Mongolia exports USD 300 million worth cashmere each year

Economy
en_amarsaikhan@montsame.mn
2016-09-14 14:52:58

Ulaanbaatar /MONTSAME/ Mongolia exported cashmere worth USD 20.4 million, so far this year. The largest part of combed cashmere (76%) was exported to Italy, 10.7% to the UK and 8.1% to China.

The Agricultural Exchange has traded some 57 thousand tons of cashmere worth over three billion MNT. As of today (September 14), a kilogram of unprocessed dark cashmere costs MNT 51,400 and a kg of processed light cashmere costs MNT 63,700. The Agricultural Exchange is purchasing a kg of camel wool by MNT 7,000 and sheep wool by MNT 2,220.

Mongolia exports on average USD 300 million worth cashmere and cashmere products  per year. 

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