2022
Exports
$17.5kWorld Rnk 99 / 175
Flag Rnk 305 / 652
2022
PRODUCT COMPLEXITY IN Knotted Carpets
-1.05Rnk 848 / 1025
2022
Imports
$249kWorld Rnk 109 / 207
Flag Rnk 676 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $17.5k in Knotted Carpets, making it the 99th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 305th most exported product in Mongolia. The main destination of Knotted Carpets exports from Mongolia are: Russia ($14.7k), Australia ($1.56k), Switzerland ($781), Serbia ($307), and Sweden ($99).

The fastest growing export markets for Knotted Carpets of Mongolia between 2021 and 2022 were Russia ($14.7k), Australia ($1.56k), and Serbia ($307).

Imports In 2022, Mongolia imported $249k in Knotted Carpets, becoming the 109th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 676th most imported product in Mongolia. Mongolia imports Knotted Carpets primarily from: Turkey ($130k), Italy ($34k), Poland ($28.2k), India ($23.2k), and Morocco ($17.3k).

The fastest growing import markets in Knotted Carpets for Mongolia between 2021 and 2022 were Turkey ($64.3k), Italy ($30.1k), and Poland ($27.6k).

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 Knotted Carpets. 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)$17.5k
IMPORTS (2022)$249k
NET TRADE (2022)-$232k

In 2022, Mongolia exported $17.5k in Knotted Carpets. The main destinations of Mongolia exports on Knotted Carpets were Russia ($14.7k), Australia ($1.56k), Switzerland ($781), Serbia ($307), and Sweden ($99).

In 2022, Mongolia imported $249k in Knotted Carpets, mainly from Turkey ($130k), Italy ($34k), Poland ($28.2k), India ($23.2k), and Morocco ($17.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$14.7k (1%)
Australia$1.56k (1%)
Serbia$307 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Mongolia WERE (2021 - 2022):
United States-$5.61k (-100%)
Germany-$1.1k (-100%)
Switzerland-$958 (-55.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $4.87k
TOP IMPORT POTENTIALIndia+ $26.8k

Knotted Carpets’s highest export potential is Russia. With an export gap of $4.87k.   Knotted Carpets’s highest import potential is India with an import gap of $26.8k.

See methodology.

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