2022
Exports
$7.5kWorld Rnk 125 / 172
Flag Rnk 363 / 652
2022
PRODUCT COMPLEXITY IN LCDs
1.58Rnk 39 / 1025
2022
Imports
$1.04MWorld Rnk 110 / 211
Flag Rnk 439 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $7.5k in LCDs, making it the 125th largest exporter of LCDs in the world. At the same year, LCDs was the 363rd most exported product in Mongolia. The main destination of LCDs exports from Mongolia are: Norway ($4.61k), Bulgaria ($2.24k), Austria ($606), and Slovenia ($50).

The fastest growing export markets for LCDs of Mongolia between 2021 and 2022 were Norway ($4.61k) and Bulgaria ($2.24k).

Imports In 2022, Mongolia imported $1.04M in LCDs, becoming the 110th largest importer of LCDs in the world. At the same year, LCDs was the 439th most imported product in Mongolia. Mongolia imports LCDs primarily from: United States ($368k), Russia ($105k), Japan ($98.4k), China ($73.9k), and Austria ($64.5k).

The fastest growing import markets in LCDs for Mongolia between 2021 and 2022 were United States ($222k), Russia ($86.3k), and Hungary ($39k).

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 LCDs. 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)$7.5k
IMPORTS (2022)$1.04M
NET TRADE (2022)-$1.04M

In 2022, Mongolia exported $7.5k in LCDs. The main destinations of Mongolia exports on LCDs were Norway ($4.61k), Bulgaria ($2.24k), Austria ($606), and Slovenia ($50).

In 2022, Mongolia imported $1.04M in LCDs, mainly from United States ($368k), Russia ($105k), Japan ($98.4k), China ($73.9k), and Austria ($64.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Norway$4.61k (1%)
Bulgaria$2.24k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Mongolia WERE (2021 - 2022):
Austria-$4.48k (-88.1%)
Slovenia-$2.93k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.55k
TOP IMPORT POTENTIALChina+ $184k

LCDs’s highest export potential is China. With an export gap of $1.55k.   LCDs’s highest import potential is China with an import gap of $184k.

See methodology.

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