HS Icon Precious Metal Ore in  Flag Mongolia

2021
Exports | Imports
: $136M | $32.1k, World Rnk 21 / 109
Flag Rnk 9 / 619 | World Rnk 0 / 0
Flag Rnk 0 / 0

2021
ECONOMIC COMPLEXITY of Mongolia
: -1.23, Rnk 117 / 131

2021
PRODUCT COMPLEXITY IN Precious Metal Ore
: -1.68, Rnk 973 / 1029

Exports In 2021, Mongolia exported $136M in Precious Metal Ore, making it the 21st largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 9th most exported product in Mongolia. The main destination of Precious Metal Ore exports from Mongolia are: China ($79.2M), Russia ($55.6M), and Hong Kong ($1.12M).

The fastest growing export markets for Precious Metal Ore of Mongolia between 2020 and 2021 were Russia ($49.5M) and Hong Kong ($1.12M).

Imports In 2020, Mongolia imported $32.1k in Precious Metal Ore, becoming the 0th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 0th most imported product in Mongolia. Mongolia imports Precious Metal Ore primarily from: N/A.

Tariffs In 2018, the average tariff for Mongolia in Precious Metal Ore was 4.98%. The countries with the highest import tariffs for Precious Metal Ore were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Benin (Most Favoured Nation duty rate treatment, 5%), Burkina Faso (Most Favoured Nation duty rate treatment, 5%), and Botswana (Most Favoured Nation duty rate treatment, 5%).

Subnational Monthly Trade

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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 Precious Metal Ore. 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

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EXPORTS (2021): $136M

IMPORTS (2020): $32.1k

NET TRADE (2021): $136M

In 2021, Mongolia exported $136M in Precious Metal Ore. The main destinations of Mongolia exports on Precious Metal Ore were China ($79.2M), Russia ($55.6M), and Hong Kong ($1.12M).

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THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Mongolia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Mongolia WERE (2020 - 2021):

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Market Concentration

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In 2021, Mongolia's main exporting competitors in Precious Metal Ore were:

In 2021, Mongolia's main importing competitors in Precious Metal Ore were:

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