Global Wool Trade

The global wool trade involves the buying, selling, and transportation of wool fibers between countries. Wool is produced mainly in nations like Australia, New Zealand, and China, then exported worldwide. Countries and companies buy wool for manufacturing textiles, clothing, and other products. The trade is influenced by factors such as sheep farming regions, market demand, fashion trends, and international regulations. Fluctuations in wool prices can impact producers and buyers globally. Overall, the global wool trade connects sheep farmers to textile industries everywhere, supporting economies and the supply of wool-based products worldwide.