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2022
Exports $4.71kWorld Rnk 101 / 131
Flag Rnk 397 / 652
2022
Destination $4.71k United Kingdom
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.98Rnk 835 / 1025
2022
Imports $87.5kWorld Rnk 137 / 189
Flag Rnk 805 / 1107
2022
Origin $87.5k China
2022
ECONOMIC COMPLEXITY of Mongolia-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.71k in Bitumen and asphalt, making it the 101st largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 397th most exported product in Mongolia. The main destination of Bitumen and asphalt exports from Mongolia are: United Kingdom ($4.71k).

The fastest growing export markets for Bitumen and asphalt of Mongolia between N/A and 2022 were United Kingdom ($4.71k).

Imports In 2022, Mongolia imported $87.5k in Bitumen and asphalt, becoming the 137th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 805th most imported product in Mongolia. Mongolia imports Bitumen and asphalt primarily from: China ($87.5k).

The fastest growing import markets in Bitumen and asphalt for Mongolia between 2021 and 2022 were China ($87.5k).

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 Bitumen and asphalt. 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)$4.71k
IMPORTS (2022)$87.5k
NET TRADE (2022)-$82.8k

In 2022, Mongolia exported $4.71k in Bitumen and asphalt. The main destinations of Mongolia exports on Bitumen and asphalt were United Kingdom ($4.71k).

In 2022, Mongolia imported $87.5k in Bitumen and asphalt, mainly from China ($87.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):United Kingdom$4.71k (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Bitumen and asphalt were:
Turkey $261M
United States $166M
Spain $70.6M
In 2022, Mongolia's main importing competitors in Bitumen and asphalt were:
Egypt $206M
France $155M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $814
TOP IMPORT POTENTIALChina+ $13.6k

Bitumen and asphalt’s highest export potential is China. With an export gap of $814.   Bitumen and asphalt’s highest import potential is China with an import gap of $13.6k.

See methodology.

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