Wool in Mongolia | The Observatory of Economic Complexity

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Exports In 2022, Mongolia exported $16.6M in Wool, making it the 13th largest exporter of Wool in the world. At the same year, Wool was the 19th most exported product in Mongolia. The main destination of Wool exports from Mongolia are: China ($16.3M), India ($334k), Russia ($15.3k), Kyrgyzstan ($478), and France ($43).

The fastest growing export markets for Wool of Mongolia between 2021 and 2022 were China ($10.9M), India ($334k), and Kyrgyzstan ($478).

Imports In 2022, Mongolia imported $481k in Wool, becoming the 51st largest importer of Wool in the world. At the same year, Wool was the 563rd most imported product in Mongolia. Mongolia imports Wool primarily from: New Zealand ($376k), China ($95.4k), Kazakhstan ($8.46k), and Australia ($549).

The fastest growing import markets in Wool for Mongolia between 2021 and 2022 were China ($32.9k) and Australia ($549).

Latest Trends

Sep 2024

Subnational Monthly Trade

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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 Wool. 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

Trade Value

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Growth (%)

Year

EXPORTS (2022)$16.6M

IMPORTS (2022)$481k

NET TRADE (2022)$16.2M

In 2022, Mongolia exported $16.6M in Wool. The main destinations of Mongolia exports on Wool were China ($16.3M), India ($334k), Russia ($15.3k), Kyrgyzstan ($478), and France ($43).

In 2022, Mongolia imported $481k in Wool, mainly from New Zealand ($376k), China ($95.4k), Kazakhstan ($8.46k), and Australia ($549).

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