2022
Exports
$65.3kWorld Rnk 152 / 221
Flag Rnk 213 / 652
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$9.62MWorld Rnk 128 / 225
Flag Rnk 141 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $65.3k in Non-Knit Men's Suits, making it the 152nd largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 213th most exported product in Mongolia. The main destination of Non-Knit Men's Suits exports from Mongolia are: China ($16.3k), United States ($14.9k), Netherlands ($6.37k), United Kingdom ($4.04k), and South Korea ($4k).

The fastest growing export markets for Non-Knit Men's Suits of Mongolia between 2021 and 2022 were United Kingdom ($4.04k), Netherlands ($2.77k), and South Korea ($2.62k).

Imports In 2022, Mongolia imported $9.62M in Non-Knit Men's Suits, becoming the 128th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 141st most imported product in Mongolia. Mongolia imports Non-Knit Men's Suits primarily from: China ($3.42M), Germany ($1.27M), Bangladesh ($786k), Italy ($547k), and Turkey ($534k).

The fastest growing import markets in Non-Knit Men's Suits for Mongolia between 2021 and 2022 were China ($1.75M), Germany ($420k), and Bangladesh ($297k).

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 Non-Knit Men's Suits. 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)$65.3k
IMPORTS (2022)$9.62M
NET TRADE (2022)-$9.56M

In 2022, Mongolia exported $65.3k in Non-Knit Men's Suits. The main destinations of Mongolia exports on Non-Knit Men's Suits were China ($16.3k), United States ($14.9k), Netherlands ($6.37k), United Kingdom ($4.04k), and South Korea ($4k).

In 2022, Mongolia imported $9.62M in Non-Knit Men's Suits, mainly from China ($3.42M), Germany ($1.27M), Bangladesh ($786k), Italy ($547k), and Turkey ($534k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
United Kingdom$4.04k (1%)
Netherlands$2.77k (77.1%)
South Korea$2.62k (190%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Mongolia WERE (2021 - 2022):
Germany-$71.4k (-95.4%)
China-$26.3k (-61.8%)
Peru-$6.74k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Mongolia's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $56.4k
TOP IMPORT POTENTIALChina+ $3.9M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $56.4k.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $3.9M.

See methodology.

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