2022
Exports
$35kWorld Rnk 174 / 214
Flag Rnk 258 / 652
2022
PRODUCT COMPLEXITY IN Chemical Analysis Instruments
1.69Rnk 26 / 1025
2022
Imports
$11MWorld Rnk 109 / 225
Flag Rnk 127 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $35k in Chemical Analysis Instruments, making it the 174th largest exporter of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 258th most exported product in Mongolia. The main destination of Chemical Analysis Instruments exports from Mongolia are: Chinese Taipei ($12k), Indonesia ($5.26k), United Kingdom ($4.59k), Denmark ($2.98k), and Singapore ($2.86k).

The fastest growing export markets for Chemical Analysis Instruments of Mongolia between 2021 and 2022 were Indonesia ($5.26k), United Kingdom ($4.59k), and Denmark ($2.98k).

Imports In 2022, Mongolia imported $11M in Chemical Analysis Instruments, becoming the 109th largest importer of Chemical Analysis Instruments in the world. At the same year, Chemical Analysis Instruments was the 127th most imported product in Mongolia. Mongolia imports Chemical Analysis Instruments primarily from: China ($3.12M), Germany ($1.51M), Japan ($991k), United States ($951k), and Australia ($803k).

The fastest growing import markets in Chemical Analysis Instruments for Mongolia between 2021 and 2022 were United Kingdom ($218k), China ($203k), and France ($195k).

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 Chemical Analysis Instruments. 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)$35k
IMPORTS (2022)$11M
NET TRADE (2022)-$11M

In 2022, Mongolia exported $35k in Chemical Analysis Instruments. The main destinations of Mongolia exports on Chemical Analysis Instruments were Chinese Taipei ($12k), Indonesia ($5.26k), United Kingdom ($4.59k), Denmark ($2.98k), and Singapore ($2.86k).

In 2022, Mongolia imported $11M in Chemical Analysis Instruments, mainly from China ($3.12M), Germany ($1.51M), Japan ($991k), United States ($951k), and Australia ($803k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Chemical Analysis Instruments EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Indonesia$5.26k (1%)
United Kingdom$4.59k (1%)
Denmark$2.98k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chemical Analysis Instruments BY Mongolia WERE (2021 - 2022):
Chinese Taipei-$96k (-88.9%)
Singapore-$47.1k (-94.3%)
Germany-$16.7k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Chemical Analysis Instruments were:
In 2022, Mongolia's main importing competitors in Chemical Analysis Instruments were:

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Trade Value of Chemical Analysis Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $17k
TOP IMPORT POTENTIALChina+ $2.4M

Chemical Analysis Instruments’s highest export potential is China. With an export gap of $17k.   Chemical Analysis Instruments’s highest import potential is China with an import gap of $2.4M.

See methodology.

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