2021
Exports
$62.5kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2021
Imports
$321kWorld Rnk 135 / 215
Flag Rnk 640 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $321k in Silicone, becoming the 135th largest importer of Silicone in the world. At the same year, Silicone was the 640th most imported product in Mongolia. Mongolia imports Silicone primarily from: China ($188k), South Korea ($95.3k), Lithuania ($9k), United States ($4.38k), and Italy ($4.11k).

The fastest growing import markets in Silicone for Mongolia between 2021 and 2022 were China ($153k), South Korea ($63.1k), and Lithuania ($8.19k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Silicone. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2021)$62.5k
IMPORTS (2022)$321k
NET TRADE (2022)-$321k

In 2022, Mongolia imported $321k in Silicone, mainly from China ($188k), South Korea ($95.3k), Lithuania ($9k), United States ($4.38k), and Italy ($4.11k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Mongolia WERE (N/A - 2021):
Hungary-$62.5k (-100%)
South Korea-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mongolia's main exporting competitors in Silicone were:
In 2022, Mongolia's main importing competitors in Silicone were:

Explore Visualizations

Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $637
TOP IMPORT POTENTIALChina+ $219k

Silicone’s highest export potential is China. With an export gap of $637.   Silicone’s highest import potential is China with an import gap of $219k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with