Italy is biggest export market of Mongolian combed cashmere

Oyundelger 2016-12-04 07:12

Economy

During the first nine months of this year, no less than 74% of the total volume of 389.4 tons of Mongolian combed cashmere was exported to Italy.

Italy is biggest export market of Mongolian combed cashmere followed by the UK and China. During the first nine months of this year, no less than 74% of the total volume of 389.4 tons of Mongolian combed cashmere was exported to Italy. The value of combed cashmere production for 2016 was USD 26 million, which is down on last year. Mongolia is one of the world’s largest producers of cashmere. The quality of Mongolian cashmere is excellent, and its price is very competitive compared to that of other producing countries. Mongolia may be far away from the luxury fabric’s main consumers, such as the wealthy of Milan and Paris, but the world’s fashion industry is becoming increasingly interested in the wool of our goats.