2022
Exports
$830kWorld Rnk 133 / 214
Flag Rnk 36 / 92
2022
PRODUCT COMPLEXITY IN Organic chemicals
1.95Rnk 8 / 1025
2022
Imports
$23.8MWorld Rnk 131 / 225
Flag Rnk 44 / 96
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $830k in Organic chemicals, making it the 133rd largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 36th most exported product in Mongolia. The main destination of Organic chemicals exports from Mongolia are: Brazil ($272k), Czechia ($213k), Poland ($149k), Italy ($83.6k), and Nigeria ($76.4k).

The fastest growing export markets for Organic chemicals of Mongolia between 2021 and 2022 were Czechia ($167k), Poland ($149k), and Italy ($83.6k).

Imports In 2022, Mongolia imported $23.8M in Organic chemicals, becoming the 131st largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 44th most imported product in Mongolia. Mongolia imports Organic chemicals primarily from: China ($11.3M), Russia ($5.1M), Mexico ($2.57M), Canada ($2.33M), and France ($547k).

The fastest growing import markets in Organic chemicals for Mongolia between 2021 and 2022 were China ($3.52M), Mexico ($2.57M), and Russia ($1.42M).

Latest Trends

Jul 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 (2022)$830k
IMPORTS (2022)$23.8M
NET TRADE (2022)-$23M

In 2022, Mongolia exported $830k in Organic chemicals. The main destinations of Mongolia exports on Organic chemicals were Brazil ($272k), Czechia ($213k), Poland ($149k), Italy ($83.6k), and Nigeria ($76.4k).

In 2022, Mongolia imported $23.8M in Organic chemicals, mainly from China ($11.3M), Russia ($5.1M), Mexico ($2.57M), Canada ($2.33M), and France ($547k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Czechia$167k (357%)
Poland$149k (1%)
Italy$83.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Mongolia WERE (2021 - 2022):
Brazil-$354k (-56.6%)
India-$347k (-100%)
China-$101k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Organic chemicals were:
In 2022, 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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