2023
Exports
$990kWorld Rnk 36 / 124
Flag Rnk 59 / 494
falsefalse Japan
2023
PRODUCT COMPLEXITY IN Carded Wool or Animal Hair Fabric
0.59Rnk 332 / 1025
2023
Imports
$33kWorld Rnk 119 / 162
Flag Rnk 787 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $990k in Carded Wool or Animal Hair Fabric, making it the 36th largest exporter of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 59th most exported product in Mongolia. The main destination of Carded Wool or Animal Hair Fabric exports from Mongolia are: Japan ($532k), China ($427k), Italy ($16.3k), United Kingdom ($12.3k), and Switzerland ($1.66k).

The fastest growing export markets for Carded Wool or Animal Hair Fabric of Mongolia between 2022 and 2023 were China ($427k), Japan ($112k), and United Kingdom ($12.3k).

Imports In 2023, Mongolia imported $33k in Carded Wool or Animal Hair Fabric, becoming the 119th largest importer of Carded Wool or Animal Hair Fabric in the world. At the same year, Carded Wool or Animal Hair Fabric was the 787th most imported product in Mongolia. Mongolia imports Carded Wool or Animal Hair Fabric primarily from: China ($26.2k) and Japan ($6.81k).

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 Carded Wool or Animal Hair Fabric. 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)$990k
IMPORTS (2023)$33k
NET TRADE (2023)$957k

In 2023, Mongolia exported $990k in Carded Wool or Animal Hair Fabric. The main destinations of Mongolia exports on Carded Wool or Animal Hair Fabric were Japan ($532k), China ($427k), Italy ($16.3k), United Kingdom ($12.3k), and Switzerland ($1.66k).

In 2023, Mongolia imported $33k in Carded Wool or Animal Hair Fabric, mainly from China ($26.2k) and Japan ($6.81k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carded Wool or Animal Hair Fabric EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
China$427k (301k%)
Japan$112k (26.8%)
United Kingdom$12.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carded Wool or Animal Hair Fabric BY Mongolia WERE (2022 - 2023):
Turkey-$40.7k (-100%)
Italy-$28.2k (-63.4%)
Portugal-$8.12k (-87.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Carded Wool or Animal Hair Fabric were:
In 2023, Mongolia's main importing competitors in Carded Wool or Animal Hair Fabric were:
France $80.9M
China $72.8M
Spain $62.1M

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Trade Value of Carded Wool or Animal Hair Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $25.1k
TOP IMPORT POTENTIALChina+ $73.4k

Carded Wool or Animal Hair Fabric’s highest export potential is Turkey. With an export gap of $25.1k.   Carded Wool or Animal Hair Fabric’s highest import potential is China with an import gap of $73.4k.

See methodology.

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