2022
Exports
$158kWorld Rnk 45 / 98
Flag Rnk 159 / 652
2022
PRODUCT COMPLEXITY IN Non-Retail Carded Wool Yarn
-0.16Rnk 600 / 1025
2022
Imports
$3.56MWorld Rnk 32 / 145
Flag Rnk 277 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $158k in Non-Retail Carded Wool Yarn, making it the 45th largest exporter of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 159th most exported product in Mongolia. The main destination of Non-Retail Carded Wool Yarn exports from Mongolia are: Iran ($99k), Japan ($44.2k), Italy ($14k), Spain ($503), and Belgium ($497).

The fastest growing export markets for Non-Retail Carded Wool Yarn of Mongolia between 2021 and 2022 were Japan ($44.2k), Italy ($14k), and Spain ($503).

Imports In 2022, Mongolia imported $3.56M in Non-Retail Carded Wool Yarn, becoming the 32nd largest importer of Non-Retail Carded Wool Yarn in the world. At the same year, Non-Retail Carded Wool Yarn was the 277th most imported product in Mongolia. Mongolia imports Non-Retail Carded Wool Yarn primarily from: China ($3.55M), Japan ($1.82k), and Finland ($2).

The fastest growing import markets in Non-Retail Carded Wool Yarn for Mongolia between 2021 and 2022 were China ($2.54M), Japan ($1.82k), and Finland ($2).

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 Non-Retail Carded Wool Yarn. 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)$158k
IMPORTS (2022)$3.56M
NET TRADE (2022)-$3.4M

In 2022, Mongolia exported $158k in Non-Retail Carded Wool Yarn. The main destinations of Mongolia exports on Non-Retail Carded Wool Yarn were Iran ($99k), Japan ($44.2k), Italy ($14k), Spain ($503), and Belgium ($497).

In 2022, Mongolia imported $3.56M in Non-Retail Carded Wool Yarn, mainly from China ($3.55M), Japan ($1.82k), and Finland ($2).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Carded Wool Yarn EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Japan$44.2k (1%)
Italy$14k (1%)
Spain$503 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Carded Wool Yarn BY Mongolia WERE (2021 - 2022):
Iran-$129k (-56.6%)
South Korea-$23.8k (-100%)
Germany-$3.45k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Non-Retail Carded Wool Yarn were:
In 2022, Mongolia's main importing competitors in Non-Retail Carded Wool Yarn were:

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Trade Value of Non-Retail Carded Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $12k
TOP IMPORT POTENTIALJapan+ $2.03k

Non-Retail Carded Wool Yarn’s highest export potential is Italy. With an export gap of $12k.   Non-Retail Carded Wool Yarn’s highest import potential is Japan with an import gap of $2.03k.

See methodology.

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