Give a note on export of products of wool from Australia.
Answers
Answer:
Australian wool has a strong position in the global supply of wool used in apparel. Australia accounts for around 48 per cent of the world production of wool used in apparel and 67 per cent of world merino wool production in 2003. Australia also dominates the international trade in finer merino wool accounting for over 90 per cent of global production of merino wool of 19.5 micron and finer.
Australian wool is a premium priced textile fibre with very unique natural aesthetic characteristics and functional fibre properties such as fineness, softness, elasticity, fluidity, strength and resilience, breathability and thermal insulation. As such, the fibre is used mostly in high retail value textile applications, such as quality woven apparel and knitwear, and in premium bedding and other
interior textile products to a much lesser extent
Explanation:
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