2023
Exports
$4.81MWorld Rnk 17 / 115
Flag Rnk 29 / 494
2023
PRODUCT COMPLEXITY IN Prepared Wool or Animal Hair
-0.8Rnk 780 / 1025
2023
Imports
$38.3kWorld Rnk 83 / 145
Flag Rnk 770 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $4.81M in Prepared Wool or Animal Hair, making it the 17th largest exporter of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 29th most exported product in Mongolia. The main destination of Prepared Wool or Animal Hair exports from Mongolia are: China ($3.04M), Japan ($690k), Italy ($450k), India ($449k), and Lithuania ($103k).

The fastest growing export markets for Prepared Wool or Animal Hair of Mongolia between 2022 and 2023 were China ($2.32M), Japan ($684k), and Italy ($154k).

Imports In 2023, Mongolia imported $38.3k in Prepared Wool or Animal Hair, becoming the 83rd largest importer of Prepared Wool or Animal Hair in the world. At the same year, Prepared Wool or Animal Hair was the 770th most imported product in Mongolia. Mongolia imports Prepared Wool or Animal Hair primarily from: China ($38.2k) and Czechia ($72).

The fastest growing import markets in Prepared Wool or Animal Hair for Mongolia between 2022 and 2023 were China ($23.6k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Prepared Wool or Animal Hair. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.81M
IMPORTS (2023)$38.3k
NET TRADE (2023)$4.78M

In 2023, Mongolia exported $4.81M in Prepared Wool or Animal Hair. The main destinations of Mongolia exports on Prepared Wool or Animal Hair were China ($3.04M), Japan ($690k), Italy ($450k), India ($449k), and Lithuania ($103k).

In 2023, Mongolia imported $38.3k in Prepared Wool or Animal Hair, mainly from China ($38.2k) and Czechia ($72).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Wool or Animal Hair EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
China$2.32M (321%)
Japan$684k (11.9k%)
Italy$154k (52.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Wool or Animal Hair BY Mongolia WERE (2022 - 2023):
South Korea-$3.48M (-100%)
United Kingdom-$3.05M (-100%)
Germany-$1.08M (-93.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Mongolia's main exporting competitors in Prepared Wool or Animal Hair were:
In 2023, Mongolia's main importing competitors in Prepared Wool or Animal Hair were:

Explore Visualizations

Trade Value of Prepared Wool or Animal Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $674k
N/AN/AN/A

Prepared Wool or Animal Hair’s highest export potential is China. With an export gap of $674k.   Prepared Wool or Animal Hair’s highest import potential is N/A with an import gap of N/A.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with