2022
Exports
$1.18kWorld Rnk 146 / 176
Flag Rnk 482 / 652
2022
PRODUCT COMPLEXITY IN Eyewear Frames
0.72Rnk 267 / 1025
2022
Imports
$139kWorld Rnk 156 / 212
Flag Rnk 747 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.18k in Eyewear Frames, making it the 146th largest exporter of Eyewear Frames in the world. At the same year, Eyewear Frames was the 482nd most exported product in Mongolia. The main destination of Eyewear Frames exports from Mongolia are: Netherlands ($732), Portugal ($322), South Korea ($95), and Switzerland ($32).

The fastest growing export markets for Eyewear Frames of Mongolia between 2021 and 2022 were Netherlands ($732) and Portugal ($322).

Imports In 2022, Mongolia imported $139k in Eyewear Frames, becoming the 156th largest importer of Eyewear Frames in the world. At the same year, Eyewear Frames was the 747th most imported product in Mongolia. Mongolia imports Eyewear Frames primarily from: China ($71k), South Korea ($20.3k), Denmark ($16.1k), Hong Kong ($9.71k), and Germany ($9.14k).

The fastest growing import markets in Eyewear Frames for Mongolia between 2021 and 2022 were China ($32.7k), Hong Kong ($9.01k), and Denmark ($3.56k).

Latest Trends

Oct 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 Eyewear Frames. 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)$1.18k
IMPORTS (2022)$139k
NET TRADE (2022)-$138k

In 2022, Mongolia exported $1.18k in Eyewear Frames. The main destinations of Mongolia exports on Eyewear Frames were Netherlands ($732), Portugal ($322), South Korea ($95), and Switzerland ($32).

In 2022, Mongolia imported $139k in Eyewear Frames, mainly from China ($71k), South Korea ($20.3k), Denmark ($16.1k), Hong Kong ($9.71k), and Germany ($9.14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Eyewear Frames EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Netherlands$732 (1%)
Portugal$322 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear Frames BY Mongolia WERE (2021 - 2022):
South Korea-$1.26k (-93%)
Switzerland-$53 (-62.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Eyewear Frames were:
China $3.06B
Italy $1.51B
Japan $223M
In 2022, Mongolia's main importing competitors in Eyewear Frames were:

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Trade Value of Eyewear Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.04k
TOP IMPORT POTENTIALChina+ $131k

Eyewear Frames’s highest export potential is Netherlands. With an export gap of $1.04k.   Eyewear Frames’s highest import potential is China with an import gap of $131k.

See methodology.

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