2022
Exports
$9.38kWorld Rnk 177 / 214
Flag Rnk 344 / 652
2022
PRODUCT COMPLEXITY IN Jewellery
-0.41Rnk 675 / 1025
2022
Imports
$24.9MWorld Rnk 92 / 219
Flag Rnk 56 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $9.38k in Jewellery, making it the 177th largest exporter of Jewellery in the world. At the same year, Jewellery was the 344th most exported product in Mongolia. The main destination of Jewellery exports from Mongolia are: Ireland ($4.79k), Italy ($2.71k), United Arab Emirates ($1.29k), Singapore ($305), and Switzerland ($181).

The fastest growing export markets for Jewellery of Mongolia between 2021 and 2022 were Ireland ($4.36k), Italy ($2.71k), and Singapore ($285).

Imports In 2022, Mongolia imported $24.9M in Jewellery, becoming the 92nd largest importer of Jewellery in the world. At the same year, Jewellery was the 56th most imported product in Mongolia. Mongolia imports Jewellery primarily from: Turkey ($13.5M), South Korea ($6.56M), China ($1.02M), Singapore ($1.02M), and Thailand ($780k).

The fastest growing import markets in Jewellery for Mongolia between 2021 and 2022 were South Korea ($2.99M), Singapore ($750k), and China ($713k).

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 Jewellery. 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)$9.38k
IMPORTS (2022)$24.9M
NET TRADE (2022)-$24.9M

In 2022, Mongolia exported $9.38k in Jewellery. The main destinations of Mongolia exports on Jewellery were Ireland ($4.79k), Italy ($2.71k), United Arab Emirates ($1.29k), Singapore ($305), and Switzerland ($181).

In 2022, Mongolia imported $24.9M in Jewellery, mainly from Turkey ($13.5M), South Korea ($6.56M), China ($1.02M), Singapore ($1.02M), and Thailand ($780k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Ireland$4.36k (1.03k%)
Italy$2.71k (1%)
Singapore$285 (1.43k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Mongolia WERE (2021 - 2022):
Germany-$4.3k (-100%)
South Korea-$4.11k (-100%)
Netherlands-$1.03k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
In 2022, Mongolia's main importing competitors in Jewellery were:

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $6.46k
TOP IMPORT POTENTIALChina+ $2.28M

Jewellery’s highest export potential is Italy. With an export gap of $6.46k.   Jewellery’s highest import potential is China with an import gap of $2.28M.

See methodology.

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