2022
Exports
$4.68MWorld Rnk 17 / 133
Flag Rnk 30 / 652
falsefalse Belgium
2022
Imports
$16.1kWorld Rnk 68 / 119
Flag Rnk 953 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.68M in Other Ores, making it the 17th largest exporter of Other Ores in the world. At the same year, Other Ores was the 30th most exported product in Mongolia. The main destination of Other Ores exports from Mongolia are: Belgium ($4.68M) and Canada ($13).

Imports In 2022, Mongolia imported $16.1k in Other Ores, becoming the 68th largest importer of Other Ores in the world. At the same year, Other Ores was the 953rd most imported product in Mongolia. Mongolia imports Other Ores primarily from: New Zealand ($16k) and Canada ($166).

The fastest growing import markets in Other Ores for Mongolia between 2021 and 2022 were New Zealand ($9.48k) and Canada ($166).

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 Ores. 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)$4.68M
IMPORTS (2022)$16.1k
NET TRADE (2022)$4.66M

In 2022, Mongolia exported $4.68M in Other Ores. The main destinations of Mongolia exports on Other Ores were Belgium ($4.68M) and Canada ($13).

In 2022, Mongolia imported $16.1k in Other Ores, mainly from New Zealand ($16k) and Canada ($166).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY Mongolia WERE (2021 - 2022):
Belgium-$1.3M (-21.7%)
China-$103 (-100%)
Canada-$15 (-53.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Ores by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.38k
TOP IMPORT POTENTIALCanada+ $672

Other Ores’s highest export potential is China. With an export gap of $3.38k.   Other Ores’s highest import potential is Canada with an import gap of $672.

See methodology.

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