2018
Exports
$7.78kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron
0.61Rnk 318 / 1025
2018
Imports
$1.46MWorld Rnk 105 / 201
Flag Rnk 385 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $1.46M in Large Flat-Rolled Iron, becoming the 105th largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 385th most imported product in Mongolia. Mongolia imports Large Flat-Rolled Iron primarily from: China ($1.36M), Italy ($67.3k), Germany ($16.5k), South Korea ($10.3k), and Australia ($5.54k).

The fastest growing import markets in Large Flat-Rolled Iron for Mongolia between 2021 and 2022 were China ($664k), Italy ($67.3k), and Germany ($11.2k).

Latest Trends

Sep 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 Large Flat-Rolled Iron. 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 (2018)$7.78k
IMPORTS (2022)$1.46M
NET TRADE (2022)-$1.46M

In 2022, Mongolia imported $1.46M in Large Flat-Rolled Iron, mainly from China ($1.36M), Italy ($67.3k), Germany ($16.5k), South Korea ($10.3k), and Australia ($5.54k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.46B
Italy $674M
China $504M
In 2022, Mongolia's main importing competitors in Large Flat-Rolled Iron were:

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $467
TOP IMPORT POTENTIALChina+ $325k

Large Flat-Rolled Iron’s highest export potential is China. With an export gap of $467.   Large Flat-Rolled Iron’s highest import potential is China with an import gap of $325k.

See methodology.

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