2022
Exports
$62.9kWorld Rnk 111 / 169
Flag Rnk 217 / 652
2022
PRODUCT COMPLEXITY IN Cheese
-0.14Rnk 591 / 1025
2022
Imports
$13.9MWorld Rnk 105 / 223
Flag Rnk 102 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $62.9k in Cheese, making it the 111th largest exporter of Cheese in the world. At the same year, Cheese was the 217th most exported product in Mongolia. The main destination of Cheese exports from Mongolia are: Japan ($38k), South Korea ($12.4k), United States ($11.3k), Hong Kong ($1.2k), and Kyrgyzstan ($91).

The fastest growing export markets for Cheese of Mongolia between 2021 and 2022 were Hong Kong ($1.2k) and Kyrgyzstan ($91).

Imports In 2022, Mongolia imported $13.9M in Cheese, becoming the 105th largest importer of Cheese in the world. At the same year, Cheese was the 102nd most imported product in Mongolia. Mongolia imports Cheese primarily from: Germany ($3.11M), Denmark ($1.98M), Argentina ($1.75M), Russia ($1.73M), and Austria ($1.26M).

The fastest growing import markets in Cheese for Mongolia between 2021 and 2022 were Denmark ($1.26M), Kazakhstan ($369k), and Argentina ($335k).

Latest Trends

Sep 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 Cheese. 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)$62.9k
IMPORTS (2022)$13.9M
NET TRADE (2022)-$13.8M

In 2022, Mongolia exported $62.9k in Cheese. The main destinations of Mongolia exports on Cheese were Japan ($38k), South Korea ($12.4k), United States ($11.3k), Hong Kong ($1.2k), and Kyrgyzstan ($91).

In 2022, Mongolia imported $13.9M in Cheese, mainly from Germany ($3.11M), Denmark ($1.98M), Argentina ($1.75M), Russia ($1.73M), and Austria ($1.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cheese EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Hong Kong$1.2k (1%)
Kyrgyzstan$91 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cheese BY Mongolia WERE (2021 - 2022):
South Korea-$56.3k (-82%)
United States-$5.04k (-30.8%)
Japan-$1.1k (-2.82%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Cheese were:
In 2022, Mongolia's main importing competitors in Cheese were:
Germany $5.19B
Italy $2.62B

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Trade Value of Cheese by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $25.5k
TOP IMPORT POTENTIALGermany+ $826k

Cheese’s highest export potential is United States. With an export gap of $25.5k.   Cheese’s highest import potential is Germany with an import gap of $826k.

See methodology.

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