2022
Exports
$39World Rnk 141 / 146
Flag Rnk 623 / 652
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$889kWorld Rnk 132 / 218
Flag Rnk 473 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $39 in Pure Olive Oil, making it the 141st largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 623rd most exported product in Mongolia. The main destination of Pure Olive Oil exports from Mongolia are: South Korea ($39).

The fastest growing export markets for Pure Olive Oil of Mongolia between N/A and 2022 were South Korea ($39).

Imports In 2022, Mongolia imported $889k in Pure Olive Oil, becoming the 132nd largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 473rd most imported product in Mongolia. Mongolia imports Pure Olive Oil primarily from: Italy ($509k), Spain ($144k), South Korea ($75.2k), Turkey ($61.1k), and Poland ($28.7k).

The fastest growing import markets in Pure Olive Oil for Mongolia between 2021 and 2022 were Italy ($148k), Poland ($13.9k), and China ($9.58k).

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 Pure Olive 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$39
IMPORTS (2022)$889k
NET TRADE (2022)-$889k

In 2022, Mongolia exported $39 in Pure Olive Oil. The main destinations of Mongolia exports on Pure Olive Oil were South Korea ($39).

In 2022, Mongolia imported $889k in Pure Olive Oil, mainly from Italy ($509k), Spain ($144k), South Korea ($75.2k), Turkey ($61.1k), and Poland ($28.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):South Korea$39 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Mongolia's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $554
TOP IMPORT POTENTIALSpain+ $158k

Pure Olive Oil’s highest export potential is United States. With an export gap of $554.   Pure Olive Oil’s highest import potential is Spain with an import gap of $158k.

See methodology.

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