2023
Exports
$166MWorld Rnk 9 / 70
Flag Rnk 7 / 494
falsefalse China
2023
PRODUCT COMPLEXITY IN Molybdenum Ore
-0.81Rnk 785 / 1025
2023
Imports
$155World Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $166M in Molybdenum Ore, making it the 9th largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 7th most exported product in Mongolia. The main destination of Molybdenum Ore exports from Mongolia are: China ($99.4M), Thailand ($67M), and Chile ($1.41k).

The fastest growing export markets for Molybdenum Ore of Mongolia between 2022 and 2023 were Thailand ($34.9M), China ($23.6M), and Chile ($962).

Imports In 2017, Mongolia imported $155 in Molybdenum Ore, becoming the 0th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 0th most imported product in Mongolia. Mongolia imports Molybdenum Ore primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2023)$166M
IMPORTS (2017)$155
NET TRADE (2023)$166M

In 2023, Mongolia exported $166M in Molybdenum Ore. The main destinations of Mongolia exports on Molybdenum Ore were China ($99.4M), Thailand ($67M), and Chile ($1.41k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Thailand$34.9M (109%)
China$23.6M (31.1%)
Chile$962 (215%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY Mongolia WERE (2022 - 2023):
South Korea-$8.91M (-100%)
United States-$1.72M (-100%)
Netherlands-$95 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Molybdenum Ore were:
In 2023, Mongolia's main importing competitors in Molybdenum Ore were:

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Trade Value of Molybdenum Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $11.5M
TOP IMPORT POTENTIALChina+ $407

Molybdenum Ore’s highest export potential is China. With an export gap of $11.5M.   Molybdenum Ore’s highest import potential is China with an import gap of $407.

See methodology.

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