Forty per cent of Mongolia’s population is employed in the agricultural sector, which makes up 15% of GDP. The sector, which involves the raising of livestock for meat and wool, as well as the cultivation of grains and vegetables, has the biggest impact on the lives of average Mongolians. What is particularly encouraging for Mongolia is the possibility of becoming self-sufficient in terms of...
Mongolia Agriculture
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Chapter | Agriculture from The Report: Mongolia 2013
Although Mongolia’s agriculture sector is feeling the benefits of new management approaches and seeing intensified production thanks to technological advances, it is still struggling to overcome issues created by under-investment and a transition from a planned to a market economy.
Articles & Analysis | Planting the seeds: Despite several hurdles, the sector is beginning to revitalise from The Report: Mongolia 2012
With agriculture accounting for around 20% of Mongolia’s GDP and providing employment for 35-40% of its population, the sector is clearly not only a central pillar of the country’s economy, but also of its social structure. Both these pillars are undergoing substantial changes, however, as Mongolia urbanises while also shifting much of its economic...
Articles & Analysis | Harvest time: Investment and support programmes have paid dividends for crops from The Report: Mongolia 2012
Preliminary results from the Ministry of Food, Agriculture and Light Industry (MFALI) for the September-October 2011 harvest showed the Mongolian crop sector to be in fine form. With the numbers bigger than ever demonstrating, for many in the sector, the success of recent government moves to support agricultural development with a major investment...
Articles & Analysis | Down on the farm: Achieving self-sufficiency and raising standards for milk production from The Report: Mongolia 2012
Dairy farming has long been recognised as a key part of the nation’s agricultural economy, and as a result, moves are now under way to bring the segment back up to international standards. A keen eye is being kept on trends in Asia’s dairy market, with likely future growth in consumption making the segment a potentially strong exporter for Mongolia...
Chapter | Agriculture from The Report: Mongolia 2012
Agriculture, particularly herding, is the traditional foundation of Mongolia’s economy and culture. Even today, the sector supplies 20% of GDP and employs 35-40% of its population. But the transition to modernity has been jarring, with Soviet experiments in collectivised farming and a modern emphasis on producing for export. Cashmere wool has been the true success story here, earning $180m in...