Market research

Potato market in Mongolia

Potato market in Mongolia

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

The potato market in Mongolia experienced strong growth from 2018 to 2020, with volume increasing from 171.8 thousand tonnes to 244.3 thousand tonnes. This represented a rise of 12% in 2019 and a further 27% surge in 2020, adding over 70 thousand tonnes to the market within two years.

After the 2020 peak, the market contracted sharply by 25% in 2021 to 182.7 thousand tonnes. It rebounded partially in 2022 with a 17% increase to 214.4 thousand tonnes, but then fell again by 15% in 2023, returning to a level similar to 2018 at 181.5 thousand tonnes.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2023
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2023
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Mongolia
      1. 5.1.1. Annual dynamics of production in Mongolia in kind, 2018-2023, K t
      2. 5.1.2. Annual dynamics of production in Mongolia in value, 2018-2023, $ US
    2. 5.2. Global production by Country, 2018-2023
      1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
      2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
      3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
      4. 5.2.4. Structure of production by countries in kind, 2018-2023
      5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
  6. 6. Imports
    1. 6.1. Imports (Direct Data*)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
  7. 7. Exports
    1. 7.1. Exports (Direct Data*)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production potato in Mongolia

In kind, 2017-2020, K t

Top producers of potato, 2017-2020

Source: SHEV.io

World map of production of potato, 2017-2020

Source: SHEV.io

Mongolia's potato production has grown for the third year in a row. In 2020, the country produced 244.3 thousand tons of potatoes, which represents a 27.1% increase from 2019. Over the 2017-2020 period, production more than doubled, rising by 100.5% with an average annual growth rate of 26.1%.

Annual dynamics of production in Mongolia in kind, 2017-2020, K t

Parameter201820192020CAGR
1Change from last year38.6%13.8%27.1%26.1%
Source: SHEV.io

Exports potato from Mongolia

Exports in kind, t

Annual dynamics of product's exports from Mongolia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

From 2017 to 2020, Russia was consistently the dominant and nearly exclusive destination for Mongolia's potato exports in physical terms, accounting for 100.0% of the total.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Mongolia in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Annual dynamics of product's exports from Mongolia in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

During the 2017-2020 period, Mongolia's potato exports in value terms were almost entirely directed to Russia, which represented 100.0% of the total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Mongolia in value, 2017-2020

Source: SHEV.io

Imports potato to Mongolia

Imports in kind, t

The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2020 at 9 tons, which is 97.7% lower than the previous year. The peak was recorded in 2018 at 2 892 tons, representing a 325-fold difference between these years. The largest annual increase occurred in 2018, when imports surged by 555.1%.

Annual dynamics of product's imports to Mongolia in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year555.1%(86.7%)(97.7%)(72.8%)
Source: SHEV.io

Between 2017 and 2020, China and Russia together accounted for 95.1% of Mongolia's potato imports in physical terms, with the remaining volume distributed among smaller markets.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Mongolia in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period. The lowest import value was recorded in 2020 at 2.0 thousand US dollars, marking a sharp decline of 97.4% from the previous year. The highest value was in 2018 at 568.1 thousand US dollars, creating a 278-fold gap between these years. The largest annual increase occurred in 2018, with imports growing by 417.1%.

Annual dynamics of product's imports to Mongolia in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year417.1%(86.0%)(97.4%)(73.5%)
Source: SHEV.io

From 2017 to 2020, Mongolia's potato imports in value terms were primarily directed toward China and Russia, which together made up 82.0% of the total import value, while other destinations played a secondary role.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Mongolia in value, 2017-2020

Source: SHEV.io

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