2022
Exports
$331kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Electricity
-0.74Rnk 770 / 1025
2022
Imports
$132MWorld Rnk 60 / 126
Flag Rnk 9 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $132M in Electricity, becoming the 60th largest importer of Electricity in the world. At the same year, Electricity was the 9th most imported product in Mongolia. Mongolia imports Electricity primarily from: China ($132M).

The fastest growing import markets in Electricity for Mongolia between 2022 and 2023 were China ($1.8M).

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 Electricity. 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)$331k
IMPORTS (2023)$132M
NET TRADE (2023)-$132M

In 2023, Mongolia imported $132M in Electricity, mainly from China ($132M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electricity BY Mongolia WERE (N/A - 2022):Russia-$331k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Electricity by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $65.5k
TOP IMPORT POTENTIALGermany+ $4.76k

Electricity’s highest export potential is Russia. With an export gap of $65.5k.   Electricity’s highest import potential is Germany with an import gap of $4.76k.

See methodology.

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