2022
Exports
$241kWorld Rnk 111 / 186
Flag Rnk 136 / 652
2022
PRODUCT COMPLEXITY IN Other Pure Vegetable Oils
-0.9Rnk 810 / 1025
2022
Imports
$1.58MWorld Rnk 118 / 221
Flag Rnk 379 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $241k in Other Pure Vegetable Oils, making it the 111th largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 136th most exported product in Mongolia. The main destination of Other Pure Vegetable Oils exports from Mongolia are: Chinese Taipei ($113k), Japan ($76.7k), Germany ($41.7k), Singapore ($6.48k), and United States ($2.92k).

The fastest growing export markets for Other Pure Vegetable Oils of Mongolia between 2021 and 2022 were Japan ($55.6k), Chinese Taipei ($21.4k), and Germany ($13k).

Imports In 2022, Mongolia imported $1.58M in Other Pure Vegetable Oils, becoming the 118th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 379th most imported product in Mongolia. Mongolia imports Other Pure Vegetable Oils primarily from: South Korea ($732k), Malaysia ($605k), China ($57k), Japan ($40.8k), and Mexico ($40k).

The fastest growing import markets in Other Pure Vegetable Oils for Mongolia between 2021 and 2022 were Malaysia ($193k), South Korea ($128k), and Japan ($31.4k).

Latest Trends

Oct 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 Pure Vegetable Oils. 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)$241k
IMPORTS (2022)$1.58M
NET TRADE (2022)-$1.34M

In 2022, Mongolia exported $241k in Other Pure Vegetable Oils. The main destinations of Mongolia exports on Other Pure Vegetable Oils were Chinese Taipei ($113k), Japan ($76.7k), Germany ($41.7k), Singapore ($6.48k), and United States ($2.92k).

In 2022, Mongolia imported $1.58M in Other Pure Vegetable Oils, mainly from South Korea ($732k), Malaysia ($605k), China ($57k), Japan ($40.8k), and Mexico ($40k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Japan$55.6k (264%)
Chinese Taipei$21.4k (23.3%)
Germany$13k (45.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Mongolia WERE (2021 - 2022):
South Korea-$399 (-97.6%)
Singapore-$58 (-0.89%)
Switzerland-$57 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Mongolia's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJapan+ $42.7k
TOP IMPORT POTENTIALChina+ $91.6k

Other Pure Vegetable Oils’s highest export potential is Japan. With an export gap of $42.7k.   Other Pure Vegetable Oils’s highest import potential is China with an import gap of $91.6k.

See methodology.

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