2022
Exports
$63.3kWorld Rnk 104 / 167
Flag Rnk 216 / 652
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$1.34MWorld Rnk 116 / 207
Flag Rnk 391 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $63.3k in Footwear Parts, making it the 104th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 216th most exported product in Mongolia. The main destination of Footwear Parts exports from Mongolia are: Russia ($25.8k), Norway ($20.8k), Kazakhstan ($5.88k), Japan ($4.38k), and Switzerland ($1.86k).

The fastest growing export markets for Footwear Parts of Mongolia between 2021 and 2022 were Norway ($13.7k), Switzerland ($1.83k), and China ($1.58k).

Imports In 2018, Mongolia imported $1.34M in Footwear Parts, becoming the 116th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 391st most imported product in Mongolia. Mongolia imports Footwear Parts primarily from: China ($816k), Russia ($200k), Ukraine ($57.1k), Turkey ($54.4k), and Germany ($49.9k).

The fastest growing import markets in Footwear Parts for Mongolia between 2021 and 2022 were China ($418k), Turkey ($53.6k), and Lithuania ($33.7k).

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 Parts. 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)$63.3k
IMPORTS (2022)$1.34M
NET TRADE (2022)-$1.27M

In 2022, Mongolia exported $63.3k in Footwear Parts. The main destinations of Mongolia exports on Footwear Parts were Russia ($25.8k), Norway ($20.8k), Kazakhstan ($5.88k), Japan ($4.38k), and Switzerland ($1.86k).

In 2022, Mongolia imported $1.34M in Footwear Parts, mainly from China ($816k), Russia ($200k), Ukraine ($57.1k), Turkey ($54.4k), and Germany ($49.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Norway$13.7k (193%)
Switzerland$1.83k (5.38k%)
China$1.58k (4.06k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Mongolia WERE (2021 - 2022):
Kazakhstan-$7.96k (-57.5%)
Russia-$6.06k (-19%)
Japan-$1.53k (-25.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Footwear Parts were:
China $4.26B
Italy $811M
In 2022, Mongolia's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $36.2k
TOP IMPORT POTENTIALChina+ $679k

Footwear Parts’s highest export potential is Russia. With an export gap of $36.2k.   Footwear Parts’s highest import potential is China with an import gap of $679k.

See methodology.

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