2022
Exports
$19.7kWorld Rnk 95 / 146
Flag Rnk 295 / 652
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$313kWorld Rnk 140 / 209
Flag Rnk 646 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $19.7k in Petroleum Jelly, making it the 95th largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 295th most exported product in Mongolia. The main destination of Petroleum Jelly exports from Mongolia are: United States ($14.2k), Sri Lanka ($5.41k), and Russia ($174).

The fastest growing export markets for Petroleum Jelly of Mongolia between 2021 and 2022 were United States ($14.2k), Sri Lanka ($5.41k), and Russia ($174).

Imports In 2022, Mongolia imported $313k in Petroleum Jelly, becoming the 140th largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 646th most imported product in Mongolia. Mongolia imports Petroleum Jelly primarily from: India ($115k), South Korea ($102k), China ($84k), Russia ($5.87k), and Italy ($3.87k).

The fastest growing import markets in Petroleum Jelly for Mongolia between 2021 and 2022 were India ($115k), South Korea ($90.7k), and Russia ($5.01k).

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 Petroleum Jelly. 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)$19.7k
IMPORTS (2022)$313k
NET TRADE (2022)-$293k

In 2022, Mongolia exported $19.7k in Petroleum Jelly. The main destinations of Mongolia exports on Petroleum Jelly were United States ($14.2k), Sri Lanka ($5.41k), and Russia ($174).

In 2022, Mongolia imported $313k in Petroleum Jelly, mainly from India ($115k), South Korea ($102k), China ($84k), Russia ($5.87k), and Italy ($3.87k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
United States$14.2k (1%)
Sri Lanka$5.41k (1%)
Russia$174 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Mongolia WERE (2021 - 2022):South Korea-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Petroleum Jelly were:
In 2022, Mongolia's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.4k
TOP IMPORT POTENTIALChina+ $154k

Petroleum Jelly’s highest export potential is United States. With an export gap of $17.4k.   Petroleum Jelly’s highest import potential is China with an import gap of $154k.

See methodology.

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