2023
Exports
$53World Rnk 179 / 186
Flag Rnk 479 / 494
2023
PRODUCT COMPLEXITY IN Raw Sugar
-1.88Rnk 988 / 1025
2023
Imports
$23.9MWorld Rnk 123 / 225
Flag Rnk 51 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $53 in Raw Sugar, making it the 179th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 479th most exported product in Mongolia. The main destination of Raw Sugar exports from Mongolia are: Netherlands ($53).

The fastest growing export markets for Raw Sugar of Mongolia between 2022 and 2023 were Netherlands ($53).

Imports In 2023, Mongolia imported $23.9M in Raw Sugar, becoming the 123rd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 51st most imported product in Mongolia. Mongolia imports Raw Sugar primarily from: China ($21.6M), Thailand ($1.3M), Saudi Arabia ($596k), Germany ($218k), and Poland ($139k).

The fastest growing import markets in Raw Sugar for Mongolia between 2022 and 2023 were China ($21.1M), Poland ($76k), and Germany ($35.9k).

Latest Trends

Dec 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 Raw Sugar. 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 (2023)$53
IMPORTS (2023)$23.9M
NET TRADE (2023)-$23.9M

In 2023, Mongolia exported $53 in Raw Sugar. The main destinations of Mongolia exports on Raw Sugar were Netherlands ($53).

In 2023, Mongolia imported $23.9M in Raw Sugar, mainly from China ($21.6M), Thailand ($1.3M), Saudi Arabia ($596k), Germany ($218k), and Poland ($139k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):Netherlands$53 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Mongolia WERE (2022 - 2023):Russia-$731 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Raw Sugar were:
Brazil $16.2B
India $3.97B
In 2023, Mongolia's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $2.05k
TOP IMPORT POTENTIALIndia+ $1.45M

Raw Sugar’s highest export potential is Russia. With an export gap of $2.05k.   Raw Sugar’s highest import potential is India with an import gap of $1.45M.

See methodology.

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