Key Market Indicators
Vietnam's wool imports are set to reach $345 million by 2026. This is a 3.5% year-on-year growth compared to $281 million in 2021. Since 2005, the demand for wool in Vietnam has risen 6.4% annually. Italy, Germany, and the UK are the top three countries exporting wool to Vietnam. Vietnam's wool exports are projected to reach $6.7 million by 2026. This is a 1.1% average year-on-year growth from $6.3 million in 2021. Since 2006, the supply of wool from Vietnam has decreased by 0.1% annually. China, Italy, and Germany are the top three countries importing wool from Vietnam.
