Mongolia's combed cashmere exports increase by 4.6 times in 10 months

ULAN BATOR, Nov. 13 (Xinhua) -- Mongolia has exported 2,976 tons of combed cashmere worth 244.1 million U.S. dollars in the first ten months of 2025, according to official data released by the National Statistics Office (NSO) on Thursday.

The figure increased by 4.6 times in physical volume compared to the same period last year, the data showed.

Under the national campaign "White Gold," initiated by President Ukhnaa Khurelsukh and implemented by the Mongolian government, a total of 198 billion tugriks (57.5 million U.S. dollars) is planned to be invested to increase the capacity of cashmere processing plants in the country.

As a result, by 2028, it is planned to increase the primary processing of cashmere in the domestic market to 100 percent, and the deep processing of cashmere to 40 percent.

According to the Ministry of Food, Agriculture and Light Industry of Mongolia, the country's cashmere export revenues are forecasted to reach approximately 700 million dollars.

Currently, there are about 50 enterprises operating in Mongolia with an installed capacity to process 119,000 tons of combed cashmere. Enditem