2022
Exports
$105World Rnk 166 / 170
Flag Rnk 90 / 92
2022
PRODUCT COMPLEXITY IN Weapons
1.03Rnk 158 / 1025
2022
Imports
$2.18MWorld Rnk 126 / 206
Flag Rnk 75 / 96
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $105 in Weapons, making it the 166th largest exporter of Weapons in the world. At the same year, Weapons was the 90th most exported product in Mongolia. The main destination of Weapons exports from Mongolia are: Germany ($105).

The fastest growing export markets for Weapons of Mongolia between 2021 and 2022 were Germany ($105).

Imports In 2022, Mongolia imported $2.18M in Weapons, becoming the 126th largest importer of Weapons in the world. At the same year, Weapons was the 75th most imported product in Mongolia. Mongolia imports Weapons primarily from: United States ($382k), South Korea ($382k), Russia ($333k), Czechia ($314k), and Germany ($300k).

The fastest growing import markets in Weapons for Mongolia between 2021 and 2022 were South Korea ($291k), Russia ($179k), and Bulgaria ($168k).

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 Weapons. 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)$105
IMPORTS (2022)$2.18M
NET TRADE (2022)-$2.18M

In 2022, Mongolia exported $105 in Weapons. The main destinations of Mongolia exports on Weapons were Germany ($105).

In 2022, Mongolia imported $2.18M in Weapons, mainly from United States ($382k), South Korea ($382k), Russia ($333k), Czechia ($314k), and Germany ($300k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Weapons EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Germany$105 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Mongolia WERE (2021 - 2022):
Australia-$4.33k (-100%)
Sudan-$1.58k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.54k
TOP IMPORT POTENTIALUnited States+ $175k

Weapons’s highest export potential is United States. With an export gap of $2.54k.   Weapons’s highest import potential is United States with an import gap of $175k.

See methodology.

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