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Trade Barriers and Opportunities for Mongolian Mutton Export
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Mongolia has sizable pastures, and Mongolian people have a history and traditional culture of herding. As they have a large population of sheep and goats, therefore, they have substantial potential to become a leading exporter of mutton. In this article, the authors have tried to explore the trade barriers faced by Mongolian mutton exports and the opportunities they can have in the global market. The common challenges faced by Mongolia include high tariffs and import duties, complex trade regulations, insufficient infrastructure, and logistical problems. These obstacles hold back the expansion of Mongolian mutton exports, specifically when in comparison with established competitors like New Zealand and Australia. Despite these hurdles, there are numerous opportunities in global markets, particularly in the Middle East, Southeast Asia, and China. The increasing demand for halal and organic mutton, along with the increasing demand for meat in emerging economies, presents significant opportunities for Mongolia. To take advantage of these opportunities, Mongolia must solve infrastructural and standard requirement challenges, invest in logistics improvements, and place its mutton as a premium product. By taking advantage of its unique pastoral practices, improving certification processes, and adopting strategic trade agreements, Mongolia can improve its share in the international mutton market.
Nan Yang Academy of Sciences Pte Ltd
Title: Trade Barriers and Opportunities for Mongolian Mutton Export
Description:
Mongolia has sizable pastures, and Mongolian people have a history and traditional culture of herding.
As they have a large population of sheep and goats, therefore, they have substantial potential to become a leading exporter of mutton.
In this article, the authors have tried to explore the trade barriers faced by Mongolian mutton exports and the opportunities they can have in the global market.
The common challenges faced by Mongolia include high tariffs and import duties, complex trade regulations, insufficient infrastructure, and logistical problems.
These obstacles hold back the expansion of Mongolian mutton exports, specifically when in comparison with established competitors like New Zealand and Australia.
Despite these hurdles, there are numerous opportunities in global markets, particularly in the Middle East, Southeast Asia, and China.
The increasing demand for halal and organic mutton, along with the increasing demand for meat in emerging economies, presents significant opportunities for Mongolia.
To take advantage of these opportunities, Mongolia must solve infrastructural and standard requirement challenges, invest in logistics improvements, and place its mutton as a premium product.
By taking advantage of its unique pastoral practices, improving certification processes, and adopting strategic trade agreements, Mongolia can improve its share in the international mutton market.
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