Before the coronavirus lockdown, Mongolia exported 54 thousand tonnes of horse meat to China in 2019. However, exports of horse meat have fallen due to Mongolia closing its border with China in order to prevent the spread of coronavirus. Subsequently, during the first half of 2020, Mongolia exported only 3000 tonnes of horse meat to China.
Currently, Mongolia is working to join an Asia-Pacific Trade Agreement for expanding the exports of meat products. The agreement is currently between China, South Korea, India, Bangladesh, Laos and Sri-Lanka; this represents a total market of 2.6 billion consumers. Mongolia will be able to export over 10 thousand goods items with tariff discounts of 5-100 percent, currently enjoyed by the agreement signatories.
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