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2021
Exports $1.43kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Sausages0.15Rnk 503 / 1025
2021
Imports $436kWorld Rnk 171 / 221
Flag Rnk 586 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $436k in Sausages, becoming the 171st largest importer of Sausages in the world. At the same year, Sausages was the 586th most imported product in Mongolia. Mongolia imports Sausages primarily from: Germany ($120k), Russia ($118k), South Korea ($82.8k), United Kingdom ($56.5k), and Spain ($23.2k).

The fastest growing import markets in Sausages for Mongolia between 2021 and 2022 were United Kingdom ($56.5k), Russia ($51.5k), and Germany ($29.4k).

Latest Trends

Aug 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 Sausages. 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)$1.43k
IMPORTS (2022)$436k
NET TRADE (2022)-$436k

In 2022, Mongolia imported $436k in Sausages, mainly from Germany ($120k), Russia ($118k), South Korea ($82.8k), United Kingdom ($56.5k), and Spain ($23.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sausages BY Mongolia WERE (N/A - 2021):Ireland-$1.43k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Sausages were:
Germany $864M
United States $759M
Italy $723M
In 2022, Mongolia's main importing competitors in Sausages were:
Germany $811M
United Kingdom $754M
France $467M

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Trade Value of Sausages by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $419
TOP IMPORT POTENTIALGermany+ $57.6k

Sausages’s highest export potential is Germany. With an export gap of $419.   Sausages’s highest import potential is Germany with an import gap of $57.6k.

See methodology.

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