2022
Exports
$331kWorld Rnk 93 / 98
Flag Rnk 115 / 652
falsefalse Russia
2022
PRODUCT COMPLEXITY IN Electricity
-0.67Rnk 750 / 1025
2022
Imports
$178MWorld Rnk 54 / 128
Flag Rnk 7 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $331k in Electricity, making it the 93rd largest exporter of Electricity in the world. At the same year, Electricity was the 115th most exported product in Mongolia. The main destination of Electricity exports from Mongolia are: Russia ($331k).

Imports In 2022, Mongolia imported $178M in Electricity, becoming the 54th largest importer of Electricity in the world. At the same year, Electricity was the 7th most imported product in Mongolia. Mongolia imports Electricity primarily from: China ($126M) and Russia ($51.8M).

The fastest growing import markets in Electricity for Mongolia between 2021 and 2022 were Russia ($16.9M).

Latest Trends

Sep 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 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

Trade Balance

Color
EXPORTS (2022)$331k
IMPORTS (2022)$178M
NET TRADE (2022)-$178M

In 2022, Mongolia exported $331k in Electricity. The main destinations of Mongolia exports on Electricity were Russia ($331k).

In 2022, Mongolia imported $178M in Electricity, mainly from China ($126M) and Russia ($51.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Mongolia WERE (2021 - 2022):Russia-$3.74k (-1.12%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Electricity were:
In 2022, Mongolia's main importing competitors in Electricity were:
France $14.6B
Germany $12.9B
Italy $11.9B

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $65.5k
TOP IMPORT POTENTIALGermany+ $4.76k

Electricity’s highest export potential is Russia. With an export gap of $65.5k.   Electricity’s highest import potential is Germany with an import gap of $4.76k.

See methodology.

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