2022
Exports
$61.2kWorld Rnk 156 / 214
Flag Rnk 221 / 652
2022
PRODUCT COMPLEXITY IN Telephones
0.51Rnk 360 / 1025
2022
Imports
$7.99MWorld Rnk 126 / 222
Flag Rnk 167 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $61.2k in Telephones, making it the 156th largest exporter of Telephones in the world. At the same year, Telephones was the 221st most exported product in Mongolia. The main destination of Telephones exports from Mongolia are: Singapore ($30.8k), Hong Kong ($15.5k), Switzerland ($5.1k), Estonia ($3.3k), and China ($3.09k).

The fastest growing export markets for Telephones of Mongolia between 2021 and 2022 were Singapore ($26.4k), Switzerland ($5.06k), and Estonia ($3.3k).

Imports In 2022, Mongolia imported $7.99M in Telephones, becoming the 126th largest importer of Telephones in the world. At the same year, Telephones was the 167th most imported product in Mongolia. Mongolia imports Telephones primarily from: China ($5.95M), Estonia ($494k), Vietnam ($292k), Finland ($253k), and South Korea ($195k).

The fastest growing import markets in Telephones for Mongolia between 2021 and 2022 were Finland ($216k), Estonia ($215k), and Kazakhstan ($153k).

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 Telephones. 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)$61.2k
IMPORTS (2022)$7.99M
NET TRADE (2022)-$7.93M

In 2022, Mongolia exported $61.2k in Telephones. The main destinations of Mongolia exports on Telephones were Singapore ($30.8k), Hong Kong ($15.5k), Switzerland ($5.1k), Estonia ($3.3k), and China ($3.09k).

In 2022, Mongolia imported $7.99M in Telephones, mainly from China ($5.95M), Estonia ($494k), Vietnam ($292k), Finland ($253k), and South Korea ($195k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Telephones EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Singapore$26.4k (600%)
Switzerland$5.06k (14.9k%)
Estonia$3.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Telephones BY Mongolia WERE (2021 - 2022):
Hong Kong-$17.8k (-53.4%)
China-$10.1k (-76.6%)
United States-$6.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Telephones were:
In 2022, Mongolia's main importing competitors in Telephones were:
China $21.3B
Vietnam $9.43B

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Trade Value of Telephones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $169k
TOP IMPORT POTENTIALChina+ $87.3M

Telephones’s highest export potential is Canada. With an export gap of $169k.   Telephones’s highest import potential is China with an import gap of $87.3M.

See methodology.

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