2022
Exports
$3.64kWorld Rnk 129 / 183
Flag Rnk 418 / 652
2022
PRODUCT COMPLEXITY IN Abrasive Powder
1.09Rnk 137 / 1025
2022
Imports
$246kWorld Rnk 152 / 224
Flag Rnk 682 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $3.64k in Abrasive Powder, making it the 129th largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 418th most exported product in Mongolia. The main destination of Abrasive Powder exports from Mongolia are: Russia ($1.82k), Sudan ($782), Burkina Faso ($472), Togo ($441), and Singapore ($90).

The fastest growing export markets for Abrasive Powder of Mongolia between 2021 and 2022 were Russia ($1.82k), Sudan ($782), and Burkina Faso ($472).

Imports In 2022, Mongolia imported $246k in Abrasive Powder, becoming the 152nd largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 682nd most imported product in Mongolia. Mongolia imports Abrasive Powder primarily from: China ($101k), Germany ($30.1k), United States ($22.3k), Japan ($14.8k), and Switzerland ($12.9k).

The fastest growing import markets in Abrasive Powder for Mongolia between 2021 and 2022 were Germany ($14.9k), Japan ($10.7k), and Czechia ($9k).

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 Abrasive Powder. 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)$3.64k
IMPORTS (2022)$246k
NET TRADE (2022)-$243k

In 2022, Mongolia exported $3.64k in Abrasive Powder. The main destinations of Mongolia exports on Abrasive Powder were Russia ($1.82k), Sudan ($782), Burkina Faso ($472), Togo ($441), and Singapore ($90).

In 2022, Mongolia imported $246k in Abrasive Powder, mainly from China ($101k), Germany ($30.1k), United States ($22.3k), Japan ($14.8k), and Switzerland ($12.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$1.82k (1%)
Sudan$782 (1%)
Burkina Faso$472 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY Mongolia WERE (2021 - 2022):
Serbia-$191 (-100%)
Uganda-$154 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $3.35k
TOP IMPORT POTENTIALChina+ $116k

Abrasive Powder’s highest export potential is Russia. With an export gap of $3.35k.   Abrasive Powder’s highest import potential is China with an import gap of $116k.

See methodology.

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