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2023
Exports $123World Rnk 188 / 198
Flag Rnk 468 / 494
2023
Destination $109 France
2022 - 2023
FASTEST GROWING MARKET $109France
2023
PRODUCT COMPLEXITY IN Spices-1.59Rnk 959 / 1025
2023
Imports $140kWorld Rnk 185 / 224
Flag Rnk 636 / 1005
2023
Origin $16k China
2022 - 2023
FASTEST GROWING ORIGIN $16kPoland
2023
ECONOMIC COMPLEXITY of Mongolia-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $123 in Spices, making it the 188th largest exporter of Spices in the world. At the same year, Spices was the 468th most exported product in Mongolia. The main destination of Spices exports from Mongolia are: France ($109) and Netherlands ($14).

The fastest growing export markets for Spices of Mongolia between 2022 and 2023 were France ($109) and Netherlands ($14).

Imports In 2023, Mongolia imported $140k in Spices, becoming the 185th largest importer of Spices in the world. At the same year, Spices was the 636th most imported product in Mongolia. Mongolia imports Spices primarily from: China ($65.4k), Poland ($27.6k), Thailand ($15.7k), Germany ($15.6k), and India ($6.09k).

The fastest growing import markets in Spices for Mongolia between 2022 and 2023 were Poland ($16k), Germany ($6.59k), and Spain ($3.04k).

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 Spices. 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)$123
IMPORTS (2023)$140k
NET TRADE (2023)-$140k

In 2023, Mongolia exported $123 in Spices. The main destinations of Mongolia exports on Spices were France ($109) and Netherlands ($14).

In 2023, Mongolia imported $140k in Spices, mainly from China ($65.4k), Poland ($27.6k), Thailand ($15.7k), Germany ($15.6k), and India ($6.09k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
France$109 (1%)
Netherlands$14 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Mongolia WERE (2022 - 2023):South Korea-$3 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Spices were:
China $641M
India $509M
Germany $172M
In 2023, Mongolia's main importing competitors in Spices were:
United States $422M
Netherlands $241M
Germany $209M

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $477
TOP IMPORT POTENTIALChina+ $116k

Spices’s highest export potential is China. With an export gap of $477.   Spices’s highest import potential is China with an import gap of $116k.

See methodology.

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