Palm Oil in Mongolia | The Observatory of Economic Complexity

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Imports In 2022, Mongolia imported $8.45M in Palm Oil, becoming the 129th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 157th most imported product in Mongolia. Mongolia imports Palm Oil primarily from: Malaysia ($5.84M), Indonesia ($1.61M), China ($802k), Russia ($200k), and United States ($270).

The fastest growing import markets in Palm Oil for Mongolia between 2021 and 2022 were Malaysia ($2.22M), Indonesia ($1.28M), and Russia ($132k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Palm Oil from Mongolia to the United States.

Feb 2024

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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 Palm Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2019)$63

IMPORTS (2022)$8.45M

NET TRADE (2022)-$8.45M

In 2022, Mongolia imported $8.45M in Palm Oil, mainly from Malaysia ($5.84M), Indonesia ($1.61M), China ($802k), Russia ($200k), and United States ($270).