2022
Exports
$4.59kWorld Rnk 130 / 194
Flag Rnk 399 / 652
2022
PRODUCT COMPLEXITY IN Cutlery Sets
-0.066Rnk 570 / 1025
2022
Imports
$729kWorld Rnk 138 / 218
Flag Rnk 502 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.59k in Cutlery Sets, making it the 130th largest exporter of Cutlery Sets in the world. At the same year, Cutlery Sets was the 399th most exported product in Mongolia. The main destination of Cutlery Sets exports from Mongolia are: China ($4.41k), South Korea ($90), Germany ($35), Japan ($30), and Czechia ($28).

The fastest growing export markets for Cutlery Sets of Mongolia between 2021 and 2022 were Germany ($35), Japan ($30), and Czechia ($28).

Imports In 2022, Mongolia imported $729k in Cutlery Sets, becoming the 138th largest importer of Cutlery Sets in the world. At the same year, Cutlery Sets was the 502nd most imported product in Mongolia. Mongolia imports Cutlery Sets primarily from: China ($301k), South Korea ($57.9k), Russia ($55.8k), Turkey ($49.8k), and Singapore ($45.4k).

The fastest growing import markets in Cutlery Sets for Mongolia between 2021 and 2022 were China ($120k), United Kingdom ($22.4k), and Singapore ($21.8k).

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 Cutlery Sets. 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)$4.59k
IMPORTS (2022)$729k
NET TRADE (2022)-$724k

In 2022, Mongolia exported $4.59k in Cutlery Sets. The main destinations of Mongolia exports on Cutlery Sets were China ($4.41k), South Korea ($90), Germany ($35), Japan ($30), and Czechia ($28).

In 2022, Mongolia imported $729k in Cutlery Sets, mainly from China ($301k), South Korea ($57.9k), Russia ($55.8k), Turkey ($49.8k), and Singapore ($45.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutlery Sets EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Germany$35 (1%)
Japan$30 (1%)
Czechia$28 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutlery Sets BY Mongolia WERE (2021 - 2022):
China-$4.2k (-48.8%)
New Zealand-$1.45k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Cutlery Sets were:
In 2022, Mongolia's main importing competitors in Cutlery Sets were:

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Trade Value of Cutlery Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.09k
TOP IMPORT POTENTIALChina+ $310k

Cutlery Sets’s highest export potential is China. With an export gap of $4.09k.   Cutlery Sets’s highest import potential is China with an import gap of $310k.

See methodology.

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