2022
Exports
$2.81kWorld Rnk 139 / 175
Flag Rnk 435 / 652
2022
PRODUCT COMPLEXITY IN Fake Hair
-2.31Rnk 1013 / 1025
2022
Imports
$42kWorld Rnk 182 / 210
Flag Rnk 867 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $2.81k in Fake Hair, making it the 139th largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 435th most exported product in Mongolia. The main destination of Fake Hair exports from Mongolia are: South Korea ($2.67k), New Zealand ($112), and El Salvador ($35).

The fastest growing export markets for Fake Hair of Mongolia between 2021 and 2022 were South Korea ($1.82k), New Zealand ($112), and El Salvador ($35).

Imports In 2022, Mongolia imported $42k in Fake Hair, becoming the 182nd largest importer of Fake Hair in the world. At the same year, Fake Hair was the 867th most imported product in Mongolia. Mongolia imports Fake Hair primarily from: China ($12.5k), Vietnam ($10.6k), Poland ($6.57k), Kyrgyzstan ($6.49k), and South Korea ($4.9k).

The fastest growing import markets in Fake Hair for Mongolia between 2021 and 2022 were China ($10.1k), Vietnam ($10k), and Poland ($6.57k).

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 Fake Hair. 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)$2.81k
IMPORTS (2022)$42k
NET TRADE (2022)-$39.1k

In 2022, Mongolia exported $2.81k in Fake Hair. The main destinations of Mongolia exports on Fake Hair were South Korea ($2.67k), New Zealand ($112), and El Salvador ($35).

In 2022, Mongolia imported $42k in Fake Hair, mainly from China ($12.5k), Vietnam ($10.6k), Poland ($6.57k), Kyrgyzstan ($6.49k), and South Korea ($4.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fake Hair EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$1.82k (214%)
New Zealand$112 (1%)
El Salvador$35 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fake Hair BY Mongolia WERE (2021 - 2022):
United States-$1.56k (-100%)
France-$1.05k (-100%)
Netherlands-$206 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Fake Hair were:
In 2022, Mongolia's main importing competitors in Fake Hair were:

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Trade Value of Fake Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $2.55k
TOP IMPORT POTENTIALChina+ $36.6k

Fake Hair’s highest export potential is South Korea. With an export gap of $2.55k.   Fake Hair’s highest import potential is China with an import gap of $36.6k.

See methodology.

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