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Exports In 2022, Mongolia exported $2.3k in Hats, making it the 122nd largest exporter of Hats in the world. At the same year, Hats was the 444th most exported product in Mongolia. The main destination of Hats exports from Mongolia are: Netherlands ($1.57k), Canada ($345), United Arab Emirates ($177), Austria ($82), and Japan ($75).

The fastest growing export markets for Hats of Mongolia between 2021 and 2022 were Netherlands ($1.57k), Canada ($300), and Austria ($82).

Imports In 2022, Mongolia imported $48.2k in Hats, becoming the 145th largest importer of Hats in the world. At the same year, Hats was the 858th most imported product in Mongolia. Mongolia imports Hats primarily from: Australia ($15.8k), China ($11.5k), Germany ($7.16k), Czechia ($5.17k), and Italy ($4.39k).

The fastest growing import markets in Hats for Mongolia between 2021 and 2022 were Australia ($15.8k), China ($5.13k), and Czechia ($3.28k).

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 Hats. 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)$2.3k
IMPORTS (2022)$48.2k
NET TRADE (2022)-$45.9k

In 2022, Mongolia exported $2.3k in Hats. The main destinations of Mongolia exports on Hats were Netherlands ($1.57k), Canada ($345), United Arab Emirates ($177), Austria ($82), and Japan ($75).

In 2022, Mongolia imported $48.2k in Hats, mainly from Australia ($15.8k), China ($11.5k), Germany ($7.16k), Czechia ($5.17k), and Italy ($4.39k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hats EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Netherlands$1.57k (1%)
Canada$300 (667%)
Austria$82 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hats BY Mongolia WERE (2021 - 2022):
Ireland-$132 (-100%)
Slovakia-$32 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Hats were:
China $298M
Italy $24.4M
In 2022, Mongolia's main importing competitors in Hats were:

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Trade Value of Hats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALNetherlands+ $687
TOP IMPORT POTENTIALChina+ $18.2k

Hats’s highest export potential is Netherlands. With an export gap of $687.   Hats’s highest import potential is China with an import gap of $18.2k.

See methodology.

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