Refined Petroleum in   Mongolia

Exports In 2021, Mongolia exported $423k in Refined Petroleum, making it the 165th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 92nd most exported product in Mongolia. The main destination of Refined Petroleum exports from Mongolia are: United States ($169k), Turkey ($120k), Singapore ($99.4k), South Korea ($34.6k), and Germany ($20).

The fastest growing export markets for Refined Petroleum of Mongolia between 2020 and 2021 were United States ($169k) and Singapore ($99.4k).

Imports In 2021, Mongolia imported $1.01B in Refined Petroleum, becoming the 94th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Mongolia. Mongolia imports Refined Petroleum primarily from: Russia ($878M), China ($63.4M), South Korea ($19.7M), Japan ($12.8M), and Singapore ($12.4M).

The fastest growing import markets in Refined Petroleum for Mongolia between 2020 and 2021 were Russia ($182M), China ($18.6M), and Japan ($10.8M).

Tariffs In 2018, the average tariff for Mongolia in Refined Petroleum was 3.88%. The countries with the highest import tariffs for Refined Petroleum were Angola (Most Favoured Nation duty rate treatment, 3.89%), Burundi (Most Favoured Nation duty rate treatment, 3.89%), Benin (Most Favoured Nation duty rate treatment, 3.89%), Burkina Faso (Most Favoured Nation duty rate treatment, 3.89%), and Botswana (Most Favoured Nation duty rate treatment, 3.89%).