2023
Exports
$561kWorld Rnk 15 / 73
Flag Rnk 78 / 494
2023
PRODUCT COMPLEXITY IN Non-Retail Animal Hair Yarn
-0.3Rnk 645 / 1025
2023
Imports
$2.37MWorld Rnk 31 / 117
Flag Rnk 294 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $561k in Non-Retail Animal Hair Yarn, making it the 15th largest exporter of Non-Retail Animal Hair Yarn in the world. At the same year, Non-Retail Animal Hair Yarn was the 78th most exported product in Mongolia. The main destination of Non-Retail Animal Hair Yarn exports from Mongolia are: Japan ($222k), France ($174k), Hong Kong ($94.9k), Switzerland ($33.1k), and Italy ($23.4k).

The fastest growing export markets for Non-Retail Animal Hair Yarn of Mongolia between 2022 and 2023 were Japan ($137k), Hong Kong ($94.9k), and France ($87.8k).

Imports In 2023, Mongolia imported $2.37M in Non-Retail Animal Hair Yarn, becoming the 31st largest importer of Non-Retail Animal Hair Yarn in the world. At the same year, Non-Retail Animal Hair Yarn was the 294th most imported product in Mongolia. Mongolia imports Non-Retail Animal Hair Yarn primarily from: Italy ($1.34M), China ($1.03M), and Japan ($6.89k).

The fastest growing import markets in Non-Retail Animal Hair Yarn for Mongolia between 2022 and 2023 were Italy ($584k) and China ($231k).

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 Non-Retail Animal Hair Yarn. 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)$561k
IMPORTS (2023)$2.37M
NET TRADE (2023)-$1.81M

In 2023, Mongolia exported $561k in Non-Retail Animal Hair Yarn. The main destinations of Mongolia exports on Non-Retail Animal Hair Yarn were Japan ($222k), France ($174k), Hong Kong ($94.9k), Switzerland ($33.1k), and Italy ($23.4k).

In 2023, Mongolia imported $2.37M in Non-Retail Animal Hair Yarn, mainly from Italy ($1.34M), China ($1.03M), and Japan ($6.89k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Animal Hair Yarn EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Japan$137k (161%)
Hong Kong$94.9k (1%)
France$87.8k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Animal Hair Yarn BY Mongolia WERE (2022 - 2023):
Russia-$231k (-100%)
Nepal-$63.9k (-100%)
South Korea-$54.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Non-Retail Animal Hair Yarn were:
In 2023, Mongolia's main importing competitors in Non-Retail Animal Hair Yarn were:
Italy $56.8M
China $39.4M

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Trade Value of Non-Retail Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $28.2k
TOP IMPORT POTENTIALChina+ $177k

Non-Retail Animal Hair Yarn’s highest export potential is South Korea. With an export gap of $28.2k.   Non-Retail Animal Hair Yarn’s highest import potential is China with an import gap of $177k.

See methodology.

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