2022
Exports
$6.46kWorld Rnk 97 / 136
Flag Rnk 379 / 652
2022
PRODUCT COMPLEXITY IN Iron Radiators
0.62Rnk 311 / 1025
2022
Imports
$12.2MWorld Rnk 40 / 206
Flag Rnk 117 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $6.46k in Iron Radiators, making it the 97th largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 379th most exported product in Mongolia. The main destination of Iron Radiators exports from Mongolia are: Russia ($6.46k).

The fastest growing export markets for Iron Radiators of Mongolia between 2021 and 2022 were Russia ($6.46k).

Imports In 2022, Mongolia imported $12.2M in Iron Radiators, becoming the 40th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 117th most imported product in Mongolia. Mongolia imports Iron Radiators primarily from: Turkey ($6.89M), China ($2.53M), Germany ($868k), Russia ($585k), and Poland ($421k).

The fastest growing import markets in Iron Radiators for Mongolia between 2021 and 2022 were China ($1.23M), Turkey ($744k), and Germany ($270k).

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 Iron Radiators. 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)$6.46k
IMPORTS (2022)$12.2M
NET TRADE (2022)-$12.2M

In 2022, Mongolia exported $6.46k in Iron Radiators. The main destinations of Mongolia exports on Iron Radiators were Russia ($6.46k).

In 2022, Mongolia imported $12.2M in Iron Radiators, mainly from Turkey ($6.89M), China ($2.53M), Germany ($868k), Russia ($585k), and Poland ($421k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Radiators EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Russia$6.46k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Radiators BY Mongolia WERE (2021 - 2022):Turkey-$3.91k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Radiators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $7.65k
TOP IMPORT POTENTIALChina+ $749k

Iron Radiators’s highest export potential is Russia. With an export gap of $7.65k.   Iron Radiators’s highest import potential is China with an import gap of $749k.

See methodology.

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