2022
Exports
$1.91MWorld Rnk 52 / 179
Flag Rnk 53 / 1518
2022
Imports
$93.3kWorld Rnk 130 / 198
Flag Rnk 2057 / 3730
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.91M in Mineral substances, nes, making it the 52nd largest exporter of Mineral substances, nes in the world. At the same year, Mineral substances, nes was the 53rd most exported product in Mongolia. The main destination of Mineral substances, nes exports from Mongolia are: Japan ($1.9M), China ($6.68k), Australia ($3.84k), Canada ($2.03k), and Czechia ($1.89k).

The fastest growing export markets for Mineral substances, nes of Mongolia between 2021 and 2022 were Japan ($1.9M), China ($6.6k), and Australia ($3.84k).

Imports In 2022, Mongolia imported $93.3k in Mineral substances, nes, becoming the 130th largest importer of Mineral substances, nes in the world. At the same year, Mineral substances, nes was the 2057th most imported product in Mongolia. Mongolia imports Mineral substances, nes primarily from: China ($69.6k), Australia ($17.3k), New Zealand ($5.5k), Russia ($879), and Netherlands ($65).

The fastest growing import markets in Mineral substances, nes for Mongolia between 2021 and 2022 were China ($61k), Australia ($17.3k), and New Zealand ($939).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Mineral substances, nes. 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)$1.91M
IMPORTS (2022)$93.3k
NET TRADE (2022)$1.82M

In 2022, Mongolia exported $1.91M in Mineral substances, nes. The main destinations of Mongolia exports on Mineral substances, nes were Japan ($1.9M), China ($6.68k), Australia ($3.84k), Canada ($2.03k), and Czechia ($1.89k).

In 2022, Mongolia imported $93.3k in Mineral substances, nes, mainly from China ($69.6k), Australia ($17.3k), New Zealand ($5.5k), Russia ($879), and Netherlands ($65).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral substances, nes EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Japan$1.9M (1%)
China$6.6k (7.67k%)
Australia$3.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral substances, nes BY Mongolia WERE (2021 - 2022):
Germany-$1.51k (-100%)
France-$58 (-100%)
Netherlands-$58 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Mineral substances, nes were:
In 2022, Mongolia's main importing competitors in Mineral substances, nes were:

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Trade Value of Mineral substances, nes by Exporters

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