2022
Exports
$7.65MWorld Rnk 17 / 68
Flag Rnk 26 / 652
2022
PRODUCT COMPLEXITY IN Lignite
-1.47Rnk 945 / 1025
2022
Imports
$468kWorld Rnk 42 / 114
Flag Rnk 573 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $7.65M in Lignite, making it the 17th largest exporter of Lignite in the world. At the same year, Lignite was the 26th most exported product in Mongolia. The main destination of Lignite exports from Mongolia are: China ($7.64M) and Czechia ($844).

The fastest growing export markets for Lignite of Mongolia between 2021 and 2022 were Czechia ($844).

Imports In 2022, Mongolia imported $468k in Lignite, becoming the 42nd largest importer of Lignite in the world. At the same year, Lignite was the 573rd most imported product in Mongolia. Mongolia imports Lignite primarily from: China ($468k).

The fastest growing import markets in Lignite for Mongolia between 2021 and 2022 were China ($457k).

Latest Trends

Oct 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 Lignite. 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)$7.65M
IMPORTS (2022)$468k
NET TRADE (2022)$7.18M

In 2022, Mongolia exported $7.65M in Lignite. The main destinations of Mongolia exports on Lignite were China ($7.64M) and Czechia ($844).

In 2022, Mongolia imported $468k in Lignite, mainly from China ($468k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Czechia$844 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Mongolia WERE (2021 - 2022):
China-$7.75M (-50.4%)
Russia-$876 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.36M
TOP IMPORT POTENTIALIndonesia+ $1.81k

Lignite’s highest export potential is China. With an export gap of $9.36M.   Lignite’s highest import potential is Indonesia with an import gap of $1.81k.

See methodology.

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