2022
Exports
$13.7MWorld Rnk 30 / 117
Flag Rnk 22 / 652
2022
PRODUCT COMPLEXITY IN Sheep and Goat Meat
-1.65Rnk 965 / 1025
2022
Imports
$75.7kWorld Rnk 169 / 215
Flag Rnk 820 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $13.7M in Sheep and Goat Meat, making it the 30th largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 22nd most exported product in Mongolia. The main destination of Sheep and Goat Meat exports from Mongolia are: Iran ($7.28M), Hong Kong ($4.06M), Uzbekistan ($2.28M), United Arab Emirates ($72.8k), and Azerbaijan ($5.84k).

The fastest growing export markets for Sheep and Goat Meat of Mongolia between 2021 and 2022 were Iran ($4.68M), Uzbekistan ($2.28M), and Hong Kong ($1.95M).

Imports In 2022, Mongolia imported $75.7k in Sheep and Goat Meat, becoming the 169th largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 820th most imported product in Mongolia. Mongolia imports Sheep and Goat Meat primarily from: United Arab Emirates ($75.2k) and Brazil ($572).

The fastest growing import markets in Sheep and Goat Meat for Mongolia between N/A and 2022 were United Arab Emirates ($75.2k) and Brazil ($572).

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 Sheep and Goat Meat. 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)$13.7M
IMPORTS (2022)$75.7k
NET TRADE (2022)$13.6M

In 2022, Mongolia exported $13.7M in Sheep and Goat Meat. The main destinations of Mongolia exports on Sheep and Goat Meat were Iran ($7.28M), Hong Kong ($4.06M), Uzbekistan ($2.28M), United Arab Emirates ($72.8k), and Azerbaijan ($5.84k).

In 2022, Mongolia imported $75.7k in Sheep and Goat Meat, mainly from United Arab Emirates ($75.2k) and Brazil ($572).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Iran$4.68M (180%)
Uzbekistan$2.28M (1%)
Hong Kong$1.95M (92.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY Mongolia WERE (2021 - 2022):
Vietnam-$388k (-100%)
China-$268k (-100%)
Bahrain-$160 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Sheep and Goat Meat were:
In 2022, Mongolia's main importing competitors in Sheep and Goat Meat were:

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Trade Value of Sheep and Goat Meat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $127k
TOP IMPORT POTENTIALAustralia+ $980

Sheep and Goat Meat’s highest export potential is United Arab Emirates. With an export gap of $127k.   Sheep and Goat Meat’s highest import potential is Australia with an import gap of $980.

See methodology.

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