2023
Exports
$8.43BWorld Rnk 8 / 126
Flag Rnk 1 / 494
2023
PRODUCT COMPLEXITY IN Coal Briquettes
-1.74Rnk 977 / 1025
2023
Imports
$23.7kWorld Rnk 153 / 182
Flag Rnk 820 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $8.43B in Coal Briquettes, making it the 8th largest exporter of Coal Briquettes in the world. At the same year, Coal Briquettes was the 1st most exported product in Mongolia. The main destination of Coal Briquettes exports from Mongolia are: China ($8.43B) and Slovakia ($9).

The fastest growing export markets for Coal Briquettes of Mongolia between 2022 and 2023 were China ($2.87B) and Slovakia ($9).

Imports In 2023, Mongolia imported $23.7k in Coal Briquettes, becoming the 153rd largest importer of Coal Briquettes in the world. At the same year, Coal Briquettes was the 820th most imported product in Mongolia. Mongolia imports Coal Briquettes primarily from: China ($16.9k), India ($3.6k), and Lithuania ($3.24k).

The fastest growing import markets in Coal Briquettes for Mongolia between 2022 and 2023 were India ($3.6k) and Lithuania ($3.24k).

Latest Trends

Dec 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 Coal Briquettes. 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 (2023)$8.43B
IMPORTS (2023)$23.7k
NET TRADE (2023)$8.43B

In 2023, Mongolia exported $8.43B in Coal Briquettes. The main destinations of Mongolia exports on Coal Briquettes were China ($8.43B) and Slovakia ($9).

In 2023, Mongolia imported $23.7k in Coal Briquettes, mainly from China ($16.9k), India ($3.6k), and Lithuania ($3.24k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coal Briquettes EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
China$2.87B (51.6%)
Slovakia$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Briquettes BY Mongolia WERE (2022 - 2023):
Singapore-$337M (-100%)
South Korea-$150M (-100%)
Hong Kong-$7.84M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Coal Briquettes were:
In 2023, Mongolia's main importing competitors in Coal Briquettes were:
China $40.3B
Japan $36.5B

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Trade Value of Coal Briquettes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $116M
TOP IMPORT POTENTIALChina+ $459k

Coal Briquettes’s highest export potential is South Korea. With an export gap of $116M.   Coal Briquettes’s highest import potential is China with an import gap of $459k.

See methodology.

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