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Top Human Hair Exporters by Country
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Raw human hair has significant commercial value. In some countries, criminals have made hair-theft muggings a recurrent problem.To get more news about human hair wigs, you can visit monavirginhair.com official website.
Natural human hair is also a valued commodity in international trade, processed by businesses into hair extensions and wigs.
Globally, international sales of exported human hair (excluding hair extensions and wigs) totaled US$179.1 million in 2021. That dollar amount reflects a 115.5% increase from $83.1 million in hair exports during 2017.
Year over year, globally exported human hair accelerated by 126.2% from $79.2 million during 2020.Among continents, Asia sold the highest dollar worth of exported human hair during 2021 with shipments valued at $174.9 million or 97.7% of the worldwide total.
Tinier percentages came from sellers in Latin America (1.2%), North America (0.52%), Europe (0.51%), Australia in Oceania (0.08%), then Africa (0.05%).
For research purposes, the 4-digit Harmonized Tariff System code prefix is 0501 for human hair. The formal prefix code label for 0501 is unworked human hair whether or not washed or scoured and the waste of human hair.Among the top exporters, the fastest-growing human hair exporters from 2020 to 2021 were: Netherlands (up 10,150%), Taiwan (also up 10,150%), Vietnam (up 2,431%) and India (up 1,057%).
Five countries posted declines in their exported human hair sales: Hong Kong (down -90.9%), Thailand (down -64.6%), Australia (down -37.9%), Indonesia (down -27.8%) and Pakistan (down -5.8%).The following countries posted the highest positive net exports for human hair during 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported human hair and its import purchases for that same commodity.
The following countries posted the highest negative net exports for human hair during 2021. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported human hair purchases and its exports for that same commodity.
Myanmar and Indonesia incurred the highest deficits in the international trade of human hair. In turn, the negative cashflows highlight both countries’ competitive disadvantages for this specific product category but also signals opportunities for human hair-supplying countries that help satisfy the powerful consumer demand.
Listed below are the average unit prices per ton for the top 10 leading exporters of human hair in 2021. The list is sorted in descending order starting with the international suppliers shipping the highest total value of exported human hair.