2022
Exports
$720kWorld Rnk 81 / 213
Flag Rnk 82 / 652
2022
PRODUCT COMPLEXITY IN Other Footwear
-0.74Rnk 766 / 1025
2022
Imports
$3.11MWorld Rnk 109 / 220
Flag Rnk 289 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $720k in Other Footwear, making it the 81st largest exporter of Other Footwear in the world. At the same year, Other Footwear was the 82nd most exported product in Mongolia. The main destination of Other Footwear exports from Mongolia are: Norway ($313k), China ($107k), Netherlands ($97.4k), Russia ($74.1k), and Japan ($30.5k).

The fastest growing export markets for Other Footwear of Mongolia between 2021 and 2022 were Netherlands ($42.6k), Norway ($41.6k), and Germany ($14.5k).

Imports In 2022, Mongolia imported $3.11M in Other Footwear, becoming the 109th largest importer of Other Footwear in the world. At the same year, Other Footwear was the 289th most imported product in Mongolia. Mongolia imports Other Footwear primarily from: China ($828k), Russia ($637k), United States ($409k), Turkey ($383k), and South Korea ($278k).

The fastest growing import markets in Other Footwear for Mongolia between 2021 and 2022 were China ($345k), United States ($253k), and Vietnam ($207k).

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 Other Footwear. 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)$720k
IMPORTS (2022)$3.11M
NET TRADE (2022)-$2.39M

In 2022, Mongolia exported $720k in Other Footwear. The main destinations of Mongolia exports on Other Footwear were Norway ($313k), China ($107k), Netherlands ($97.4k), Russia ($74.1k), and Japan ($30.5k).

In 2022, Mongolia imported $3.11M in Other Footwear, mainly from China ($828k), Russia ($637k), United States ($409k), Turkey ($383k), and South Korea ($278k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Footwear EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Netherlands$42.6k (77.8%)
Norway$41.6k (15.3%)
Germany$14.5k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Footwear BY Mongolia WERE (2021 - 2022):
China-$72.2k (-40.4%)
Canada-$12.2k (-97.8%)
United States-$11.7k (-56.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Footwear were:
China $1.58B
Italy $318M
In 2022, Mongolia's main importing competitors in Other Footwear were:

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Trade Value of Other Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $127k
TOP IMPORT POTENTIALChina+ $769k

Other Footwear’s highest export potential is China. With an export gap of $127k.   Other Footwear’s highest import potential is China with an import gap of $769k.

See methodology.

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