HS Code:
The 'Mixed mainly or solely with wool or fine animal hair' category (HS Code: 607) typically falls under the broader classification of textiles and textile articles, specifically related to yarn or fabrics mixed with wool or fine animal hair. This category includes products such as blended yarns or fabrics where wool or fine animal hair constitutes a significant component, often used in the production of high-quality apparel, blankets, and other textile goods. These materials are valued for their warmth, softness, and durability, making them popular in premium and luxury markets. Global trade in this category is influenced by factors such as raw material availability, labor costs, and consumer demand for sustainable and natural fibers.
Total Trade Volume
Approximately $2.5 billion USD
Data from 2022
Source
United Nations Comtrade Database and World Trade Organization (WTO) Statistics
$600 million USD
24% of total trade of total trade
Increasing
$500 million USD
20% of total trade of total trade
Stable
$300 million USD
12% of total trade of total trade
Increasing
$250 million USD
10% of total trade of total trade
Stable
$200 million USD
8% of total trade of total trade
Increasing
Average Rate
8.5%
Highest Rate
15% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-UK Trade and Cooperation Agreement)
Growing demand for sustainable and ethical textiles
Increased focus on traceable and cruelty-free wool sources, boosting markets for certified products
2021-2023
Shift towards premium and luxury apparel
Higher demand for mixed wool fabrics in high-end fashion, benefiting exporters like Italy and the UK
2020-2022
Rising production costs due to labor and raw material shortages
Potential price increases and supply chain disruptions, particularly affecting smaller exporters
2022-2023
The European Union introduced new regulations requiring detailed documentation of wool sourcing to ensure ethical treatment of animals and environmental sustainability.
January 2023
Increased compliance costs for exporters to the EU, but also potential for premium pricing for certified products.
A revised trade agreement reduced tariffs on certain textile categories, including mixed wool products, facilitating smoother trade between the two nations.
March 2022
Boosted export volumes from China to the US, stabilizing trade flows in this category.
Innovations in textile processing have improved the quality and durability of mixed wool fabrics, making them more competitive against synthetic alternatives.
September 2022
Increased market share for mixed wool products in apparel and home textiles, especially in developed markets.