2022
Exports
$10kWorld Rnk 73 / 153
Flag Rnk 338 / 652
2022
PRODUCT COMPLEXITY IN Pianos
0.9Rnk 205 / 1025
2022
Imports
$1.2MWorld Rnk 58 / 191
Flag Rnk 407 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $10k in Pianos, making it the 73rd largest exporter of Pianos in the world. At the same year, Pianos was the 338th most exported product in Mongolia. The main destination of Pianos exports from Mongolia are: South Korea ($10k).

The fastest growing export markets for Pianos of Mongolia between 2021 and 2022 were South Korea ($9.92k).

Imports In 2022, Mongolia imported $1.2M in Pianos, becoming the 58th largest importer of Pianos in the world. At the same year, Pianos was the 407th most imported product in Mongolia. Mongolia imports Pianos primarily from: China ($253k), Indonesia ($165k), Malaysia ($154k), Switzerland ($142k), and Italy ($137k).

The fastest growing import markets in Pianos for Mongolia between 2021 and 2022 were Switzerland ($139k), Italy ($137k), and China ($137k).

Latest Trends

Sep 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 Pianos. 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)$10k
IMPORTS (2022)$1.2M
NET TRADE (2022)-$1.19M

In 2022, Mongolia exported $10k in Pianos. The main destinations of Mongolia exports on Pianos were South Korea ($10k).

In 2022, Mongolia imported $1.2M in Pianos, mainly from China ($253k), Indonesia ($165k), Malaysia ($154k), Switzerland ($142k), and Italy ($137k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pianos EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):South Korea$9.92k (12.4k%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Pianos by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $2.15k
TOP IMPORT POTENTIALChina+ $76.8k

Pianos’s highest export potential is South Korea. With an export gap of $2.15k.   Pianos’s highest import potential is China with an import gap of $76.8k.

See methodology.

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