2022
Exports
$5.71MWorld Rnk 118 / 224
Flag Rnk 11 / 21
2022
PRODUCT COMPLEXITY IN Animal Hides
-0.063Rnk 569 / 1025
2022
Imports
$12.6MWorld Rnk 139 / 225
Flag Rnk 19 / 21
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $5.71M in Animal Hides, making it the 118th largest exporter of Animal Hides in the world. At the same year, Animal Hides was the 11th most exported product in Mongolia. The main destination of Animal Hides exports from Mongolia are: Turkey ($1.65M), China ($1.56M), Italy ($976k), Russia ($571k), and Japan ($426k).

The fastest growing export markets for Animal Hides of Mongolia between 2021 and 2022 were Turkey ($1.11M), Italy ($602k), and Russia ($570k).

Imports In 2022, Mongolia imported $12.6M in Animal Hides, becoming the 139th largest importer of Animal Hides in the world. At the same year, Animal Hides was the 19th most imported product in Mongolia. Mongolia imports Animal Hides primarily from: N/A.

The fastest growing import markets in Animal Hides for Mongolia between 2021 and 2022 were China ($1.91M), Netherlands ($1.65M), and Italy ($521k).

Latest Trends

Jul 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 Hides. 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)$5.71M
IMPORTS (2022)$12.6M
NET TRADE (2022)-$6.9M

In 2022, Mongolia exported $5.71M in Animal Hides. The main destinations of Mongolia exports on Animal Hides were Turkey ($1.65M), China ($1.56M), Italy ($976k), Russia ($571k), and Japan ($426k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hides EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Turkey$1.11M (206%)
Italy$602k (161%)
Russia$570k (102k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hides BY Mongolia WERE (2021 - 2022):
China-$1.94M (-55.4%)
Thailand-$442k (-99.6%)
Japan-$370k (-46.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Animal Hides were:
China $38.9B
Italy $15.1B
France $13.1B
In 2022, Mongolia's main importing competitors in Animal Hides were:

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Trade Value of Animal Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $472k
TOP IMPORT POTENTIALChina+ $4.53M

Animal Hides’s highest export potential is China. With an export gap of $472k.   Animal Hides’s highest import potential is China with an import gap of $4.53M.

See methodology.

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