2022
Exports
$1.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Non-Mechanical Removal Machinery
1.8Rnk 15 / 1025
2022
Imports
$752kWorld Rnk 115 / 202
Flag Rnk 411 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $752k in Non-Mechanical Removal Machinery, becoming the 115th largest importer of Non-Mechanical Removal Machinery in the world. At the same year, Non-Mechanical Removal Machinery was the 411th most imported product in Mongolia. Mongolia imports Non-Mechanical Removal Machinery primarily from: China ($669k), Australia ($46.7k), Turkey ($22.4k), Chinese Taipei ($13.6k), and Lithuania ($385).

The fastest growing import markets in Non-Mechanical Removal Machinery for Mongolia between 2022 and 2023 were China ($317k), Australia ($46.7k), and Turkey ($22.4k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.9k
IMPORTS (2023)$752k
NET TRADE (2023)-$752k

In 2023, Mongolia imported $752k in Non-Mechanical Removal Machinery, mainly from China ($669k), Australia ($46.7k), Turkey ($22.4k), Chinese Taipei ($13.6k), and Lithuania ($385).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Mechanical Removal Machinery BY Mongolia WERE (N/A - 2022):Kazakhstan-$1.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Mongolia's main exporting competitors in Non-Mechanical Removal Machinery were:
China $1.97B
Germany $1.22B
Japan $1.11B
In 2023, Mongolia's main importing competitors in Non-Mechanical Removal Machinery were:

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Trade Value of Non-Mechanical Removal Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $957
TOP IMPORT POTENTIALChina+ $320k

Non-Mechanical Removal Machinery’s highest export potential is China. With an export gap of $957.   Non-Mechanical Removal Machinery’s highest import potential is China with an import gap of $320k.

See methodology.

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