2022
Exports
$765kWorld Rnk 118 / 224
Flag Rnk 37 / 92
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$10.7MWorld Rnk 142 / 225
Flag Rnk 55 / 96
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $765k in Leather articles, making it the 118th largest exporter of Leather articles in the world. At the same year, Leather articles was the 37th most exported product in Mongolia. The main destination of Leather articles exports from Mongolia are: Japan ($390k), Peru ($113k), Canada ($48.9k), United States ($45k), and Kazakhstan ($37.8k).

The fastest growing export markets for Leather articles of Mongolia between 2021 and 2022 were Peru ($113k), Canada ($40.3k), and Spain ($16.7k).

Imports In 2022, Mongolia imported $10.7M in Leather articles, becoming the 142nd largest importer of Leather articles in the world. At the same year, Leather articles was the 55th most imported product in Mongolia. Mongolia imports Leather articles primarily from: N/A.

The fastest growing import markets in Leather articles for Mongolia between 2021 and 2022 were Netherlands ($1.65M), China ($1.64M), and Italy ($402k).

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 Leather articles. 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)$765k
IMPORTS (2022)$10.7M
NET TRADE (2022)-$9.93M

In 2022, Mongolia exported $765k in Leather articles. The main destinations of Mongolia exports on Leather articles were Japan ($390k), Peru ($113k), Canada ($48.9k), United States ($45k), and Kazakhstan ($37.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Peru$113k (1%)
Canada$40.3k (467%)
Spain$16.7k (1.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Mongolia WERE (2021 - 2022):
Japan-$387k (-49.8%)
China-$31.4k (-79.8%)
United States-$29.6k (-39.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Mongolia's main importing competitors in Leather articles were:

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $377k
TOP IMPORT POTENTIALChina+ $4.31M

Leather articles’s highest export potential is Japan. With an export gap of $377k.   Leather articles’s highest import potential is China with an import gap of $4.31M.

See methodology.

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