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Steep rise in China's apparel exports to Mongolia in recent years

23 Oct '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • China remains Mongolia's largest trading partner, with bilateral trade reaching $******** billion between January and September 2023.
  • In the textile sector, China's apparel and fabric exports to Mongolia have shown significant growth in recent years.
  • Apparel exports doubled from $****.*** million in 2019 to $****.*** million in 2020 and continued to rise.

China has remained Mongolia&#**;s largest trading partner for the year to date. Bilateral trade between the two countries totalled $** billion from January to September ****. Furthermore, China continued to be Mongolia&#**;s top destination for exports and its leading supplier of imports during this period, according to the latest media reports. 

In the realm of textile trade, China&#**;s apparel exports have seen healthy growth in recent years. According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro, Fibre2Fashion&#**;s market insight tool, exports were recorded at $*.*** million in ****, doubling to $*.*** million in ****. Apparel exports from China to Mongolia further increased to $**.*** million in **** and reached $**.*** million in ****

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