2020
Exports
$3.74kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2020
Imports
$919kWorld Rnk 108 / 210
Flag Rnk 465 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $919k in Drilling Machines, becoming the 108th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 465th most imported product in Mongolia. Mongolia imports Drilling Machines primarily from: Netherlands ($226k), Germany ($192k), Russia ($168k), China ($160k), and Chinese Taipei ($72.9k).

The fastest growing import markets in Drilling Machines for Mongolia between 2021 and 2022 were Netherlands ($225k), Germany ($157k), and China ($113k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Drilling Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2020)$3.74k
IMPORTS (2022)$919k
NET TRADE (2022)-$919k

In 2022, Mongolia imported $919k in Drilling Machines, mainly from Netherlands ($226k), Germany ($192k), Russia ($168k), China ($160k), and Chinese Taipei ($72.9k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mongolia's main exporting competitors in Drilling Machines were:
In 2022, Mongolia's main importing competitors in Drilling Machines were:

Explore Visualizations

Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $505
TOP IMPORT POTENTIALChina+ $155k

Drilling Machines’s highest export potential is China. With an export gap of $505.   Drilling Machines’s highest import potential is China with an import gap of $155k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with