2023
Exports
$1.02kWorld Rnk 173 / 197
Flag Rnk 400 / 494
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$4.46MWorld Rnk 98 / 224
Flag Rnk 208 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $1.02k in Tea, making it the 173rd largest exporter of Tea in the world. At the same year, Tea was the 400th most exported product in Mongolia. The main destination of Tea exports from Mongolia are: France ($620), Ireland ($240), Austria ($63), Belgium ($52), and Switzerland ($24).

The fastest growing export markets for Tea of Mongolia between 2022 and 2023 were Ireland ($171), Belgium ($52), and Austria ($50).

Imports In 2023, Mongolia imported $4.46M in Tea, becoming the 98th largest importer of Tea in the world. At the same year, Tea was the 208th most imported product in Mongolia. Mongolia imports Tea primarily from: Sri Lanka ($1.28M), China ($941k), Kazakhstan ($930k), Georgia ($457k), and United Arab Emirates ($331k).

The fastest growing import markets in Tea for Mongolia between 2022 and 2023 were Kazakhstan ($791k), United Arab Emirates ($279k), and Sri Lanka ($86.9k).

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 Tea. 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)$1.02k
IMPORTS (2023)$4.46M
NET TRADE (2023)-$4.46M

In 2023, Mongolia exported $1.02k in Tea. The main destinations of Mongolia exports on Tea were France ($620), Ireland ($240), Austria ($63), Belgium ($52), and Switzerland ($24).

In 2023, Mongolia imported $4.46M in Tea, mainly from Sri Lanka ($1.28M), China ($941k), Kazakhstan ($930k), Georgia ($457k), and United Arab Emirates ($331k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Ireland$171 (248%)
Belgium$52 (1%)
Austria$50 (385%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Mongolia WERE (2022 - 2023):
South Korea-$27.7k (-100%)
United States-$8.94k (-100%)
France-$585 (-48.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Tea were:
China $1.39B
Kenya $1.37B
In 2023, Mongolia's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18k
TOP IMPORT POTENTIALChina+ $893k

Tea’s highest export potential is United States. With an export gap of $18k.   Tea’s highest import potential is China with an import gap of $893k.

See methodology.

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