2023
Exports
$333kWorld Rnk 89 / 144
Flag Rnk 92 / 494
2023
PRODUCT COMPLEXITY IN Copper Wire
-0.49Rnk 700 / 1025
2023
Imports
$66.9kWorld Rnk 169 / 205
Flag Rnk 717 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $333k in Copper Wire, making it the 89th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 92nd most exported product in Mongolia. The main destination of Copper Wire exports from Mongolia are: Japan ($333k).

The fastest growing export markets for Copper Wire of Mongolia between 2022 and 2023 were Japan ($333k).

Imports In 2023, Mongolia imported $66.9k in Copper Wire, becoming the 169th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 717th most imported product in Mongolia. Mongolia imports Copper Wire primarily from: Turkey ($30.7k), China ($30.2k), and United Kingdom ($5.98k).

The fastest growing import markets in Copper Wire for Mongolia between 2022 and 2023 were Turkey ($22.8k) and United Kingdom ($5.98k).

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 Copper Wire. 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)$333k
IMPORTS (2023)$66.9k
NET TRADE (2023)$266k

In 2023, Mongolia exported $333k in Copper Wire. The main destinations of Mongolia exports on Copper Wire were Japan ($333k).

In 2023, Mongolia imported $66.9k in Copper Wire, mainly from Turkey ($30.7k), China ($30.2k), and United Kingdom ($5.98k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):Japan$333k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Mongolia WERE (2022 - 2023):China-$3.53M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Copper Wire were:
In 2023, Mongolia's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.42M
TOP IMPORT POTENTIALChina+ $45.7k

Copper Wire’s highest export potential is China. With an export gap of $2.42M.   Copper Wire’s highest import potential is China with an import gap of $45.7k.

See methodology.

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