2023
Exports
$3.48kWorld Rnk 148 / 151
Flag Rnk 357 / 494
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$36.5MWorld Rnk 91 / 212
Flag Rnk 31 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $3.48k in Buses, making it the 148th largest exporter of Buses in the world. At the same year, Buses was the 357th most exported product in Mongolia. The main destination of Buses exports from Mongolia are: Lithuania ($3.48k).

The fastest growing export markets for Buses of Mongolia between 2022 and 2023 were Lithuania ($3.48k).

Imports In 2023, Mongolia imported $36.5M in Buses, becoming the 91st largest importer of Buses in the world. At the same year, Buses was the 31st most imported product in Mongolia. Mongolia imports Buses primarily from: China ($30.8M), Japan ($5.31M), Uzbekistan ($178k), Turkey ($135k), and United States ($49.6k).

The fastest growing import markets in Buses for Mongolia between 2022 and 2023 were China ($21.8M), Japan ($2.38M), and Uzbekistan ($178k).

Latest Trends

Dec 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 Buses. 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 (2023)$3.48k
IMPORTS (2023)$36.5M
NET TRADE (2023)-$36.5M

In 2023, Mongolia exported $3.48k in Buses. The main destinations of Mongolia exports on Buses were Lithuania ($3.48k).

In 2023, Mongolia imported $36.5M in Buses, mainly from China ($30.8M), Japan ($5.31M), Uzbekistan ($178k), Turkey ($135k), and United States ($49.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):Lithuania$3.48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Mongolia WERE (2022 - 2023):Kyrgyzstan-$21.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Mongolia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.07k
TOP IMPORT POTENTIALChina+ $2.87M

Buses’s highest export potential is China. With an export gap of $1.07k.   Buses’s highest import potential is China with an import gap of $2.87M.

See methodology.

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