2022
Exports
falseWorld Rnk 11 / 65
Flag Rnk 29 / 652
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.86M in Tungsten Ore, making it the 11th largest exporter of Tungsten Ore in the world. At the same year, Tungsten Ore was the 29th most exported product in Mongolia. The main destination of Tungsten Ore exports from Mongolia are: Austria ($2.79M), China ($870k), United States ($593k), Vietnam ($305k), and Australia ($302k).

The fastest growing export markets for Tungsten Ore of Mongolia between 2021 and 2022 were Austria ($720k), China ($411k), and United States ($324k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$4.86M

In 2022, Mongolia exported $4.86M in Tungsten Ore. The main destinations of Mongolia exports on Tungsten Ore were Austria ($2.79M), China ($870k), United States ($593k), Vietnam ($305k), and Australia ($302k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tungsten Ore EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Austria$720k (34.8%)
China$411k (89.3%)
United States$324k (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tungsten Ore BY Mongolia WERE (2021 - 2022):Ukraine-$587 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tungsten Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $769k
TOP IMPORT POTENTIALRussia+ $231

Tungsten Ore’s highest export potential is China. With an export gap of $769k.   Tungsten Ore’s highest import potential is Russia with an import gap of $231.

See methodology.

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