2022
Exports
$8.99kWorld Rnk 160 / 203
Flag Rnk 80 / 92
2022
PRODUCT COMPLEXITY IN Glues, starches, & albuminoid products
1.14Rnk 119 / 1025
2022
Imports
$28.6MWorld Rnk 92 / 224
Flag Rnk 41 / 96
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $8.99k in Glues, starches, & albuminoid products, making it the 160th largest exporter of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 80th most exported product in Mongolia. The main destination of Glues, starches, & albuminoid products exports from Mongolia are: Rwanda ($4.2k), Fiji ($3.48k), Russia ($692), South Korea ($545), and Sudan ($77).

The fastest growing export markets for Glues, starches, & albuminoid products of Mongolia between 2021 and 2022 were Rwanda ($4.2k), Fiji ($3.48k), and Russia ($692).

Imports In 2022, Mongolia imported $28.6M in Glues, starches, & albuminoid products, becoming the 92nd largest importer of Glues, starches, & albuminoid products in the world. At the same year, Glues, starches, & albuminoid products was the 41st most imported product in Mongolia. Mongolia imports Glues, starches, & albuminoid products primarily from: China ($24.8M), South Korea ($1.03M), Germany ($733k), Russia ($581k), and Poland ($365k).

The fastest growing import markets in Glues, starches, & albuminoid products for Mongolia between 2021 and 2022 were China ($4.42M), South Korea ($665k), and Russia ($274k).

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 Glues, starches, & albuminoid products. 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)$8.99k
IMPORTS (2022)$28.6M
NET TRADE (2022)-$28.6M

In 2022, Mongolia exported $8.99k in Glues, starches, & albuminoid products. The main destinations of Mongolia exports on Glues, starches, & albuminoid products were Rwanda ($4.2k), Fiji ($3.48k), Russia ($692), South Korea ($545), and Sudan ($77).

In 2022, Mongolia imported $28.6M in Glues, starches, & albuminoid products, mainly from China ($24.8M), South Korea ($1.03M), Germany ($733k), Russia ($581k), and Poland ($365k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glues, starches, & albuminoid products EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Rwanda$4.2k (1%)
Fiji$3.48k (1%)
Russia$692 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glues, starches, & albuminoid products BY Mongolia WERE (2021 - 2022):Tanzania-$22 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Glues, starches, & albuminoid products were:
In 2022, Mongolia's main importing competitors in Glues, starches, & albuminoid products were:

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Trade Value of Glues, starches, & albuminoid products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $4.41k
TOP IMPORT POTENTIALChina+ $1.83M

Glues, starches, & albuminoid products’s highest export potential is Russia. With an export gap of $4.41k.   Glues, starches, & albuminoid products’s highest import potential is China with an import gap of $1.83M.

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