2022
Exports
$183kWorld Rnk 53 / 98
Flag Rnk 153 / 652
2022
PRODUCT COMPLEXITY IN Non-Retail Combed Wool Yarn
0.26Rnk 467 / 1025
2022
Imports
$819kWorld Rnk 64 / 148
Flag Rnk 483 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $183k in Non-Retail Combed Wool Yarn, making it the 53rd largest exporter of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 153rd most exported product in Mongolia. The main destination of Non-Retail Combed Wool Yarn exports from Mongolia are: Russia ($181k), Germany ($499), France ($474), and Bosnia and Herzegovina ($227).

The fastest growing export markets for Non-Retail Combed Wool Yarn of Mongolia between 2021 and 2022 were Russia ($20.9k), Germany ($499), and France ($474).

Imports In 2022, Mongolia imported $819k in Non-Retail Combed Wool Yarn, becoming the 64th largest importer of Non-Retail Combed Wool Yarn in the world. At the same year, Non-Retail Combed Wool Yarn was the 483rd most imported product in Mongolia. Mongolia imports Non-Retail Combed Wool Yarn primarily from: China ($769k), Italy ($45.3k), and Czechia ($4.37k).

The fastest growing import markets in Non-Retail Combed Wool Yarn for Mongolia between 2021 and 2022 were China ($435k) and Czechia ($4.37k).

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 Combed 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)$183k
IMPORTS (2022)$819k
NET TRADE (2022)-$636k

In 2022, Mongolia exported $183k in Non-Retail Combed Wool Yarn. The main destinations of Mongolia exports on Non-Retail Combed Wool Yarn were Russia ($181k), Germany ($499), France ($474), and Bosnia and Herzegovina ($227).

In 2022, Mongolia imported $819k in Non-Retail Combed Wool Yarn, mainly from China ($769k), Italy ($45.3k), and Czechia ($4.37k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Retail Combed Wool Yarn EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$20.9k (13%)
Germany$499 (1%)
France$474 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Retail Combed Wool Yarn BY Mongolia WERE (2021 - 2022):
Iran-$164k (-100%)
United States-$9.5k (-100%)
United Kingdom-$1.21k (-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 Combed Wool Yarn were:
In 2022, Mongolia's main importing competitors in Non-Retail Combed Wool Yarn were:

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Trade Value of Non-Retail Combed Wool Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $3.14k
TOP IMPORT POTENTIALChina+ $122k

Non-Retail Combed Wool Yarn’s highest export potential is Germany. With an export gap of $3.14k.   Non-Retail Combed Wool Yarn’s highest import potential is China with an import gap of $122k.

See methodology.

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