HS Icon Electricity in  Flag Mongolia

2021
Exports | Imports
: $334k | $161M, World Rnk 90 / 97
Flag Rnk 104 / 619 | World Rnk 50 / 118
Flag Rnk 5 / 1085

2021
ECONOMIC COMPLEXITY of Mongolia
: -1.23, Rnk 117 / 131

2021
PRODUCT COMPLEXITY IN Electricity
: -0.7, Rnk 749 / 1029

Exports In 2021, Mongolia exported $334k in Electricity, making it the 90th largest exporter of Electricity in the world. At the same year, Electricity was the 104th most exported product in Mongolia. The main destination of Electricity exports from Mongolia are: Russia ($334k).

Imports In 2021, Mongolia imported $161M in Electricity, becoming the 50th largest importer of Electricity in the world. At the same year, Electricity was the 5th most imported product in Mongolia. Mongolia imports Electricity primarily from: China ($126M) and Russia ($34.8M).

The fastest growing import markets in Electricity for Mongolia between 2020 and 2021 were Russia ($12.5M) and China ($5.8M).

Tariffs In 2018, the average tariff for Mongolia in Electricity was 4.98%. The countries with the highest import tariffs for Electricity were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Electricity. 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

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EXPORTS (2021): $334k

IMPORTS (2021): $161M

NET TRADE (2021): -$161M

In 2021, Mongolia exported $334k in Electricity. The main destinations of Mongolia exports on Electricity were Russia ($334k).

In 2021, Mongolia imported $161M in Electricity, mainly from China ($126M) and Russia ($34.8M).

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THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Mongolia WERE (2020 - 2021):: Russia, -$245k (-42.3%)

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Market Concentration

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In 2021, Mongolia's main exporting competitors in Electricity were:

In 2021, Mongolia's main importing competitors in Electricity were:

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