2022
Exports
$62.4MWorld Rnk 124 / 226
Flag Rnk 6 / 21
2022
PRODUCT COMPLEXITY IN Animal Products
0.68Rnk 284 / 1025
2022
Imports
$140MWorld Rnk 131 / 226
Flag Rnk 11 / 21
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $62.4M in Animal Products, making it the 124th largest exporter of Animal Products in the world. At the same year, Animal Products was the 6th most exported product in Mongolia. The main destination of Animal Products exports from Mongolia are: China ($12.8M), Iran ($7.29M), Kazakhstan ($7.04M), Hong Kong ($4.55M), and Russia ($4.07M).

The fastest growing export markets for Animal Products of Mongolia between 2021 and 2022 were Kazakhstan ($6.88M), Iran ($4.69M), and Russia ($4.05M).

Imports In 2022, Mongolia imported $140M in Animal Products, becoming the 131st largest importer of Animal Products in the world. At the same year, Animal Products was the 11th most imported product in Mongolia. Mongolia imports Animal Products primarily from: Russia ($48.9M), China ($39.3M), Belarus ($13.9M), Poland ($7.37M), and Kazakhstan ($6.31M).

The fastest growing import markets in Animal Products for Mongolia between 2021 and 2022 were China ($13.9M), Russia ($7.02M), and Belarus ($1.8M).

Latest Trends

Jul 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 Animal Products. 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 (2022)$62.4M
IMPORTS (2022)$140M
NET TRADE (2022)-$77.7M

In 2022, Mongolia exported $62.4M in Animal Products. The main destinations of Mongolia exports on Animal Products were China ($12.8M), Iran ($7.29M), Kazakhstan ($7.04M), Hong Kong ($4.55M), and Russia ($4.07M).

In 2022, Mongolia imported $140M in Animal Products, mainly from Russia ($48.9M), China ($39.3M), Belarus ($13.9M), Poland ($7.37M), and Kazakhstan ($6.31M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Products EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Kazakhstan$6.88M (4.29k%)
Iran$4.69M (180%)
Russia$4.05M (18.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Products BY Mongolia WERE (2021 - 2022):
China-$2.37M (-15.6%)
Japan-$1.62M (-37.1%)
Turkey-$675k (-82.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mongolia's main exporting competitors in Animal Products were:
In 2022, Mongolia's main importing competitors in Animal Products were:

Explore Visualizations

Trade Value of Animal Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.04M
TOP IMPORT POTENTIALGermany+ $1.08M

Animal Products’s highest export potential is Japan. With an export gap of $1.04M.   Animal Products’s highest import potential is Germany with an import gap of $1.08M.

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