2022
Exports
$31.5kWorld Rnk 143 / 207
Flag Rnk 266 / 652
2022
PRODUCT COMPLEXITY IN Orthopedic Appliances
0.98Rnk 180 / 1025
2022
Imports
$11.1MWorld Rnk 100 / 221
Flag Rnk 125 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $31.5k in Orthopedic Appliances, making it the 143rd largest exporter of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 266th most exported product in Mongolia. The main destination of Orthopedic Appliances exports from Mongolia are: South Korea ($21.9k), China ($5k), United States ($3k), United Kingdom ($1.66k), and Hong Kong ($10).

The fastest growing export markets for Orthopedic Appliances of Mongolia between 2021 and 2022 were South Korea ($13.4k), China ($5k), and United States ($3k).

Imports In 2022, Mongolia imported $11.1M in Orthopedic Appliances, becoming the 100th largest importer of Orthopedic Appliances in the world. At the same year, Orthopedic Appliances was the 125th most imported product in Mongolia. Mongolia imports Orthopedic Appliances primarily from: South Korea ($2.13M), China ($1.82M), Germany ($1.6M), Belgium ($1.31M), and United States ($990k).

The fastest growing import markets in Orthopedic Appliances for Mongolia between 2021 and 2022 were South Korea ($913k), Germany ($814k), and China ($631k).

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 Orthopedic Appliances. 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)$31.5k
IMPORTS (2022)$11.1M
NET TRADE (2022)-$11.1M

In 2022, Mongolia exported $31.5k in Orthopedic Appliances. The main destinations of Mongolia exports on Orthopedic Appliances were South Korea ($21.9k), China ($5k), United States ($3k), United Kingdom ($1.66k), and Hong Kong ($10).

In 2022, Mongolia imported $11.1M in Orthopedic Appliances, mainly from South Korea ($2.13M), China ($1.82M), Germany ($1.6M), Belgium ($1.31M), and United States ($990k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Orthopedic Appliances EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$13.4k (158%)
China$5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Orthopedic Appliances BY Mongolia WERE (2021 - 2022):
United Kingdom-$5.38k (-76.4%)
Denmark-$1.96k (-100%)
Ireland-$700 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Orthopedic Appliances were:
In 2022, Mongolia's main importing competitors in Orthopedic Appliances were:

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Trade Value of Orthopedic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $25.8k
TOP IMPORT POTENTIALChina+ $1.6M

Orthopedic Appliances’s highest export potential is China. With an export gap of $25.8k.   Orthopedic Appliances’s highest import potential is China with an import gap of $1.6M.

See methodology.

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