2023
Exports
$381kWorld Rnk 88 / 135
Flag Rnk 88 / 494
2023
PRODUCT COMPLEXITY IN Diamonds
-1.54Rnk 950 / 1025
2023
Imports
$547kWorld Rnk 101 / 158
Flag Rnk 454 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $381k in Diamonds, making it the 88th largest exporter of Diamonds in the world. At the same year, Diamonds was the 88th most exported product in Mongolia. The main destination of Diamonds exports from Mongolia are: Hong Kong ($381k).

The fastest growing export markets for Diamonds of Mongolia between N/A and 2023 were Hong Kong ($381k).

Imports In 2023, Mongolia imported $547k in Diamonds, becoming the 101st largest importer of Diamonds in the world. At the same year, Diamonds was the 454th most imported product in Mongolia. Mongolia imports Diamonds primarily from: Canada ($381k), Thailand ($163k), and Australia ($3.03k).

The fastest growing import markets in Diamonds for Mongolia between 2022 and 2023 were Canada ($381k) and Thailand ($125k).

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 Diamonds. 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)$381k
IMPORTS (2023)$547k
NET TRADE (2023)-$166k

In 2023, Mongolia exported $381k in Diamonds. The main destinations of Mongolia exports on Diamonds were Hong Kong ($381k).

In 2023, Mongolia imported $547k in Diamonds, mainly from Canada ($381k), Thailand ($163k), and Australia ($3.03k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Mongolia WERE (N/A - 2023):Hong Kong$381k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1k
TOP IMPORT POTENTIALBelgium+ $14.5k

Diamonds’s highest export potential is China. With an export gap of $1k.   Diamonds’s highest import potential is Belgium with an import gap of $14.5k.

See methodology.

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