2023
Exports
$85.3MWorld Rnk 28 / 170
Flag Rnk 14 / 494
2023
PRODUCT COMPLEXITY IN Other Prepared Meat
0.007Rnk 556 / 1025
2023
Imports
$3.56MWorld Rnk 137 / 226
Flag Rnk 232 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $85.3M in Other Prepared Meat, making it the 28th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 14th most exported product in Mongolia. The main destination of Other Prepared Meat exports from Mongolia are: China ($85.2M) and Japan ($29.1k).

The fastest growing export markets for Other Prepared Meat of Mongolia between 2022 and 2023 were China ($70.1M) and Japan ($3.64k).

Imports In 2023, Mongolia imported $3.56M in Other Prepared Meat, becoming the 137th largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 232nd most imported product in Mongolia. Mongolia imports Other Prepared Meat primarily from: China ($2.24M), Germany ($646k), Netherlands ($282k), Hungary ($168k), and France ($115k).

The fastest growing import markets in Other Prepared Meat for Mongolia between 2022 and 2023 were China ($210k), Germany ($208k), and Netherlands ($169k).

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 Prepared Meat. 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)$85.3M
IMPORTS (2023)$3.56M
NET TRADE (2023)$81.7M

In 2023, Mongolia exported $85.3M in Other Prepared Meat. The main destinations of Mongolia exports on Other Prepared Meat were China ($85.2M) and Japan ($29.1k).

In 2023, Mongolia imported $3.56M in Other Prepared Meat, mainly from China ($2.24M), Germany ($646k), Netherlands ($282k), Hungary ($168k), and France ($115k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
China$70.1M (464%)
Japan$3.64k (14.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Mongolia WERE (2022 - 2023):
Russia-$290k (-100%)
South Korea-$13 (-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 Prepared Meat were:
Germany $1.83B
China $1.69B
In 2023, Mongolia's main importing competitors in Other Prepared Meat were:

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Trade Value of Other Prepared Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $220k
TOP IMPORT POTENTIALChina+ $1.32M

Other Prepared Meat’s highest export potential is Russia. With an export gap of $220k.   Other Prepared Meat’s highest import potential is China with an import gap of $1.32M.

See methodology.

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