2022
Exports
$4.86MWorld Rnk 102 / 178
Flag Rnk 21 / 92
2022
PRODUCT COMPLEXITY IN Raw hides & skin (non-fur)
-0.66Rnk 745 / 1025
2022
Imports
$1.21MWorld Rnk 105 / 200
Flag Rnk 79 / 96
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.86M in Raw hides & skin (non-fur), making it the 102nd largest exporter of Raw hides & skin (non-fur) in the world. At the same year, Raw hides & skin (non-fur) was the 21st most exported product in Mongolia. The main destination of Raw hides & skin (non-fur) exports from Mongolia are: Turkey ($1.65M), China ($1.55M), Italy ($975k), Russia ($565k), and Germany ($56.6k).

The fastest growing export markets for Raw hides & skin (non-fur) of Mongolia between 2021 and 2022 were Turkey ($1.11M), Italy ($607k), and Russia ($565k).

Imports In 2022, Mongolia imported $1.21M in Raw hides & skin (non-fur), becoming the 105th largest importer of Raw hides & skin (non-fur) in the world. At the same year, Raw hides & skin (non-fur) was the 79th most imported product in Mongolia. Mongolia imports Raw hides & skin (non-fur) primarily from: Russia ($826k), Brazil ($74.1k), Italy ($56k), Zimbabwe ($55.7k), and Argentina ($45.2k).

The fastest growing import markets in Raw hides & skin (non-fur) for Mongolia between 2021 and 2022 were Zimbabwe ($55.7k), Poland ($21.6k), and Lithuania ($13.9k).

Latest Trends

Jul 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 Raw hides & skin (non-fur). 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)$4.86M
IMPORTS (2022)$1.21M
NET TRADE (2022)$3.66M

In 2022, Mongolia exported $4.86M in Raw hides & skin (non-fur). The main destinations of Mongolia exports on Raw hides & skin (non-fur) were Turkey ($1.65M), China ($1.55M), Italy ($975k), Russia ($565k), and Germany ($56.6k).

In 2022, Mongolia imported $1.21M in Raw hides & skin (non-fur), mainly from Russia ($826k), Brazil ($74.1k), Italy ($56k), Zimbabwe ($55.7k), and Argentina ($45.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw hides & skin (non-fur) EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Turkey$1.11M (206%)
Italy$607k (165%)
Russia$565k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw hides & skin (non-fur) BY Mongolia WERE (2021 - 2022):
China-$1.9M (-55.1%)
Thailand-$444k (-100%)
Spain-$388k (-99.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Raw hides & skin (non-fur) were:
In 2022, Mongolia's main importing competitors in Raw hides & skin (non-fur) were:
China $2.76B
Italy $2.37B
Vietnam $1.54B

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Trade Value of Raw hides & skin (non-fur) by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $426k
TOP IMPORT POTENTIALChina+ $102k

Raw hides & skin (non-fur)’s highest export potential is China. With an export gap of $426k.   Raw hides & skin (non-fur)’s highest import potential is China with an import gap of $102k.

See methodology.

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