2021
Exports | Imports
$136M | $32.1kWorld Rnk 21 / 109
Flag Rnk 9 / 619
World Rnk 0 / 0
Flag Rnk 0 / 0
2021
ECONOMIC COMPLEXITY of Mongolia
-1.23Rnk 117 / 131
2021
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.73Rnk 974 / 1024

About

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.

Latest Trends

Dec 2023

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

Trade Balance

Color
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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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Mongolia WERE (2020 - 2021):
Russia$49.5M (814%)
Hong Kong$1.12M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Mongolia WERE (2020 - 2021):
China-$42.7M (-35%)
Germany-$747k (-100%)
New Zealand-$292k (-100%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
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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Trade Value of Precious Metal Ore by Exporters

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