Insect Resins in Mongolia

EXPORTS (2017): $1.1M, World Rnk 42 / 119
Flag Rnk 63 / 486

TOP DESTINATION (2017): $846k, India

FASTEST GROWING MARKET (2016 - 2017): $692k, India

IMPORTS (2018): $53.7k, World Rnk 127 / 168
Flag Rnk 791 / 1037

TOP ORIGIN (2018): $53.7k, China

FASTEST GROWING ORIGIN (2014 - 2018): $53.7k, China

ECONOMIC COMPLEXITY of Mongolia (2018): -0.86, Rnk 106 / 137

Overview: This page contains the latest trade data of Insect Resins in Mongolia.

Exports: In 2017, Mongolia exported $1.1M in Insect Resins, making it the 42nd largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 63rd most exported product in Mongolia. The main destination of Insect Resins exports from Mongolia are: India ($846k), Russia ($161k), and United Arab Emirates ($96.7k).

The fastest growing export markets for Insect Resins of Mongolia between 2016 and 2017 were India ($692k) and United Arab Emirates ($96.7k).

Imports: In 2018, Mongolia imported $53.7k in Insect Resins, becoming the 127th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 791st most imported product in Mongolia. Mongolia imports Insect Resins primarily from: China ($53.7k).

The fastest growing import markets in Insect Resins for Mongolia between 2014 and 2018 were China ($53.7k).

Tariffs: In 2018, the average tariff for Mongolia in Insect Resins was 4.98%. The countries with the highest import tariffs for Insect Resins were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

Value

EXPORTS (2017): $1.1M

IMPORTS (2018): $53.7k

NET TRADE (2018): -$53.7k

In 2017, Mongolia exported $1.1M in Insect Resins. The main destinations of Mongolia exports on Insect Resins were India ($846k), Russia ($161k), and United Arab Emirates ($96.7k).

In 2018, Mongolia imported $53.7k in Insect Resins, mainly from China ($53.7k).

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IN 2017, Mongolia HAD A POSITIVE NET TRADE IN Insect Resins WITH:

  • India, $846k ($846k - $0)
  • Russia, $161k ($161k - $0)
  • United Arab Emirates, $96.7k ($96.7k - $0)

IN 2018, Mongolia HAD A NEGATIVE NET TRADE IN Insect Resins WITH:: China, -$53.7k ($0 - $53.7k)

Flow

THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Mongolia WERE (2016 - 2017):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Mongolia WERE (2016 - 2017):

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Market Concentration

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Flow
Type

In 2018, Mongolia's main exporting competitors in Insect Resins were:

In 2018, Mongolia's main importing competitors in Insect Resins were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Insect Resins in Mongolia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Mongolia in Insect Resins was 4.98%.

The countries with the highest tariffs for Insect Resins in Mongolia were Angola (5%), Burundi (5%), Benin (5%), Burkina Faso (5%), and Botswana (5%).

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