2022
Exports
$4.68MWorld Rnk 8 / 131
Flag Rnk 34 / 1518
falsefalse Belgium
2022
Imports
$16.1kWorld Rnk 60 / 114
Flag Rnk 2874 / 3730
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.68M in ores and concentrates nes, making it the 8th largest exporter of ores and concentrates nes in the world. At the same year, ores and concentrates nes was the 34th most exported product in Mongolia. The main destination of ores and concentrates nes exports from Mongolia are: Belgium ($4.68M) and Canada ($13).

Imports In 2022, Mongolia imported $16.1k in ores and concentrates nes, becoming the 60th largest importer of ores and concentrates nes in the world. At the same year, ores and concentrates nes was the 2874th most imported product in Mongolia. Mongolia imports ores and concentrates nes primarily from: New Zealand ($16k) and Canada ($166).

The fastest growing import markets in ores and concentrates nes for Mongolia between 2021 and 2022 were New Zealand ($9.48k) and Canada ($166).

Latest Trends

Jul 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 ores and concentrates nes. 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)$4.68M
IMPORTS (2022)$16.1k
NET TRADE (2022)$4.66M

In 2022, Mongolia exported $4.68M in ores and concentrates nes. The main destinations of Mongolia exports on ores and concentrates nes were Belgium ($4.68M) and Canada ($13).

In 2022, Mongolia imported $16.1k in ores and concentrates nes, mainly from New Zealand ($16k) and Canada ($166).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF ores and concentrates nes BY Mongolia WERE (2021 - 2022):
Belgium-$1.3M (-21.7%)
China-$103 (-100%)
Canada-$15 (-53.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in ores and concentrates nes were:
In 2022, Mongolia's main importing competitors in ores and concentrates nes were:
China $74.6M
Japan $17.6M

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Trade Value of ores and concentrates nes by Exporters

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