2018
Exports
$56World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2018
Imports
$2.63MWorld Rnk 95 / 213
Flag Rnk 304 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $2.63M in Other Iron Bars, becoming the 95th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 304th most imported product in Mongolia. Mongolia imports Other Iron Bars primarily from: Russia ($2.57M), Japan ($35k), Australia ($7.51k), Netherlands ($4.22k), and Finland ($3.63k).

The fastest growing import markets in Other Iron Bars for Mongolia between 2021 and 2022 were Russia ($1.87M), Japan ($35k), and China ($1.66k).

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 Other Iron Bars. 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 (2021)$56
IMPORTS (2022)$2.63M
NET TRADE (2022)-$2.63M

In 2022, Mongolia imported $2.63M in Other Iron Bars, mainly from Russia ($2.57M), Japan ($35k), Australia ($7.51k), Netherlands ($4.22k), and Finland ($3.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Mongolia WERE (N/A - 2021):Canada-$56 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Iron Bars were:
In 2022, Mongolia's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $444
TOP IMPORT POTENTIALJapan+ $34.1k

Other Iron Bars’s highest export potential is China. With an export gap of $444.   Other Iron Bars’s highest import potential is Japan with an import gap of $34.1k.

See methodology.

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