2022
Exports
$430MWorld Rnk 1 / 87
Flag Rnk 4 / 652
falsefalse China
2022
PRODUCT COMPLEXITY IN Animal Hair
-2.14Rnk 1005 / 1025
2022
Imports
$247kWorld Rnk 35 / 102
Flag Rnk 680 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $430M in Animal Hair, making it the 1st largest exporter of Animal Hair in the world. At the same year, Animal Hair was the 4th most exported product in Mongolia. The main destination of Animal Hair exports from Mongolia are: China ($350M), Italy ($70.2M), United Kingdom ($6.3M), France ($1.68M), and Germany ($970k).

The fastest growing export markets for Animal Hair of Mongolia between 2021 and 2022 were China ($65.8M), Italy ($35.8M), and United Kingdom ($3.27M).

Imports In 2022, Mongolia imported $247k in Animal Hair, becoming the 35th largest importer of Animal Hair in the world. At the same year, Animal Hair was the 680th most imported product in Mongolia. Mongolia imports Animal Hair primarily from: China ($210k), Kazakhstan ($21.3k), and Russia ($15.9k).

Latest Trends

Oct 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 (2022)$430M
IMPORTS (2022)$247k
NET TRADE (2022)$429M

In 2022, Mongolia exported $430M in Animal Hair. The main destinations of Mongolia exports on Animal Hair were China ($350M), Italy ($70.2M), United Kingdom ($6.3M), France ($1.68M), and Germany ($970k).

In 2022, Mongolia imported $247k in Animal Hair, mainly from China ($210k), Kazakhstan ($21.3k), and Russia ($15.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hair EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
China$65.8M (23.2%)
Italy$35.8M (104%)
United Kingdom$3.27M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hair BY Mongolia WERE (2021 - 2022):
South Korea-$1.83M (-100%)
India-$109k (-63.8%)
United States-$870 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Animal Hair were:
In 2022, 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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