2023
Exports
$5.15MWorld Rnk 105 / 215
Flag Rnk 21 / 86
2023
PRODUCT COMPLEXITY IN Organic chemicals
1.84Rnk 10 / 1025
2023
Imports
$11.8MWorld Rnk 147 / 225
Flag Rnk 47 / 96
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $5.15M in Organic chemicals, making it the 105th largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 21st most exported product in Mongolia. The main destination of Organic chemicals exports from Mongolia are: Brazil ($2.63M), Nigeria ($2.2M), Czechia ($172k), Indonesia ($120k), and Slovakia ($22.4k).

The fastest growing export markets for Organic chemicals of Mongolia between 2022 and 2023 were Brazil ($2.34M), Nigeria ($2.12M), and Indonesia ($120k).

Imports In 2023, Mongolia imported $11.8M in Organic chemicals, becoming the 147th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 47th most imported product in Mongolia. Mongolia imports Organic chemicals primarily from: China ($8.7M), France ($2.19M), United States ($367k), Poland ($142k), and Australia ($106k).

The fastest growing import markets in Organic chemicals for Mongolia between 2022 and 2023 were France ($1.8M), Poland ($87.2k), and United States ($82.3k).

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 Organic chemicals. 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)$5.15M
IMPORTS (2023)$11.8M
NET TRADE (2023)-$6.69M

In 2023, Mongolia exported $5.15M in Organic chemicals. The main destinations of Mongolia exports on Organic chemicals were Brazil ($2.63M), Nigeria ($2.2M), Czechia ($172k), Indonesia ($120k), and Slovakia ($22.4k).

In 2023, Mongolia imported $11.8M in Organic chemicals, mainly from China ($8.7M), France ($2.19M), United States ($367k), Poland ($142k), and Australia ($106k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Brazil$2.34M (802%)
Nigeria$2.12M (2.52k%)
Indonesia$120k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Mongolia WERE (2022 - 2023):
Poland-$152k (-99.9%)
Italy-$86.3k (-100%)
Czechia-$41.4k (-19.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Organic chemicals were:
In 2023, Mongolia's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $118k
TOP IMPORT POTENTIALChina+ $9.51M

Organic chemicals’s highest export potential is Brazil. With an export gap of $118k.   Organic chemicals’s highest import potential is China with an import gap of $9.51M.

See methodology.

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