2022
Exports
$2.63MWorld Rnk 127 / 225
Flag Rnk 15 / 21
2022
PRODUCT COMPLEXITY IN Footwear and Headwear
0.5Rnk 367 / 1025
2022
Imports
$42.2MWorld Rnk 136 / 225
Flag Rnk 17 / 21
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $2.63M in Footwear and Headwear, making it the 127th largest exporter of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 15th most exported product in Mongolia. The main destination of Footwear and Headwear exports from Mongolia are: Russia ($452k), Norway ($355k), China ($304k), France ($282k), and Germany ($214k).

The fastest growing export markets for Footwear and Headwear of Mongolia between 2021 and 2022 were France ($111k), United Arab Emirates ($73k), and China ($62.1k).

Imports In 2022, Mongolia imported $42.2M in Footwear and Headwear, becoming the 136th largest importer of Footwear and Headwear in the world. At the same year, Footwear and Headwear was the 17th most imported product in Mongolia. Mongolia imports Footwear and Headwear primarily from: China ($11.3M), Vietnam ($4.84M), Italy ($4.27M), Germany ($2.95M), and Russia ($2.07M).

The fastest growing import markets in Footwear and Headwear for Mongolia between 2021 and 2022 were China ($5.84M), Italy ($1.37M), and Vietnam ($1.28M).

Latest Trends

Jul 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 Footwear and Headwear. 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)$2.63M
IMPORTS (2022)$42.2M
NET TRADE (2022)-$39.6M

In 2022, Mongolia exported $2.63M in Footwear and Headwear. The main destinations of Mongolia exports on Footwear and Headwear were Russia ($452k), Norway ($355k), China ($304k), France ($282k), and Germany ($214k).

In 2022, Mongolia imported $42.2M in Footwear and Headwear, mainly from China ($11.3M), Vietnam ($4.84M), Italy ($4.27M), Germany ($2.95M), and Russia ($2.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear and Headwear EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
France$111k (65.2%)
China$62.1k (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear and Headwear BY Mongolia WERE (2021 - 2022):
Nepal-$98.3k (-100%)
Russia-$74.8k (-14.2%)
Germany-$72.8k (-25.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Footwear and Headwear were:
China $83.6B
Vietnam $28.2B
Italy $13.9B
In 2022, Mongolia's main importing competitors in Footwear and Headwear were:

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Trade Value of Footwear and Headwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $636k
TOP IMPORT POTENTIALChina+ $12.3M

Footwear and Headwear’s highest export potential is China. With an export gap of $636k.   Footwear and Headwear’s highest import potential is China with an import gap of $12.3M.

See methodology.

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