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Exports In 2022, Mongolia exported $548k in Retail Wool or Animal Hair Yarn, making it the 34th largest exporter of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 92nd most exported product in Mongolia. The main destination of Retail Wool or Animal Hair Yarn exports from Mongolia are: Russia ($179k), France ($137k), Nepal ($72.5k), South Korea ($53.5k), and Japan ($52.7k).

The fastest growing export markets for Retail Wool or Animal Hair Yarn of Mongolia between 2021 and 2022 were France ($92.1k), South Korea ($29.3k), and Russia ($5.04k).

Imports In 2022, Mongolia imported $451k in Retail Wool or Animal Hair Yarn, becoming the 49th largest importer of Retail Wool or Animal Hair Yarn in the world. At the same year, Retail Wool or Animal Hair Yarn was the 579th most imported product in Mongolia. Mongolia imports Retail Wool or Animal Hair Yarn primarily from: China ($427k), Italy ($19.3k), and Turkey ($4.53k).

The fastest growing import markets in Retail Wool or Animal Hair Yarn for Mongolia between 2021 and 2022 were Italy ($19.3k) and Turkey ($3.12k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Retail Wool or 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)$548k
IMPORTS (2022)$451k
NET TRADE (2022)$97.6k

In 2022, Mongolia exported $548k in Retail Wool or Animal Hair Yarn. The main destinations of Mongolia exports on Retail Wool or Animal Hair Yarn were Russia ($179k), France ($137k), Nepal ($72.5k), South Korea ($53.5k), and Japan ($52.7k).

In 2022, Mongolia imported $451k in Retail Wool or Animal Hair Yarn, mainly from China ($427k), Italy ($19.3k), and Turkey ($4.53k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Wool or Animal Hair Yarn EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
France$92.1k (206%)
South Korea$29.3k (121%)
Russia$5.04k (2.89%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Wool or Animal Hair Yarn BY Mongolia WERE (2021 - 2022):
United States-$76.2k (-91.5%)
Japan-$43.7k (-45.3%)
Switzerland-$11.4k (-34.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Mongolia's main exporting competitors in Retail Wool or Animal Hair Yarn were:
Italy $88.1M
Peru $58.9M
Germany $35.4M
In 2022, Mongolia's main importing competitors in Retail Wool or Animal Hair Yarn were:

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Trade Value of Retail Wool or Animal Hair Yarn by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $20.4k
TOP IMPORT POTENTIALItaly+ $14.6k

Retail Wool or Animal Hair Yarn’s highest export potential is Germany. With an export gap of $20.4k.   Retail Wool or Animal Hair Yarn’s highest import potential is Italy with an import gap of $14.6k.

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