Exports In 2021, Mongolia exported $98.8k in Cars, making it the 183rd largest exporter of Cars in the world. At the same year, Cars was the 174th most exported product in Mongolia. The main destination of Cars exports from Mongolia are: Italy ($47.3k), Kazakhstan ($36.5k), and South Korea ($15k).
The fastest growing export markets for Cars of Mongolia between 2020 and 2021 were Italy ($47.3k), Kazakhstan ($16.6k), and South Korea ($10k).
Imports In 2021, Mongolia imported $420M in Cars, becoming the 91st largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in Mongolia. Mongolia imports Cars primarily from: Japan ($324M), United States ($34M), South Korea ($12.1M), Austria ($11.1M), and Germany ($8.67M).
The fastest growing import markets in Cars for Mongolia between 2020 and 2021 were Japan ($96.9M), United States ($9.28M), and South Korea ($4.66M).
Tariffs In 2018, the average tariff for Mongolia in Cars was 5%. The countries with the highest import tariffs for Cars were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).