2022
Exports
$24.8kWorld Rnk 165 / 201
Flag Rnk 70 / 92
2022
PRODUCT COMPLEXITY IN Sugars & confectioneries
-0.11Rnk 587 / 1025
2022
Imports
$100MWorld Rnk 99 / 224
Flag Rnk 19 / 96
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $24.8k in Sugars & confectioneries, making it the 165th largest exporter of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 70th most exported product in Mongolia. The main destination of Sugars & confectioneries exports from Mongolia are: South Korea ($20.5k), China ($1.5k), Russia ($981), Sweden ($862), and Czechia ($655).

The fastest growing export markets for Sugars & confectioneries of Mongolia between 2021 and 2022 were South Korea ($10.7k), Russia ($981), and Sweden ($521).

Imports In 2022, Mongolia imported $100M in Sugars & confectioneries, becoming the 99th largest importer of Sugars & confectioneries in the world. At the same year, Sugars & confectioneries was the 19th most imported product in Mongolia. Mongolia imports Sugars & confectioneries primarily from: China ($37.2M), India ($14.1M), Russia ($11.7M), Saudi Arabia ($6.67M), and Turkey ($5.11M).

The fastest growing import markets in Sugars & confectioneries for Mongolia between 2021 and 2022 were India ($6.76M), Saudi Arabia ($5.86M), and China ($5.82M).

Latest Trends

Jul 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 Sugars & confectioneries. 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)$24.8k
IMPORTS (2022)$100M
NET TRADE (2022)-$100M

In 2022, Mongolia exported $24.8k in Sugars & confectioneries. The main destinations of Mongolia exports on Sugars & confectioneries were South Korea ($20.5k), China ($1.5k), Russia ($981), Sweden ($862), and Czechia ($655).

In 2022, Mongolia imported $100M in Sugars & confectioneries, mainly from China ($37.2M), India ($14.1M), Russia ($11.7M), Saudi Arabia ($6.67M), and Turkey ($5.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sugars & confectioneries EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$10.7k (110%)
Russia$981 (1%)
Sweden$521 (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sugars & confectioneries BY Mongolia WERE (2021 - 2022):
China-$54.4k (-97.3%)
United States-$3.87k (-98.7%)
Switzerland-$1.72k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Sugars & confectioneries were:
Brazil $11.7B
India $6.72B
In 2022, Mongolia's main importing competitors in Sugars & confectioneries were:

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Trade Value of Sugars & confectioneries by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $18.2k
TOP IMPORT POTENTIALChina+ $2.71M

Sugars & confectioneries’s highest export potential is South Korea. With an export gap of $18.2k.   Sugars & confectioneries’s highest import potential is China with an import gap of $2.71M.

See methodology.

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