2022
Exports
$32kWorld Rnk 106 / 187
Flag Rnk 265 / 652
2022
PRODUCT COMPLEXITY IN Opto-Electric Instrument Parts
1.05Rnk 150 / 1025
2022
Imports
$2.16MWorld Rnk 83 / 220
Flag Rnk 331 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $32k in Opto-Electric Instrument Parts, making it the 106th largest exporter of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 265th most exported product in Mongolia. The main destination of Opto-Electric Instrument Parts exports from Mongolia are: Poland ($24k), Germany ($4.03k), Chinese Taipei ($2k), Japan ($1.44k), and South Korea ($260).

The fastest growing export markets for Opto-Electric Instrument Parts of Mongolia between 2021 and 2022 were Poland ($23.1k), Japan ($1.44k), and Chinese Taipei ($1.22k).

Imports In 2022, Mongolia imported $2.16M in Opto-Electric Instrument Parts, becoming the 83rd largest importer of Opto-Electric Instrument Parts in the world. At the same year, Opto-Electric Instrument Parts was the 331st most imported product in Mongolia. Mongolia imports Opto-Electric Instrument Parts primarily from: Japan ($652k), Mexico ($411k), Australia ($231k), United Kingdom ($155k), and South Korea ($119k).

The fastest growing import markets in Opto-Electric Instrument Parts for Mongolia between 2021 and 2022 were Mexico ($255k), Japan ($176k), and South Korea ($95k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Opto-Electric Instrument Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$32k
IMPORTS (2022)$2.16M
NET TRADE (2022)-$2.13M

In 2022, Mongolia exported $32k in Opto-Electric Instrument Parts. The main destinations of Mongolia exports on Opto-Electric Instrument Parts were Poland ($24k), Germany ($4.03k), Chinese Taipei ($2k), Japan ($1.44k), and South Korea ($260).

In 2022, Mongolia imported $2.16M in Opto-Electric Instrument Parts, mainly from Japan ($652k), Mexico ($411k), Australia ($231k), United Kingdom ($155k), and South Korea ($119k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Opto-Electric Instrument Parts EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Poland$23.1k (2.82k%)
Japan$1.44k (1%)
Chinese Taipei$1.22k (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Opto-Electric Instrument Parts BY Mongolia WERE (2021 - 2022):
Germany-$25.4k (-86.3%)
Belgium-$2.98k (-100%)
South Korea-$750 (-74.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mongolia's main exporting competitors in Opto-Electric Instrument Parts were:
In 2022, Mongolia's main importing competitors in Opto-Electric Instrument Parts were:

Explore Visualizations

Trade Value of Opto-Electric Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.61k
TOP IMPORT POTENTIALChina+ $175k

Opto-Electric Instrument Parts’s highest export potential is Germany. With an export gap of $7.61k.   Opto-Electric Instrument Parts’s highest import potential is China with an import gap of $175k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with