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Mongolia is the world's second largest producer of cashmere, with the main company, Gobi Cashmere, accounting for 21% of world cashmere production as of 2006. [ 25 ] Total export in 2019 was US$7.6 billion.
The grey economy is estimated to be at least one-third the size of the official economy. [1] As of 2006, 68.4% of Mongolia's exports went to the PRC, and the PRC supplied 29.8% of Mongolia's imports. [2] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Mongolia".
World map by net trade in goods (current US$), 2023, according to World Bank. This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1]
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
It includes information on the top exporting countries for various product categories and shows the market leaders in different export markets. The individual product categories are based on a bundling of products related in type or production method ( Harmonized System ).
One of Mongolia's main exports is extremely soft wool, which is combed from the undercoat of goats that flourish in its plains, mountains, and forests. Other top exports include minerals like copper and gold. [7] In 2012, the mineral boom in Mongolia drove up the cost of Gobi's production. [8]
The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]
Merchandise exports are goods that are produced in one country and sold to another country. Only physical objects are counting under this kind of exports. For example, cars, clothing, machinery, and agricultural products are merchandise exports. Exports of services are excluded.