2022
Exports
$100kWorld Rnk 168 / 223
Flag Rnk 183 / 652
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$21.5MWorld Rnk 134 / 225
Flag Rnk 71 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $100k in Electrical Transformers, making it the 168th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 183rd most exported product in Mongolia. The main destination of Electrical Transformers exports from Mongolia are: South Korea ($25.5k), Russia ($15.9k), Poland ($15k), Sudan ($11.1k), and United Kingdom ($8.82k).

The fastest growing export markets for Electrical Transformers of Mongolia between 2021 and 2022 were South Korea ($24.1k), Poland ($15k), and Russia ($13.7k).

Imports In 2022, Mongolia imported $21.5M in Electrical Transformers, becoming the 134th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 71st most imported product in Mongolia. Mongolia imports Electrical Transformers primarily from: China ($11.8M), Russia ($4.99M), Switzerland ($702k), Belarus ($640k), and Philippines ($559k).

The fastest growing import markets in Electrical Transformers for Mongolia between 2021 and 2022 were Russia ($4.42M), Belarus ($257k), and India ($146k).

Latest Trends

Mar 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 Electrical Transformers. 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)$100k
IMPORTS (2022)$21.5M
NET TRADE (2022)-$21.4M

In 2022, Mongolia exported $100k in Electrical Transformers. The main destinations of Mongolia exports on Electrical Transformers were South Korea ($25.5k), Russia ($15.9k), Poland ($15k), Sudan ($11.1k), and United Kingdom ($8.82k).

In 2022, Mongolia imported $21.5M in Electrical Transformers, mainly from China ($11.8M), Russia ($4.99M), Switzerland ($702k), Belarus ($640k), and Philippines ($559k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$24.1k (1.72k%)
Poland$15k (1%)
Russia$13.7k (650%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Mongolia WERE (2021 - 2022):
Sweden-$5.4k (-100%)
Seychelles-$3.94k (-100%)
Costa Rica-$1.79k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Electrical Transformers were:
In 2022, Mongolia's main importing competitors in Electrical Transformers were:

Explore Visualizations

Trade Value of Electrical Transformers by Exporters

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