2022
Exports
$34.5kWorld Rnk 149 / 208
Flag Rnk 259 / 652
2022
PRODUCT COMPLEXITY IN Video Recording Equipment
0.68Rnk 285 / 1025
2022
Imports
$7.19MWorld Rnk 115 / 221
Flag Rnk 177 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $34.5k in Video Recording Equipment, making it the 149th largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 259th most exported product in Mongolia. The main destination of Video Recording Equipment exports from Mongolia are: Sudan ($10.8k), Hong Kong ($6.12k), United States ($5.47k), Canada ($2.99k), and Singapore ($2.48k).

The fastest growing export markets for Video Recording Equipment of Mongolia between 2021 and 2022 were Sudan ($10.8k), United States ($5.47k), and Canada ($2.99k).

Imports In 2022, Mongolia imported $7.19M in Video Recording Equipment, becoming the 115th largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 177th most imported product in Mongolia. Mongolia imports Video Recording Equipment primarily from: China ($4.89M), Japan ($325k), Poland ($293k), Vietnam ($198k), and Chinese Taipei ($182k).

The fastest growing import markets in Video Recording Equipment for Mongolia between 2021 and 2022 were China ($1.39M), Japan ($235k), and Poland ($220k).

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 Video Recording Equipment. 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)$34.5k
IMPORTS (2022)$7.19M
NET TRADE (2022)-$7.15M

In 2022, Mongolia exported $34.5k in Video Recording Equipment. The main destinations of Mongolia exports on Video Recording Equipment were Sudan ($10.8k), Hong Kong ($6.12k), United States ($5.47k), Canada ($2.99k), and Singapore ($2.48k).

In 2022, Mongolia imported $7.19M in Video Recording Equipment, mainly from China ($4.89M), Japan ($325k), Poland ($293k), Vietnam ($198k), and Chinese Taipei ($182k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Video Recording Equipment EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Sudan$10.8k (1%)
United States$5.47k (1%)
Canada$2.99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Video Recording Equipment BY Mongolia WERE (2021 - 2022):
Uganda-$8.82k (-100%)
South Korea-$6.44k (-95.7%)
Malaysia-$2.12k (-95.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Video Recording Equipment were:
China $15.6B
Vietnam $5.46B
Germany $3.06B
In 2022, Mongolia's main importing competitors in Video Recording Equipment were:

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Trade Value of Video Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.98k
TOP IMPORT POTENTIALChina+ $440k

Video Recording Equipment’s highest export potential is United States. With an export gap of $7.98k.   Video Recording Equipment’s highest import potential is China with an import gap of $440k.

See methodology.

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