2023
Exports
$28.5kWorld Rnk 178 / 222
Flag Rnk 225 / 494
2023
PRODUCT COMPLEXITY IN Integrated Circuits
1.17Rnk 117 / 1025
2023
Imports
$4.62MWorld Rnk 135 / 224
Flag Rnk 203 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $28.5k in Integrated Circuits, making it the 178th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 225th most exported product in Mongolia. The main destination of Integrated Circuits exports from Mongolia are: Singapore ($19.9k), Australia ($3.1k), Finland ($2.49k), Germany ($2.32k), and Ireland ($367).

The fastest growing export markets for Integrated Circuits of Mongolia between 2022 and 2023 were Singapore ($19.9k), Australia ($3.1k), and Finland ($2.49k).

Imports In 2023, Mongolia imported $4.62M in Integrated Circuits, becoming the 135th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 203rd most imported product in Mongolia. Mongolia imports Integrated Circuits primarily from: Hong Kong ($1.51M), China ($1.29M), Finland ($823k), Poland ($206k), and Germany ($184k).

The fastest growing import markets in Integrated Circuits for Mongolia between 2022 and 2023 were Hong Kong ($1.51M), Finland ($806k), and Singapore ($177k).

Latest Trends

Jan 2025

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 Integrated Circuits. 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)$28.5k
IMPORTS (2023)$4.62M
NET TRADE (2023)-$4.59M

In 2023, Mongolia exported $28.5k in Integrated Circuits. The main destinations of Mongolia exports on Integrated Circuits were Singapore ($19.9k), Australia ($3.1k), Finland ($2.49k), Germany ($2.32k), and Ireland ($367).

In 2023, Mongolia imported $4.62M in Integrated Circuits, mainly from Hong Kong ($1.51M), China ($1.29M), Finland ($823k), Poland ($206k), and Germany ($184k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Singapore$19.9k (1%)
Australia$3.1k (1%)
Finland$2.49k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Mongolia WERE (2022 - 2023):
United States-$26.1k (-100%)
Japan-$17.1k (-100%)
United Kingdom-$4.41k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $75.1k
TOP IMPORT POTENTIALChina+ $735k

Integrated Circuits’s highest export potential is United States. With an export gap of $75.1k.   Integrated Circuits’s highest import potential is China with an import gap of $735k.

See methodology.

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