2023
Exports
$699kWorld Rnk 121 / 222
Flag Rnk 70 / 494
2023
PRODUCT COMPLEXITY IN Non-Knit Women's Suits
-1.24Rnk 887 / 1025
2023
Imports
$7.55MWorld Rnk 134 / 223
Flag Rnk 136 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $699k in Non-Knit Women's Suits, making it the 121st largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 70th most exported product in Mongolia. The main destination of Non-Knit Women's Suits exports from Mongolia are: Italy ($205k), Germany ($117k), France ($95k), China ($70.2k), and United Kingdom ($50.6k).

The fastest growing export markets for Non-Knit Women's Suits of Mongolia between 2022 and 2023 were Italy ($202k), Germany ($93.5k), and Switzerland ($10.4k).

Imports In 2023, Mongolia imported $7.55M in Non-Knit Women's Suits, becoming the 134th largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 136th most imported product in Mongolia. Mongolia imports Non-Knit Women's Suits primarily from: Italy ($3.84M), China ($1.22M), Germany ($553k), Spain ($339k), and France ($335k).

The fastest growing import markets in Non-Knit Women's Suits for Mongolia between 2022 and 2023 were Italy ($2.55M), China ($360k), and Germany ($326k).

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 Non-Knit Women'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 (2023)$699k
IMPORTS (2023)$7.55M
NET TRADE (2023)-$6.85M

In 2023, Mongolia exported $699k in Non-Knit Women's Suits. The main destinations of Mongolia exports on Non-Knit Women's Suits were Italy ($205k), Germany ($117k), France ($95k), China ($70.2k), and United Kingdom ($50.6k).

In 2023, Mongolia imported $7.55M in Non-Knit Women's Suits, mainly from Italy ($3.84M), China ($1.22M), Germany ($553k), Spain ($339k), and France ($335k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Italy$202k (7.71k%)
Germany$93.5k (395%)
Switzerland$10.4k (37.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY Mongolia WERE (2022 - 2023):
United States-$99.9k (-68.5%)
United Kingdom-$87.3k (-63.3%)
South Korea-$78.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Non-Knit Women's Suits were:
China $20.4B
Turkey $4.56B
In 2023, Mongolia's main importing competitors in Non-Knit Women's Suits were:

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

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $361k
TOP IMPORT POTENTIALChina+ $2.47M

Non-Knit Women's Suits’s highest export potential is United States. With an export gap of $361k.   Non-Knit Women's Suits’s highest import potential is China with an import gap of $2.47M.

See methodology.

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