2022
Exports
$76.5kWorld Rnk 145 / 216
Flag Rnk 200 / 652
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$4.54MWorld Rnk 116 / 225
Flag Rnk 238 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $76.5k in Gas and Liquid Flow Measuring Instruments, making it the 145th largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 200th most exported product in Mongolia. The main destination of Gas and Liquid Flow Measuring Instruments exports from Mongolia are: Singapore ($34.4k), Russia ($26.4k), South Korea ($7.17k), United States ($3.4k), and China ($3.22k).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Mongolia between 2021 and 2022 were Russia ($7.71k), United States ($2.62k), and China ($818).

Imports In 2022, Mongolia imported $4.54M in Gas and Liquid Flow Measuring Instruments, becoming the 116th largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 238th most imported product in Mongolia. Mongolia imports Gas and Liquid Flow Measuring Instruments primarily from: China ($1.29M), Germany ($767k), United States ($296k), Netherlands ($256k), and Denmark ($240k).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Mongolia between 2021 and 2022 were Netherlands ($127k), Australia ($103k), and Ukraine ($102k).

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 Gas and Liquid Flow Measuring Instruments. 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)$76.5k
IMPORTS (2022)$4.54M
NET TRADE (2022)-$4.47M

In 2022, Mongolia exported $76.5k in Gas and Liquid Flow Measuring Instruments. The main destinations of Mongolia exports on Gas and Liquid Flow Measuring Instruments were Singapore ($34.4k), Russia ($26.4k), South Korea ($7.17k), United States ($3.4k), and China ($3.22k).

In 2022, Mongolia imported $4.54M in Gas and Liquid Flow Measuring Instruments, mainly from China ($1.29M), Germany ($767k), United States ($296k), Netherlands ($256k), and Denmark ($240k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$7.71k (41.2%)
United States$2.62k (336%)
China$818 (34.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Mongolia WERE (2021 - 2022):
Uzbekistan-$15k (-100%)
South Korea-$12.9k (-64.3%)
Singapore-$9.54k (-21.7%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Mongolia's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $33.5k
N/AN/AN/A

Gas and Liquid Flow Measuring Instruments’s highest export potential is Russia. With an export gap of $33.5k.   Gas and Liquid Flow Measuring Instruments’s highest import potential is N/A with an import gap of N/A.

See methodology.

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