2023
Exports
$277MWorld Rnk 2 / 79
Flag Rnk 6 / 494
2023
PRODUCT COMPLEXITY IN Animal Hair
-2.03Rnk 1002 / 1025
2023
Imports
$2.17MWorld Rnk 14 / 98
Flag Rnk 304 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $277M in Animal Hair, making it the 2nd largest exporter of Animal Hair in the world. At the same year, Animal Hair was the 6th most exported product in Mongolia. The main destination of Animal Hair exports from Mongolia are: China ($200M), Italy ($67.1M), United Kingdom ($7.13M), France ($1.87M), and Lithuania ($444k).

The fastest growing export markets for Animal Hair of Mongolia between 2022 and 2023 were United Kingdom ($826k), France ($190k), and Pakistan ($11.3k).

Imports In 2023, Mongolia imported $2.17M in Animal Hair, becoming the 14th largest importer of Animal Hair in the world. At the same year, Animal Hair was the 304th most imported product in Mongolia. Mongolia imports Animal Hair primarily from: China ($2.13M) and United States ($40.9k).

The fastest growing import markets in Animal Hair for Mongolia between 2022 and 2023 were China ($1.92M) and United States ($40.9k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Hair. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$277M
IMPORTS (2023)$2.17M
NET TRADE (2023)$275M

In 2023, Mongolia exported $277M in Animal Hair. The main destinations of Mongolia exports on Animal Hair were China ($200M), Italy ($67.1M), United Kingdom ($7.13M), France ($1.87M), and Lithuania ($444k).

In 2023, Mongolia imported $2.17M in Animal Hair, mainly from China ($2.13M) and United States ($40.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Hair EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
United Kingdom$826k (13.1%)
France$190k (11.3%)
Pakistan$11.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hair BY Mongolia WERE (2022 - 2023):
China-$155M (-43.6%)
Italy-$3.02M (-4.31%)
Germany-$1.68M (-86.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Animal Hair were:
China $373M
Lesotho $9.53M
In 2023, Mongolia's main importing competitors in Animal Hair were:

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Trade Value of Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $571k
TOP IMPORT POTENTIALRussia+ $691

Animal Hair’s highest export potential is India. With an export gap of $571k.   Animal Hair’s highest import potential is Russia with an import gap of $691.

See methodology.

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