2022
Exports
$54.5MWorld Rnk 110 / 226
Flag Rnk 7 / 21
2022
PRODUCT COMPLEXITY IN Transportation
1.48Rnk 58 / 1025
2022
Imports
$1.66BWorld Rnk 92 / 226
Flag Rnk 2 / 21
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $54.5M in Transportation, making it the 110th largest exporter of Transportation in the world. At the same year, Transportation was the 7th most exported product in Mongolia. The main destination of Transportation exports from Mongolia are: Russia ($31.5M), Germany ($10.1M), Singapore ($2.5M), Kyrgyzstan ($1.91M), and China ($1.86M).

The fastest growing export markets for Transportation of Mongolia between 2021 and 2022 were Russia ($30.3M), Germany ($9.57M), and Kyrgyzstan ($1.91M).

Imports In 2022, Mongolia imported $1.66B in Transportation, becoming the 92nd largest importer of Transportation in the world. At the same year, Transportation was the 2nd most imported product in Mongolia. Mongolia imports Transportation primarily from: China ($664M), Japan ($454M), United States ($133M), Russia ($129M), and France ($90.4M).

The fastest growing import markets in Transportation for Mongolia between 2021 and 2022 were China ($110M), Japan ($81.1M), and United States ($74.2M).

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 Transportation. 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)$54.5M
IMPORTS (2022)$1.66B
NET TRADE (2022)-$1.61B

In 2022, Mongolia exported $54.5M in Transportation. The main destinations of Mongolia exports on Transportation were Russia ($31.5M), Germany ($10.1M), Singapore ($2.5M), Kyrgyzstan ($1.91M), and China ($1.86M).

In 2022, Mongolia imported $1.66B in Transportation, mainly from China ($664M), Japan ($454M), United States ($133M), Russia ($129M), and France ($90.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transportation EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$30.3M (2.7k%)
Germany$9.57M (1.95k%)
Kyrgyzstan$1.91M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transportation BY Mongolia WERE (2021 - 2022):
United States-$20.7M (-93%)
Sudan-$679k (-92.3%)
Netherlands-$354k (-92.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Transportation were:
In 2022, Mongolia's main importing competitors in Transportation were:

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Trade Value of Transportation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.97M
TOP IMPORT POTENTIALUnited States+ $36.6M

Transportation’s highest export potential is United States. With an export gap of $3.97M.   Transportation’s highest import potential is United States with an import gap of $36.6M.

See methodology.

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