2021
Exports
$227World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Labels
-0.16Rnk 599 / 1025
2021
Imports
$123kWorld Rnk 128 / 211
Flag Rnk 762 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $123k in Labels, becoming the 128th largest importer of Labels in the world. At the same year, Labels was the 762nd most imported product in Mongolia. Mongolia imports Labels primarily from: China ($64.7k), Iran ($25.8k), South Korea ($11.8k), Japan ($4.59k), and Hong Kong ($3.74k).

The fastest growing import markets in Labels for Mongolia between 2021 and 2022 were South Korea ($10.6k), Hong Kong ($3.39k), and Poland ($2.98k).

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 Labels. 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 (2021)$227
IMPORTS (2022)$123k
NET TRADE (2022)-$123k

In 2022, Mongolia imported $123k in Labels, mainly from China ($64.7k), Iran ($25.8k), South Korea ($11.8k), Japan ($4.59k), and Hong Kong ($3.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Mongolia WERE (N/A - 2021):
Germany-$187 (-100%)
France-$40 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $368
TOP IMPORT POTENTIALChina+ $67.2k

Labels’s highest export potential is China. With an export gap of $368.   Labels’s highest import potential is China with an import gap of $67.2k.

See methodology.

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