2022
Exports
$599kWorld Rnk 15 / 70
Flag Rnk 87 / 652
2022
PRODUCT COMPLEXITY IN Non-Retail Animal Hair Yarn
-0.28Rnk 639 / 1025
2022
Imports
$1.49MWorld Rnk 38 / 117
Flag Rnk 383 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $599k 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 87th most exported product in Mongolia. The main destination of Non-Retail Animal Hair Yarn exports from Mongolia are: Russia ($231k), France ($113k), Nepal ($77.8k), Japan ($58k), and South Korea ($54.9k).

The fastest growing export markets for Non-Retail Animal Hair Yarn of Mongolia between 2021 and 2022 were Russia ($108k), Nepal ($54.7k), and Switzerland ($38.3k).

Imports In 2022, Mongolia imported $1.49M in Non-Retail Animal Hair Yarn, becoming the 38th largest importer of Non-Retail Animal Hair Yarn in the world. At the same year, Non-Retail Animal Hair Yarn was the 383rd most imported product in Mongolia. Mongolia imports Non-Retail Animal Hair Yarn primarily from: Italy ($914k), China ($549k), Japan ($15.8k), Angola ($7.62k), and United Kingdom ($5.43k).

The fastest growing import markets in Non-Retail Animal Hair Yarn for Mongolia between 2021 and 2022 were China ($427k), Japan ($15.8k), and Angola ($2.18k).

Latest Trends

Sep 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 (2022)$599k
IMPORTS (2022)$1.49M
NET TRADE (2022)-$892k

In 2022, Mongolia exported $599k in Non-Retail Animal Hair Yarn. The main destinations of Mongolia exports on Non-Retail Animal Hair Yarn were Russia ($231k), France ($113k), Nepal ($77.8k), Japan ($58k), and South Korea ($54.9k).

In 2022, Mongolia imported $1.49M in Non-Retail Animal Hair Yarn, mainly from Italy ($914k), China ($549k), Japan ($15.8k), Angola ($7.62k), and United Kingdom ($5.43k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Animal Hair Yarn EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$108k (87.9%)
Nepal$54.7k (236%)
Switzerland$38.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Animal Hair Yarn BY Mongolia WERE (2021 - 2022):
South Korea-$106k (-66%)
United States-$20.8k (-100%)
Japan-$19.2k (-24.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Non-Retail Animal Hair Yarn were:
In 2022, Mongolia's main importing competitors in Non-Retail Animal Hair Yarn were:

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Trade Value of Non-Retail Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

Flow
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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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