2022
Exports
$433kWorld Rnk 82 / 172
Flag Rnk 100 / 652
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$3.85MWorld Rnk 104 / 223
Flag Rnk 263 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $433k in Glass Fibers, making it the 82nd largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 100th most exported product in Mongolia. The main destination of Glass Fibers exports from Mongolia are: Philippines ($417k) and South Korea ($16k).

The fastest growing export markets for Glass Fibers of Mongolia between 2021 and 2022 were Philippines ($233k) and South Korea ($16k).

Imports In 2022, Mongolia imported $3.85M in Glass Fibers, becoming the 104th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 263rd most imported product in Mongolia. Mongolia imports Glass Fibers primarily from: Russia ($2.23M), China ($1.1M), Turkey ($155k), South Korea ($134k), and Belarus ($80.3k).

The fastest growing import markets in Glass Fibers for Mongolia between 2021 and 2022 were China ($445k), South Korea ($129k), and Belarus ($80.3k).

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 Glass Fibers. 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)$433k
IMPORTS (2022)$3.85M
NET TRADE (2022)-$3.42M

In 2022, Mongolia exported $433k in Glass Fibers. The main destinations of Mongolia exports on Glass Fibers were Philippines ($417k) and South Korea ($16k).

In 2022, Mongolia imported $3.85M in Glass Fibers, mainly from Russia ($2.23M), China ($1.1M), Turkey ($155k), South Korea ($134k), and Belarus ($80.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Philippines$233k (127%)
South Korea$16k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Glass Fibers were:
In 2022, Mongolia's main importing competitors in Glass Fibers were:

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $14.7k
TOP IMPORT POTENTIALChina+ $1.3M

Glass Fibers’s highest export potential is South Korea. With an export gap of $14.7k.   Glass Fibers’s highest import potential is China with an import gap of $1.3M.

See methodology.

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