2022
Exports
$5.89MWorld Rnk 80 / 208
Flag Rnk 27 / 652
2022
PRODUCT COMPLEXITY IN Aircraft Parts
0.79Rnk 246 / 1025
2022
Imports
$7.58MWorld Rnk 108 / 217
Flag Rnk 172 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $5.89M in Aircraft Parts, making it the 80th largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 27th most exported product in Mongolia. The main destination of Aircraft Parts exports from Mongolia are: China ($1.85M), Russia ($1.59M), South Korea ($1.11M), Singapore ($607k), and Thailand ($302k).

The fastest growing export markets for Aircraft Parts of Mongolia between 2021 and 2022 were China ($1.85M), Russia ($1.59M), and South Korea ($1.11M).

Imports In 2022, Mongolia imported $7.58M in Aircraft Parts, becoming the 108th largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 172nd most imported product in Mongolia. Mongolia imports Aircraft Parts primarily from: United States ($4.07M), Singapore ($1.82M), France ($518k), United Kingdom ($452k), and Russia ($109k).

The fastest growing import markets in Aircraft Parts for Mongolia between 2021 and 2022 were United States ($3.51M), Singapore ($937k), and United Kingdom ($290k).

Latest Trends

Sep 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 Aircraft Parts. 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)$5.89M
IMPORTS (2022)$7.58M
NET TRADE (2022)-$1.69M

In 2022, Mongolia exported $5.89M in Aircraft Parts. The main destinations of Mongolia exports on Aircraft Parts were China ($1.85M), Russia ($1.59M), South Korea ($1.11M), Singapore ($607k), and Thailand ($302k).

In 2022, Mongolia imported $7.58M in Aircraft Parts, mainly from United States ($4.07M), Singapore ($1.82M), France ($518k), United Kingdom ($452k), and Russia ($109k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
China$1.85M (121k%)
Russia$1.59M (1%)
South Korea$1.11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY Mongolia WERE (2021 - 2022):
United Kingdom-$8.34k (-13.3%)
Kenya-$916 (-100%)
Canada-$500 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Aircraft Parts’s highest export potential is N/A. With an export gap of N/A.   Aircraft Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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