followed by India (5%) and Italy (4%). Australia was the world’s largest exporter of wool.

Summary

Value
$1.8billion
Tonnes
279thousand tonnes
Share of world total
63.4%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
China1.6Tonnes: 240,037USD per tonne: $6,51185.4%Sea
India0.09Tonnes: 12,968USD per tonne: $6,8354.8%Sea
Italy0.07Tonnes: 7,203USD per tonne: $9,5963.8%Sea
Czechia0.03Tonnes: 7,028USD per tonne: $3,7301.4%Sea
South Korea0.02Tonnes: 2,979USD per tonne: $7,3141.2%Sea
Thailand0.02Tonnes: 1,640USD per tonne: $9,5470.86%Sea
Egypt0.01Tonnes: 1,426USD per tonne: $7,3310.57%Sea
Bulgaria0.01Tonnes: 1,737USD per tonne: $4,0750.39%Sea
United Kingdom0.01Tonnes: 726USD per tonne: $7,4800.3%Sea
United Arab Emirates0.01Tonnes: 545USD per tonne: $9,6640.29%Sea
Japan< 0.01Tonnes: 560USD per tonne: $8,3990.26%Sea
Turkey< 0.01Tonnes: 285USD per tonne: $7,7490.12%Sea
Germany< 0.01Tonnes: 453USD per tonne: $4,6920.12%Sea
Mauritius< 0.01Tonnes: 196USD per tonne: $7,6300.08%Sea
United States< 0.01Tonnes: 203USD per tonne: $7,0670.08%Sea
Mexico< 0.01Tonnes: 180USD per tonne: $6,6590.07%Sea
South Africa< 0.01Tonnes: 142USD per tonne: $8,1510.06%Sea
Spain< 0.01Tonnes: 174USD per tonne: $4,5300.04%Sea
Ireland< 0.01Tonnes: 54USD per tonne: $11,4900.03%Sea
Uruguay< 0.01Tonnes: 123USD per tonne: $4,6940.03%Sea

Trend

Who it sells to

China has been its main destination since 1999

Value in USD billions. The five largest destinations in 2024.

  • China 1.6
  • India 0.09
  • Italy 0.07
  • Czechia 0.03
  • South Korea 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
China0.341.6
India0.040.09
Italy0.410.07
Czechia0.020.03
South Korea0.20.02

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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