2023
Exports
$5.85kWorld Rnk 197 / 219
Flag Rnk 78 / 86
2023
PRODUCT COMPLEXITY IN Soap, cleaners, candles, dental, modelling pastes
1.24Rnk 92 / 1025
2023
Imports
$36.8MWorld Rnk 138 / 226
Flag Rnk 26 / 96
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $5.85k in Soap, cleaners, candles, dental, modelling pastes, making it the 197th largest exporter of Soap, cleaners, candles, dental, modelling pastes in the world. At the same year, Soap, cleaners, candles, dental, modelling pastes was the 78th most exported product in Mongolia. The main destination of Soap, cleaners, candles, dental, modelling pastes exports from Mongolia are: Canada ($3.86k), Czechia ($1.07k), Kazakhstan ($462), Chinese Taipei ($225), and China ($160).

The fastest growing export markets for Soap, cleaners, candles, dental, modelling pastes of Mongolia between 2022 and 2023 were Canada ($3.65k), Czechia ($1.05k), and Chinese Taipei ($225).

Imports In 2023, Mongolia imported $36.8M in Soap, cleaners, candles, dental, modelling pastes, becoming the 138th largest importer of Soap, cleaners, candles, dental, modelling pastes in the world. At the same year, Soap, cleaners, candles, dental, modelling pastes was the 26th most imported product in Mongolia. Mongolia imports Soap, cleaners, candles, dental, modelling pastes primarily from: China ($14.5M), Turkey ($5.18M), Germany ($3.9M), Singapore ($2.28M), and Japan ($2.06M).

The fastest growing import markets in Soap, cleaners, candles, dental, modelling pastes for Mongolia between 2022 and 2023 were China ($6.51M), Czechia ($1.67M), and Singapore ($1.51M).

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 Soap, cleaners, candles, dental, modelling pastes. 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)$5.85k
IMPORTS (2023)$36.8M
NET TRADE (2023)-$36.8M

In 2023, Mongolia exported $5.85k in Soap, cleaners, candles, dental, modelling pastes. The main destinations of Mongolia exports on Soap, cleaners, candles, dental, modelling pastes were Canada ($3.86k), Czechia ($1.07k), Kazakhstan ($462), Chinese Taipei ($225), and China ($160).

In 2023, Mongolia imported $36.8M in Soap, cleaners, candles, dental, modelling pastes, mainly from China ($14.5M), Turkey ($5.18M), Germany ($3.9M), Singapore ($2.28M), and Japan ($2.06M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soap, cleaners, candles, dental, modelling pastes EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Canada$3.65k (1.75k%)
Czechia$1.05k (4.78k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap, cleaners, candles, dental, modelling pastes BY Mongolia WERE (2022 - 2023):
South Korea-$48k (-100%)
Russia-$12.2k (-100%)
Sudan-$5.91k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Soap, cleaners, candles, dental, modelling pastes were:
In 2023, Mongolia's main importing competitors in Soap, cleaners, candles, dental, modelling pastes were:

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Trade Value of Soap, cleaners, candles, dental, modelling pastes by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $32.1k
TOP IMPORT POTENTIALChina+ $7.3M

Soap, cleaners, candles, dental, modelling pastes’s highest export potential is Russia. With an export gap of $32.1k.   Soap, cleaners, candles, dental, modelling pastes’s highest import potential is China with an import gap of $7.3M.

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