2023
Exports
$104MWorld Rnk 4 / 66
Flag Rnk 13 / 494
falsefalse China
2023
PRODUCT COMPLEXITY IN Lignite
-1.57Rnk 955 / 1025
2023
Imports
$559kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $104M in Lignite, making it the 4th largest exporter of Lignite in the world. At the same year, Lignite was the 13th most exported product in Mongolia. The main destination of Lignite exports from Mongolia are: China ($104M).

The fastest growing export markets for Lignite of Mongolia between 2022 and 2023 were China ($96M).

Imports In 2022, Mongolia imported $559k in Lignite, becoming the 0th largest importer of Lignite in the world. At the same year, Lignite was the 0th most imported product in Mongolia. Mongolia imports Lignite primarily from: N/A.

Latest Trends

Dec 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 Lignite. 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 (2023)$104M
IMPORTS (2022)$559k
NET TRADE (2023)$104M

In 2023, Mongolia exported $104M in Lignite. The main destinations of Mongolia exports on Lignite were China ($104M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lignite EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):China$96M (1.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Mongolia WERE (2022 - 2023):Czechia-$1.01k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Lignite were:
In 2023, Mongolia's main importing competitors in Lignite were:

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.36M
TOP IMPORT POTENTIALIndonesia+ $1.81k

Lignite’s highest export potential is China. With an export gap of $9.36M.   Lignite’s highest import potential is Indonesia with an import gap of $1.81k.

See methodology.

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