2018
Exports
$1.4MWorld Rnk 40 / 93
Flag Rnk 63 / 652
2022
PRODUCT COMPLEXITY IN Bovine, Sheep, and Goat Fat
-0.5Rnk 698 / 1025
2018
Imports
$6.27kWorld Rnk 127 / 156
Flag Rnk 998 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2018, Mongolia exported $1.4M in Bovine, Sheep, and Goat Fat, making it the 40th largest exporter of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 63rd most exported product in Mongolia. The main destination of Bovine, Sheep, and Goat Fat exports from Mongolia are: China ($1.14M), Azerbaijan ($154k), Uzbekistan ($88.5k), and Kyrgyzstan ($12.5k).

The fastest growing export markets for Bovine, Sheep, and Goat Fat of Mongolia between 2021 and 2022 were China ($1.01M), Azerbaijan ($154k), and Uzbekistan ($88.5k).

Imports In 2022, Mongolia imported $6.27k in Bovine, Sheep, and Goat Fat, becoming the 127th largest importer of Bovine, Sheep, and Goat Fat in the world. At the same year, Bovine, Sheep, and Goat Fat was the 998th most imported product in Mongolia. Mongolia imports Bovine, Sheep, and Goat Fat primarily from: China ($6.27k).

The fastest growing import markets in Bovine, Sheep, and Goat Fat for Mongolia between N/A and 2022 were China ($6.27k).

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 Bovine, Sheep, and Goat Fat. 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)$1.4M
IMPORTS (2022)$6.27k
NET TRADE (2022)$1.39M

In 2022, Mongolia exported $1.4M in Bovine, Sheep, and Goat Fat. The main destinations of Mongolia exports on Bovine, Sheep, and Goat Fat were China ($1.14M), Azerbaijan ($154k), Uzbekistan ($88.5k), and Kyrgyzstan ($12.5k).

In 2022, Mongolia imported $6.27k in Bovine, Sheep, and Goat Fat, mainly from China ($6.27k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine, Sheep, and Goat Fat EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
China$1.01M (739%)
Azerbaijan$154k (1%)
Uzbekistan$88.5k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Bovine, Sheep, and Goat Fat were:
In 2022, Mongolia's main importing competitors in Bovine, Sheep, and Goat Fat were:

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Trade Value of Bovine, Sheep, and Goat Fat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $477k
TOP IMPORT POTENTIALUnited States+ $588

Bovine, Sheep, and Goat Fat’s highest export potential is China. With an export gap of $477k.   Bovine, Sheep, and Goat Fat’s highest import potential is United States with an import gap of $588.

See methodology.

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