Key Market Indicators
The country was 54th in 2021, Slovakia was ahead with $1,510 Million. The U.S., Nigeria and Pakistan were numbers 2, 3 and 4 in this ranking. Mongolia's agricultural GDP is expected to rise to nearly $1.7 billion by 2026, up from $1.5 billion in 2021. The market has grown steadily at an average rate of 1.2% each year since 2015. In 2021, Mongolia ranked 53rd, just behind Slovakia, which was at $1.5 billion. The United States, Nigeria, and Pakistan were the top three countries in this ranking. Agricultural production in Mongolia is also projected to increase to $1.7 billion by 2026 from $1.5 billion in 2021, growing at an average of 2% each year. Since 1998, Mongolian production has increased by 6.5% annually. In 2021, Mongolia was 54th, once again behind Slovakia, which was at $1.5 billion. The United States, Nigeria, and Pakistan held the top three spots in this ranking.
