2023
Exports
$4.25kWorld Rnk 155 / 209
Flag Rnk 349 / 494
2023
PRODUCT COMPLEXITY IN Eyewear
0.65Rnk 304 / 1025
2023
Imports
$602kWorld Rnk 157 / 222
Flag Rnk 444 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $4.25k in Eyewear, making it the 155th largest exporter of Eyewear in the world. At the same year, Eyewear was the 349th most exported product in Mongolia. The main destination of Eyewear exports from Mongolia are: Hong Kong ($1.43k), France ($1.21k), Switzerland ($504), Canada ($465), and Sweden ($283).

The fastest growing export markets for Eyewear of Mongolia between 2022 and 2023 were Hong Kong ($1.43k), France ($1.21k), and Switzerland ($504).

Imports In 2023, Mongolia imported $602k in Eyewear, becoming the 157th largest importer of Eyewear in the world. At the same year, Eyewear was the 444th most imported product in Mongolia. Mongolia imports Eyewear primarily from: Italy ($125k), China ($114k), Australia ($64.9k), Lithuania ($53.4k), and Germany ($48.1k).

The fastest growing import markets in Eyewear for Mongolia between 2022 and 2023 were Lithuania ($53.4k), United Kingdom ($40.9k), and Hong Kong ($37.4k).

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 Eyewear. 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)$4.25k
IMPORTS (2023)$602k
NET TRADE (2023)-$598k

In 2023, Mongolia exported $4.25k in Eyewear. The main destinations of Mongolia exports on Eyewear were Hong Kong ($1.43k), France ($1.21k), Switzerland ($504), Canada ($465), and Sweden ($283).

In 2023, Mongolia imported $602k in Eyewear, mainly from Italy ($125k), China ($114k), Australia ($64.9k), Lithuania ($53.4k), and Germany ($48.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Eyewear EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Hong Kong$1.43k (1%)
France$1.21k (1%)
Switzerland$504 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear BY Mongolia WERE (2022 - 2023):
South Korea-$1.01k (-100%)
Portugal-$756 (-75.1%)
Sudan-$630 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Eyewear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $1.83k
TOP IMPORT POTENTIALChina+ $901k

Eyewear’s highest export potential is South Korea. With an export gap of $1.83k.   Eyewear’s highest import potential is China with an import gap of $901k.

See methodology.

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