2022
Exports
$331kWorld Rnk 100 / 180
Flag Rnk 114 / 652
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$5.27MWorld Rnk 116 / 222
Flag Rnk 216 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $331k in Spark-Ignition Engines, making it the 100th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 114th most exported product in Mongolia. The main destination of Spark-Ignition Engines exports from Mongolia are: Canada ($325k), Portugal ($3.12k), Kyrgyzstan ($2.5k), and Germany ($500).

The fastest growing export markets for Spark-Ignition Engines of Mongolia between 2021 and 2022 were Canada ($325k), Portugal ($3.12k), and Kyrgyzstan ($2.5k).

Imports In 2022, Mongolia imported $5.27M in Spark-Ignition Engines, becoming the 116th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 216th most imported product in Mongolia. Mongolia imports Spark-Ignition Engines primarily from: Japan ($4.45M), China ($401k), Germany ($125k), South Korea ($97.3k), and Russia ($62.8k).

The fastest growing import markets in Spark-Ignition Engines for Mongolia between 2021 and 2022 were Japan ($600k), China ($154k), and Germany ($67.8k).

Latest Trends

Oct 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 Spark-Ignition Engines. 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 (2022)$331k
IMPORTS (2022)$5.27M
NET TRADE (2022)-$4.94M

In 2022, Mongolia exported $331k in Spark-Ignition Engines. The main destinations of Mongolia exports on Spark-Ignition Engines were Canada ($325k), Portugal ($3.12k), Kyrgyzstan ($2.5k), and Germany ($500).

In 2022, Mongolia imported $5.27M in Spark-Ignition Engines, mainly from Japan ($4.45M), China ($401k), Germany ($125k), South Korea ($97.3k), and Russia ($62.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Canada$325k (1%)
Portugal$3.12k (1%)
Kyrgyzstan$2.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Mongolia WERE (2021 - 2022):Sudan-$170k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Spark-Ignition Engines were:
In 2022, Mongolia's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $156k
TOP IMPORT POTENTIALChina+ $705k

Spark-Ignition Engines’s highest export potential is Canada. With an export gap of $156k.   Spark-Ignition Engines’s highest import potential is China with an import gap of $705k.

See methodology.

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