Copper Ore in Mongolia 2020 Exports | Imports : $1.78B | $14.5k, World Rnk 9 / 98 Rnk 3 / 613 | World Rnk 66 / 93 Rnk 904 / 1069
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $294k | $7.31k, Germany | Australia
2020 ECONOMIC COMPLEXITY of Mongolia: -1.24, Rnk 113 / 127
2020 PRODUCT COMPLEXITY IN Copper Ore: -1.89, Rnk 997 / 1029
Exports In 2020, Mongolia exported $1.78B in Copper Ore, making it the 9th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 3rd most exported product in Mongolia. The main destination of Copper Ore exports from Mongolia are: China ($1.78B) and Germany ($294k).
The fastest growing export markets for Copper Ore of Mongolia between 2019 and 2020 were Germany ($294k).
Imports In 2020, Mongolia imported $14.5k in Copper Ore, becoming the 66th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 904th most imported product in Mongolia. Mongolia imports Copper Ore primarily from: Australia ($7.31k) and China ($7.15k).
The fastest growing import markets in Copper Ore for Mongolia between 2019 and 2020 were Australia ($7.31k).
Tariffs In 2018, the average tariff for Mongolia in Copper Ore was 4.98%. The countries with the highest import tariffs for Copper Ore were Angola (Most Favoured Nation duty rate treatement, 5%), Burundi (Most Favoured Nation duty rate treatement, 5%), Benin (Most Favoured Nation duty rate treatement, 5%), Burkina Faso (Most Favoured Nation duty rate treatement, 5%), and Botswana (Most Favoured Nation duty rate treatement, 5%).
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 Copper Ore. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $1.78B
IMPORTS (2020): $14.5k
NET TRADE (2020): $1.78B
In 2020, Mongolia exported $1.78B in Copper Ore. The main destinations of Mongolia exports on Copper Ore were China ($1.78B) and Germany ($294k).
In 2020, Mongolia imported $14.5k in Copper Ore, mainly from Australia ($7.31k) and China ($7.15k).
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Mongolia WERE (2019 - 2020):: Germany, $294k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Mongolia WERE (2019 - 2020):
In 2020, Mongolia's main exporting competitors in Copper Ore were:
In 2020, Mongolia's main importing competitors in Copper Ore were:
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