2022
Exports
$54.2kWorld Rnk 121 / 212
Flag Rnk 226 / 652
2022
PRODUCT COMPLEXITY IN Audio Alarms
0.59Rnk 325 / 1025
2022
Imports
$3.71MWorld Rnk 119 / 224
Flag Rnk 272 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $54.2k in Audio Alarms, making it the 121st largest exporter of Audio Alarms in the world. At the same year, Audio Alarms was the 226th most exported product in Mongolia. The main destination of Audio Alarms exports from Mongolia are: South Korea ($26.4k), United Kingdom ($9.52k), Russia ($8.87k), Singapore ($3.96k), and United States ($3.87k).

The fastest growing export markets for Audio Alarms of Mongolia between 2021 and 2022 were South Korea ($26.4k), United Kingdom ($9.52k), and Russia ($8.87k).

Imports In 2022, Mongolia imported $3.71M in Audio Alarms, becoming the 119th largest importer of Audio Alarms in the world. At the same year, Audio Alarms was the 272nd most imported product in Mongolia. Mongolia imports Audio Alarms primarily from: China ($1.65M), Russia ($500k), South Korea ($248k), Israel ($210k), and United States ($151k).

The fastest growing import markets in Audio Alarms for Mongolia between 2021 and 2022 were China ($872k), South Korea ($213k), and India ($108k).

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 Audio Alarms. 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)$54.2k
IMPORTS (2022)$3.71M
NET TRADE (2022)-$3.66M

In 2022, Mongolia exported $54.2k in Audio Alarms. The main destinations of Mongolia exports on Audio Alarms were South Korea ($26.4k), United Kingdom ($9.52k), Russia ($8.87k), Singapore ($3.96k), and United States ($3.87k).

In 2022, Mongolia imported $3.71M in Audio Alarms, mainly from China ($1.65M), Russia ($500k), South Korea ($248k), Israel ($210k), and United States ($151k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio Alarms EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$26.4k (1%)
United Kingdom$9.52k (1%)
Russia$8.87k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio Alarms BY Mongolia WERE (2021 - 2022):
Australia-$21.5k (-100%)
United States-$7.66k (-66.4%)
France-$4.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Audio Alarms by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $23.7k
TOP IMPORT POTENTIALChina+ $1.64M

Audio Alarms’s highest export potential is South Korea. With an export gap of $23.7k.   Audio Alarms’s highest import potential is China with an import gap of $1.64M.

See methodology.

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