2022
Exports
$14.9kWorld Rnk 123 / 176
Flag Rnk 317 / 652
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$1.21MWorld Rnk 71 / 209
Flag Rnk 405 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $14.9k in Honey, making it the 123rd largest exporter of Honey in the world. At the same year, Honey was the 317th most exported product in Mongolia. The main destination of Honey exports from Mongolia are: Japan ($13.7k) and South Korea ($1.15k).

The fastest growing export markets for Honey of Mongolia between 2021 and 2022 were Japan ($13.7k).

Imports In 2022, Mongolia imported $1.21M in Honey, becoming the 71st largest importer of Honey in the world. At the same year, Honey was the 405th most imported product in Mongolia. Mongolia imports Honey primarily from: Germany ($730k), Japan ($221k), Russia ($128k), China ($33.7k), and United States ($33.7k).

The fastest growing import markets in Honey for Mongolia between 2021 and 2022 were Japan ($114k), United States ($19.3k), and China ($14.8k).

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 Honey. 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)$14.9k
IMPORTS (2022)$1.21M
NET TRADE (2022)-$1.2M

In 2022, Mongolia exported $14.9k in Honey. The main destinations of Mongolia exports on Honey were Japan ($13.7k) and South Korea ($1.15k).

In 2022, Mongolia imported $1.21M in Honey, mainly from Germany ($730k), Japan ($221k), Russia ($128k), China ($33.7k), and United States ($33.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Japan$13.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Mongolia WERE (2021 - 2022):
South Korea-$1.55k (-57.3%)
United States-$847 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Honey were:
In 2022, Mongolia's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $11.2k
TOP IMPORT POTENTIALChina+ $73.3k

Honey’s highest export potential is Japan. With an export gap of $11.2k.   Honey’s highest import potential is China with an import gap of $73.3k.

See methodology.

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