How much wool does Australia produce and export?
Australia is the 2nd largest producer of wool: 281,000 tonnes in 2024, 17% of the world's 1.7 million tonnes (FAOSTAT). It is the largest exporter by value: $1.8 billion in 2024, 62% of world exports of greasy and scoured wool (HS 5101) (CEPII BACI). Its biggest customer is China, which takes 85% of its wool exports by value.
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Australia's wool production
| World rank | Production (tonnes) | Share of world | Ten-year growth | Year |
|---|---|---|---|---|
| 2 | 281,000 tonnes | 17% | -2.2% a year | 2024 |
FAOSTAT Crops and livestock products (QCL), 2024. World total is the sum of reporting countries.
Share of world output over time
| 1990 | 2000 | 2010 | 2020 | 2024 |
|---|---|---|---|---|
| 33% | 30% | 18% | 16% | 17% |
Australia's wool exports
| World rank | Export value | Share of world exports | Quantity (tonnes) | Average value per tonne | Year |
|---|---|---|---|---|---|
| 1 | $1.8 billion | 62% | 261,829 t | $6,730 | 2024 |
CEPII BACI international trade database (HS22, V202601), HS 5101 (Wool, not carded or combed).
Where Australia's wool goes
| Destination | Value | Share of Australia's exports |
|---|---|---|
| China | $1.5B | 85% |
| India | $89M | 5% |
| Italy | $67M | 3.8% |
| Czechia | $27M | 1.5% |
| South Korea | $22M | 1.2% |
The wool price Australia sells into
The benchmark price, Wool, fine 19 micron, Australian Wool Exchange spot, was 1,595¢/kg in August 2026, up 60% over twelve months. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Wool price history.
Cite as: Commodity Origins, "Australia wool: production, exports and prices", https://commodityorigins.com/countries/AUS/wool/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.