2023
Exports
$176kWorld Rnk 143 / 222
Flag Rnk 116 / 494
2023
PRODUCT COMPLEXITY IN Office Machine Parts
1.14Rnk 125 / 1025
2023
Imports
$20MWorld Rnk 121 / 226
Flag Rnk 64 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $176k in Office Machine Parts, making it the 143rd largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 116th most exported product in Mongolia. The main destination of Office Machine Parts exports from Mongolia are: Netherlands ($87.3k), Singapore ($37.2k), Australia ($12.7k), Poland ($10.9k), and Turkey ($7.8k).

The fastest growing export markets for Office Machine Parts of Mongolia between 2022 and 2023 were Netherlands ($87.3k), Singapore ($20.6k), and Australia ($12.5k).

Imports In 2023, Mongolia imported $20M in Office Machine Parts, becoming the 121st largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 64th most imported product in Mongolia. Mongolia imports Office Machine Parts primarily from: China ($6.83M), Hong Kong ($5.38M), Singapore ($2.8M), Malaysia ($1.76M), and Chinese Taipei ($686k).

The fastest growing import markets in Office Machine Parts for Mongolia between 2022 and 2023 were Hong Kong ($4.42M), Malaysia ($752k), and Singapore ($635k).

Latest Trends

Dec 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 Office Machine Parts. 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 (2023)$176k
IMPORTS (2023)$20M
NET TRADE (2023)-$19.8M

In 2023, Mongolia exported $176k in Office Machine Parts. The main destinations of Mongolia exports on Office Machine Parts were Netherlands ($87.3k), Singapore ($37.2k), Australia ($12.7k), Poland ($10.9k), and Turkey ($7.8k).

In 2023, Mongolia imported $20M in Office Machine Parts, mainly from China ($6.83M), Hong Kong ($5.38M), Singapore ($2.8M), Malaysia ($1.76M), and Chinese Taipei ($686k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Netherlands$87.3k (1%)
Singapore$20.6k (124%)
Australia$12.5k (7.81k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Mongolia WERE (2022 - 2023):
South Korea-$212k (-100%)
Malaysia-$29.3k (-100%)
Chinese Taipei-$21k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Office Machine Parts were:
In 2023, Mongolia's main importing competitors in Office Machine Parts were:

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Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $23.4k
TOP IMPORT POTENTIALChina+ $2.59M

Office Machine Parts’s highest export potential is Malaysia. With an export gap of $23.4k.   Office Machine Parts’s highest import potential is China with an import gap of $2.59M.

See methodology.

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