Metals in Mongolia | The Observatory of Economic Complexity

About

Exports In 2022, Mongolia exported $119M in Metals, making it the 126th largest exporter of Metals in the world. At the same year, Metals was the 4th most exported product in Mongolia. The main destination of Metals exports from Mongolia are: China ($115M), Japan ($2.4M), South Korea ($838k), Singapore ($504k), and Russia ($198k).

The fastest growing export markets for Metals of Mongolia between 2021 and 2022 were China ($5.61M), Singapore ($340k), and South Korea ($326k).

Imports In 2022, Mongolia imported $812M in Metals, becoming the 106th largest importer of Metals in the world. At the same year, Metals was the 4th most imported product in Mongolia. Mongolia imports Metals primarily from: China ($548M), Russia ($163M), South Korea ($13.6M), Turkey ($11.8M), and Germany ($8.44M).

The fastest growing import markets in Metals for Mongolia between 2021 and 2022 were China ($202M), Russia ($29.7M), and Vietnam ($6.43M).

Jul 2024

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Metals. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$119M

IMPORTS (2022)$812M

NET TRADE (2022)-$692M

In 2022, Mongolia exported $119M in Metals. The main destinations of Mongolia exports on Metals were China ($115M), Japan ($2.4M), South Korea ($838k), Singapore ($504k), and Russia ($198k).

In 2022, Mongolia imported $812M in Metals, mainly from China ($548M), Russia ($163M), South Korea ($13.6M), Turkey ($11.8M), and Germany ($8.44M).