Australian Wool Trade

The Australian wool trade involves the production, export, and sale of wool, primarily from sheep, which is a key industry for Australia. Farmers raise sheep to produce high-quality wool used in textiles like clothing, carpets, and upholstery. The wool is graded based on its quality and then sold through auctions or directly to manufacturers worldwide. Australia is one of the largest wool producers globally, contributing significantly to the economy. The trade is influenced by global fashion trends, seasonal factors, and economic conditions, ensuring a dynamic and vital industry for the country.