Shopping in Ulaanbaatar

The State Department Store is a Soviet-era department store in the centre of Ulaanbaatar that remains the city's go-to retail destination. The top floor houses a popular souvenir market and cashmere outlets, while lower floors sell electronics, clothing, and groceries.

Mongolia produces roughly 40% of the world's raw cashmere, and Ulaanbaatar's factory-outlet stores — particularly Gobi Cashmere and Goyo — offer sweaters, scarves, coats, and blankets at a fraction of international retail prices. Shopping for cashmere is a quintessential UB experience.

Factory outlets for Gobi, Goyo, and Sor cashmere — Mongolia's best-known luxury export..