Crude Petroleum in Mongolia | The Observatory of Economic Complexity

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Exports In 2022, Mongolia exported $243M in Crude Petroleum, making it the 64th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 7th most exported product in Mongolia. The main destination of Crude Petroleum exports from Mongolia are: China ($243M), France ($1.72k), and Singapore ($2).

The fastest growing export markets for Crude Petroleum of Mongolia between 2021 and 2022 were France ($1.72k) and Singapore ($2).

Imports In 2022, Mongolia imported $10 in Crude Petroleum, becoming the 157th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1104th most imported product in Mongolia. Mongolia imports Crude Petroleum primarily from: South Korea ($10).

The fastest growing import markets in Crude Petroleum for Mongolia between 2021 and 2022 were South Korea ($10).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Crude Petroleum from Mongolia to the United States.

Feb 2024

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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 Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$243M

IMPORTS (2022)$10

NET TRADE (2022)$243M

In 2022, Mongolia exported $243M in Crude Petroleum. The main destinations of Mongolia exports on Crude Petroleum were China ($243M), France ($1.72k), and Singapore ($2).

In 2022, Mongolia imported $10 in Crude Petroleum, mainly from South Korea ($10).