2022
Exports
$16.9MWorld Rnk 55 / 167
Flag Rnk 18 / 652
2022
PRODUCT COMPLEXITY IN Other Prepared Meat
-0.061Rnk 567 / 1025
2022
Imports
$7.24MWorld Rnk 110 / 223
Flag Rnk 175 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $16.9M in Other Prepared Meat, making it the 55th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 18th most exported product in Mongolia. The main destination of Other Prepared Meat exports from Mongolia are: China ($16.6M), Russia ($290k), Japan ($24.6k), and South Korea ($13).

The fastest growing export markets for Other Prepared Meat of Mongolia between 2021 and 2022 were Russia ($201k) and Japan ($24.6k).

Imports In 2022, Mongolia imported $7.24M in Other Prepared Meat, becoming the 110th largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 175th most imported product in Mongolia. Mongolia imports Other Prepared Meat primarily from: Russia ($3.75M), China ($1.99M), Germany ($467k), South Korea ($396k), and Belgium ($193k).

The fastest growing import markets in Other Prepared Meat for Mongolia between 2021 and 2022 were Russia ($1.92M), China ($448k), and South Korea ($218k).

Latest Trends

Aug 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 Prepared Meat. 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)$16.9M
IMPORTS (2022)$7.24M
NET TRADE (2022)$9.7M

In 2022, Mongolia exported $16.9M in Other Prepared Meat. The main destinations of Mongolia exports on Other Prepared Meat were China ($16.6M), Russia ($290k), Japan ($24.6k), and South Korea ($13).

In 2022, Mongolia imported $7.24M in Other Prepared Meat, mainly from Russia ($3.75M), China ($1.99M), Germany ($467k), South Korea ($396k), and Belgium ($193k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$201k (228%)
Japan$24.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Mongolia WERE (2021 - 2022):
China-$21.8M (-56.7%)
South Korea-$16 (-55.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Prepared Meat were:
Germany $1.88B
China $1.78B
In 2022, Mongolia's main importing competitors in Other Prepared Meat were:

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Trade Value of Other Prepared Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $220k
TOP IMPORT POTENTIALChina+ $1.32M

Other Prepared Meat’s highest export potential is Russia. With an export gap of $220k.   Other Prepared Meat’s highest import potential is China with an import gap of $1.32M.

See methodology.

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