2022
Exports
$8.33kWorld Rnk 151 / 184
Flag Rnk 357 / 652
2022
PRODUCT COMPLEXITY IN Building Stone
-1.09Rnk 852 / 1025
2022
Imports
$22.4MWorld Rnk 70 / 220
Flag Rnk 65 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $8.33k in Building Stone, making it the 151st largest exporter of Building Stone in the world. At the same year, Building Stone was the 357th most exported product in Mongolia. The main destination of Building Stone exports from Mongolia are: Russia ($8.25k) and Czechia ($85).

The fastest growing export markets for Building Stone of Mongolia between 2021 and 2022 were Russia ($8.25k) and Czechia ($85).

Imports In 2022, Mongolia imported $22.4M in Building Stone, becoming the 70th largest importer of Building Stone in the world. At the same year, Building Stone was the 65th most imported product in Mongolia. Mongolia imports Building Stone primarily from: China ($19.1M), Switzerland ($1.22M), Turkey ($813k), Italy ($659k), and Germany ($149k).

The fastest growing import markets in Building Stone for Mongolia between 2021 and 2022 were China ($6.41M), Turkey ($351k), and Switzerland ($276k).

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 Building Stone. 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)$8.33k
IMPORTS (2022)$22.4M
NET TRADE (2022)-$22.4M

In 2022, Mongolia exported $8.33k in Building Stone. The main destinations of Mongolia exports on Building Stone were Russia ($8.25k) and Czechia ($85).

In 2022, Mongolia imported $22.4M in Building Stone, mainly from China ($19.1M), Switzerland ($1.22M), Turkey ($813k), Italy ($659k), and Germany ($149k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Building Stone EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$8.25k (1%)
Czechia$85 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Building Stone BY Mongolia WERE (2021 - 2022):
United Kingdom-$1.68k (-100%)
South Korea-$401 (-100%)
Canada-$150 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Building Stone were:
China $3.87B
Italy $1.71B
India $1.51B
In 2022, Mongolia's main importing competitors in Building Stone were:

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Trade Value of Building Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $10.1k
TOP IMPORT POTENTIALChina+ $1.63M

Building Stone’s highest export potential is Russia. With an export gap of $10.1k.   Building Stone’s highest import potential is China with an import gap of $1.63M.

See methodology.

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