2022
Exports
$4.95kWorld Rnk 147 / 195
Flag Rnk 392 / 652
2022
PRODUCT COMPLEXITY IN Bells and Other Metal Ornaments
-0.11Rnk 584 / 1025
2022
Imports
$756kWorld Rnk 117 / 220
Flag Rnk 496 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.95k in Bells and Other Metal Ornaments, making it the 147th largest exporter of Bells and Other Metal Ornaments in the world. At the same year, Bells and Other Metal Ornaments was the 392nd most exported product in Mongolia. The main destination of Bells and Other Metal Ornaments exports from Mongolia are: Sudan ($2.28k), Canada ($1.4k), Sweden ($494), South Korea ($402), and Czechia ($213).

The fastest growing export markets for Bells and Other Metal Ornaments of Mongolia between 2021 and 2022 were Sudan ($2.28k), Canada ($990), and Czechia ($150).

Imports In 2022, Mongolia imported $756k in Bells and Other Metal Ornaments, becoming the 117th largest importer of Bells and Other Metal Ornaments in the world. At the same year, Bells and Other Metal Ornaments was the 496th most imported product in Mongolia. Mongolia imports Bells and Other Metal Ornaments primarily from: China ($570k), Italy ($85.4k), Russia ($41.3k), Germany ($15.9k), and India ($15.2k).

The fastest growing import markets in Bells and Other Metal Ornaments for Mongolia between 2021 and 2022 were China ($431k), Italy ($37.1k), and Germany ($6.62k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bells and Other Metal Ornaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.95k
IMPORTS (2022)$756k
NET TRADE (2022)-$751k

In 2022, Mongolia exported $4.95k in Bells and Other Metal Ornaments. The main destinations of Mongolia exports on Bells and Other Metal Ornaments were Sudan ($2.28k), Canada ($1.4k), Sweden ($494), South Korea ($402), and Czechia ($213).

In 2022, Mongolia imported $756k in Bells and Other Metal Ornaments, mainly from China ($570k), Italy ($85.4k), Russia ($41.3k), Germany ($15.9k), and India ($15.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bells and Other Metal Ornaments EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Sudan$2.28k (1%)
Canada$990 (244%)
Czechia$150 (238%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bells and Other Metal Ornaments BY Mongolia WERE (2021 - 2022):
Sweden-$1.64k (-76.8%)
Australia-$1.3k (-100%)
South Korea-$425 (-51.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Bells and Other Metal Ornaments were:
China $2.17B
India $166M
In 2022, Mongolia's main importing competitors in Bells and Other Metal Ornaments were:

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Trade Value of Bells and Other Metal Ornaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.81k
TOP IMPORT POTENTIALChina+ $368k

Bells and Other Metal Ornaments’s highest export potential is Canada. With an export gap of $1.81k.   Bells and Other Metal Ornaments’s highest import potential is China with an import gap of $368k.

See methodology.

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