2023
Exports
$3.43MWorld Rnk 52 / 178
Flag Rnk 34 / 494
2023
PRODUCT COMPLEXITY IN Other Mineral
-1.39Rnk 923 / 1025
2023
Imports
$38.6kWorld Rnk 151 / 202
Flag Rnk 768 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $3.43M in Other Mineral, making it the 52nd largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 34th most exported product in Mongolia. The main destination of Other Mineral exports from Mongolia are: Japan ($3.38M), China ($19.7k), United States ($16.4k), Ireland ($6.42k), and Czechia ($3.78k).

The fastest growing export markets for Other Mineral of Mongolia between 2022 and 2023 were Japan ($1.22M), United States ($16.4k), and China ($12.2k).

Imports In 2023, Mongolia imported $38.6k in Other Mineral, becoming the 151st largest importer of Other Mineral in the world. At the same year, Other Mineral was the 768th most imported product in Mongolia. Mongolia imports Other Mineral primarily from: China ($21.9k) and Japan ($16.7k).

The fastest growing import markets in Other Mineral for Mongolia between 2022 and 2023 were Japan ($16.7k).

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 Other Mineral. 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)$3.43M
IMPORTS (2023)$38.6k
NET TRADE (2023)$3.39M

In 2023, Mongolia exported $3.43M in Other Mineral. The main destinations of Mongolia exports on Other Mineral were Japan ($3.38M), China ($19.7k), United States ($16.4k), Ireland ($6.42k), and Czechia ($3.78k).

In 2023, Mongolia imported $38.6k in Other Mineral, mainly from China ($21.9k) and Japan ($16.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Japan$1.22M (56.6%)
United States$16.4k (1%)
China$12.2k (163%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Mongolia WERE (2022 - 2023):
Australia-$2.43k (-54.6%)
Canada-$2.34k (-100%)
South Korea-$69 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Other Mineral were:
In 2023, Mongolia's main importing competitors in Other Mineral were:

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $80.4k
TOP IMPORT POTENTIALChina+ $43.8k

Other Mineral’s highest export potential is China. With an export gap of $80.4k.   Other Mineral’s highest import potential is China with an import gap of $43.8k.

See methodology.

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