2022
Exports
$3.33kWorld Rnk 126 / 146
Flag Rnk 425 / 652
2022
PRODUCT COMPLEXITY IN Other Synthetic Fabrics
-0.22Rnk 620 / 1025
2022
Imports
$88.8kWorld Rnk 164 / 198
Flag Rnk 804 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $3.33k in Other Synthetic Fabrics, making it the 126th largest exporter of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 425th most exported product in Mongolia. The main destination of Other Synthetic Fabrics exports from Mongolia are: Italy ($3.32k) and South Korea ($18).

The fastest growing export markets for Other Synthetic Fabrics of Mongolia between N/A and 2022 were Italy ($3.32k) and South Korea ($18).

Imports In 2022, Mongolia imported $88.8k in Other Synthetic Fabrics, becoming the 164th largest importer of Other Synthetic Fabrics in the world. At the same year, Other Synthetic Fabrics was the 804th most imported product in Mongolia. Mongolia imports Other Synthetic Fabrics primarily from: India ($39.2k), South Korea ($26.4k), Russia ($15.4k), Turkey ($7.68k), and Germany ($70).

The fastest growing import markets in Other Synthetic Fabrics for Mongolia between 2021 and 2022 were South Korea ($23.6k), Russia ($15.1k), and Turkey ($2.67k).

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 Synthetic Fabrics. 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)$3.33k
IMPORTS (2022)$88.8k
NET TRADE (2022)-$85.5k

In 2022, Mongolia exported $3.33k in Other Synthetic Fabrics. The main destinations of Mongolia exports on Other Synthetic Fabrics were Italy ($3.32k) and South Korea ($18).

In 2022, Mongolia imported $88.8k in Other Synthetic Fabrics, mainly from India ($39.2k), South Korea ($26.4k), Russia ($15.4k), Turkey ($7.68k), and Germany ($70).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Synthetic Fabrics EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):
Italy$3.32k (1%)
South Korea$18 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Synthetic Fabrics were:
China $1.73B
India $400M
In 2022, Mongolia's main importing competitors in Other Synthetic Fabrics were:

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Trade Value of Other Synthetic Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $2.49k
TOP IMPORT POTENTIALIndia+ $30k

Other Synthetic Fabrics’s highest export potential is Italy. With an export gap of $2.49k.   Other Synthetic Fabrics’s highest import potential is India with an import gap of $30k.

See methodology.

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