2022
Exports
$1.91MWorld Rnk 59 / 181
Flag Rnk 48 / 652
2022
PRODUCT COMPLEXITY IN Other Mineral
-1.21Rnk 881 / 1025
2022
Imports
$99.7kWorld Rnk 138 / 203
Flag Rnk 793 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.91M in Other Mineral, making it the 59th largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 48th most exported product in Mongolia. The main destination of Other Mineral exports from Mongolia are: Japan ($1.9M), China ($6.68k), Australia ($3.84k), Canada ($2.03k), and Czechia ($1.89k).

The fastest growing export markets for Other Mineral of Mongolia between 2021 and 2022 were Japan ($1.9M), China ($6.6k), and Australia ($3.84k).

Imports In 2018, Mongolia imported $99.7k in Other Mineral, becoming the 138th largest importer of Other Mineral in the world. At the same year, Other Mineral was the 793rd most imported product in Mongolia. Mongolia imports Other Mineral primarily from: China ($74.3k), Australia ($18.8k), New Zealand ($5.5k), Russia ($879), and South Korea ($165).

The fastest growing import markets in Other Mineral for Mongolia between 2021 and 2022 were China ($60.2k), Australia ($18.8k), and New Zealand ($939).

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 Mineral. 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)$1.91M
IMPORTS (2022)$99.7k
NET TRADE (2022)$1.81M

In 2022, Mongolia exported $1.91M in Other Mineral. The main destinations of Mongolia exports on Other Mineral were Japan ($1.9M), China ($6.68k), Australia ($3.84k), Canada ($2.03k), and Czechia ($1.89k).

In 2022, Mongolia imported $99.7k in Other Mineral, mainly from China ($74.3k), Australia ($18.8k), New Zealand ($5.5k), Russia ($879), and South Korea ($165).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Japan$1.9M (1%)
China$6.6k (7.67k%)
Australia$3.84k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Mongolia WERE (2021 - 2022):
Germany-$1.51k (-100%)
France-$58 (-100%)
Netherlands-$58 (-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 Mineral were:
In 2022, Mongolia's main importing competitors in Other Mineral were:

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $80.4k
TOP IMPORT POTENTIALChina+ $43.8k

Other Mineral’s highest export potential is China. With an export gap of $80.4k.   Other Mineral’s highest import potential is China with an import gap of $43.8k.

See methodology.

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