2022
Exports
$412kWorld Rnk 68 / 145
Flag Rnk 103 / 652
2022
PRODUCT COMPLEXITY IN Buckwheat
-1.6Rnk 959 / 1025
2022
Imports
$504kWorld Rnk 106 / 210
Flag Rnk 557 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $412k in Buckwheat, making it the 68th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 103rd most exported product in Mongolia. The main destination of Buckwheat exports from Mongolia are: Estonia ($189k), Poland ($114k), Japan ($63.3k), South Korea ($36.2k), and Russia ($10.2k).

The fastest growing export markets for Buckwheat of Mongolia between 2021 and 2022 were Poland ($114k), South Korea ($36.2k), and Russia ($3.47k).

Imports In 2022, Mongolia imported $504k in Buckwheat, becoming the 106th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 557th most imported product in Mongolia. Mongolia imports Buckwheat primarily from: Russia ($382k), China ($59.2k), South Korea ($21.6k), Peru ($14.3k), and India ($12.2k).

The fastest growing import markets in Buckwheat for Mongolia between 2021 and 2022 were Russia ($284k), China ($58.2k), and South Korea ($16.5k).

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 Buckwheat. 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)$412k
IMPORTS (2022)$504k
NET TRADE (2022)-$92.5k

In 2022, Mongolia exported $412k in Buckwheat. The main destinations of Mongolia exports on Buckwheat were Estonia ($189k), Poland ($114k), Japan ($63.3k), South Korea ($36.2k), and Russia ($10.2k).

In 2022, Mongolia imported $504k in Buckwheat, mainly from Russia ($382k), China ($59.2k), South Korea ($21.6k), Peru ($14.3k), and India ($12.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Poland$114k (1%)
South Korea$36.2k (1%)
Russia$3.47k (51.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Mongolia WERE (2021 - 2022):
Estonia-$544k (-74.3%)
Japan-$205k (-76.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $25.5k
TOP IMPORT POTENTIALChina+ $38.6k

Buckwheat’s highest export potential is Japan. With an export gap of $25.5k.   Buckwheat’s highest import potential is China with an import gap of $38.6k.

See methodology.

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