HS Icon Cars in  Flag Mongolia

2021
Exports | Imports
: $98.8k | $420M, World Rnk 183 / 218
Flag Rnk 174 / 619 | World Rnk 91 / 226
Flag Rnk 2 / 1085

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $47.3k | $96.9M, Italy |  Japan

2021
ECONOMIC COMPLEXITY of Mongolia
: -1.23, Rnk 117 / 131

2021
PRODUCT COMPLEXITY IN Cars
: 0.9, Rnk 202 / 1029

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%).

Subnational Monthly Trade

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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 Cars. 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

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EXPORTS (2021): $98.8k

IMPORTS (2021): $420M

NET TRADE (2021): -$420M

In 2021, Mongolia exported $98.8k in Cars. The main destinations of Mongolia exports on Cars were Italy ($47.3k), Kazakhstan ($36.5k), and South Korea ($15k).

In 2021, Mongolia imported $420M in Cars, mainly from Japan ($324M), United States ($34M), South Korea ($12.1M), Austria ($11.1M), and Germany ($8.67M).

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Flow

THE FASTEST GROWING Cars EXPORT MARKETS FOR Mongolia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Mongolia WERE (2020 - 2021):

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Market Concentration

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In 2021, Mongolia's main exporting competitors in Cars were:

In 2021, Mongolia's main importing competitors in Cars were:

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