2023
Exports
$4.72kWorld Rnk 79 / 131
Flag Rnk 345 / 494
2023
Imports
$2.44kWorld Rnk 173 / 205
Flag Rnk 941 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $4.72k in Cloves, making it the 79th largest exporter of Cloves in the world. At the same year, Cloves was the 345th most exported product in Mongolia. The main destination of Cloves exports from Mongolia are: Montenegro ($4.72k).

The fastest growing export markets for Cloves of Mongolia between N/A and 2023 were Montenegro ($4.72k).

Imports In 2023, Mongolia imported $2.44k in Cloves, becoming the 173rd largest importer of Cloves in the world. At the same year, Cloves was the 941st most imported product in Mongolia. Mongolia imports Cloves primarily from: Poland ($2.25k) and Turkey ($188).

The fastest growing import markets in Cloves for Mongolia between 2022 and 2023 were Poland ($2.14k) and Turkey ($115).

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 Cloves. 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)$4.72k
IMPORTS (2023)$2.44k
NET TRADE (2023)$2.28k

In 2023, Mongolia exported $4.72k in Cloves. The main destinations of Mongolia exports on Cloves were Montenegro ($4.72k).

In 2023, Mongolia imported $2.44k in Cloves, mainly from Poland ($2.25k) and Turkey ($188).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cloves EXPORT MARKETS FOR Mongolia WERE (N/A - 2023):Montenegro$4.72k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Cloves were:
In 2023, Mongolia's main importing competitors in Cloves were:

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Trade Value of Cloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $326
TOP IMPORT POTENTIALMadagascar+ $4.18k

Cloves’s highest export potential is India. With an export gap of $326.   Cloves’s highest import potential is Madagascar with an import gap of $4.18k.

See methodology.

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