2022
Exports
$1.29kWorld Rnk 155 / 177
Flag Rnk 477 / 652
2022
PRODUCT COMPLEXITY IN Other Sugars
-0.11Rnk 587 / 1025
2022
Imports
$2.25MWorld Rnk 123 / 221
Flag Rnk 326 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.29k in Other Sugars, making it the 155th largest exporter of Other Sugars in the world. At the same year, Other Sugars was the 477th most exported product in Mongolia. The main destination of Other Sugars exports from Mongolia are: Sweden ($862), South Korea ($397), and Ireland ($32).

The fastest growing export markets for Other Sugars of Mongolia between 2021 and 2022 were Sweden ($633) and Ireland ($32).

Imports In 2022, Mongolia imported $2.25M in Other Sugars, becoming the 123rd largest importer of Other Sugars in the world. At the same year, Other Sugars was the 326th most imported product in Mongolia. Mongolia imports Other Sugars primarily from: China ($1.64M), South Korea ($240k), Germany ($114k), Russia ($85.1k), and Italy ($34.4k).

The fastest growing import markets in Other Sugars for Mongolia between 2021 and 2022 were South Korea ($133k), Germany ($52.5k), and United States ($26k).

Latest Trends

Sep 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 Sugars. 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)$1.29k
IMPORTS (2022)$2.25M
NET TRADE (2022)-$2.25M

In 2022, Mongolia exported $1.29k in Other Sugars. The main destinations of Mongolia exports on Other Sugars were Sweden ($862), South Korea ($397), and Ireland ($32).

In 2022, Mongolia imported $2.25M in Other Sugars, mainly from China ($1.64M), South Korea ($240k), Germany ($114k), Russia ($85.1k), and Italy ($34.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sugars EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Sweden$633 (276%)
Ireland$32 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sugars BY Mongolia WERE (2021 - 2022):South Korea-$978 (-71.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Sugars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $1.11k
TOP IMPORT POTENTIALChina+ $591k

Other Sugars’s highest export potential is South Korea. With an export gap of $1.11k.   Other Sugars’s highest import potential is China with an import gap of $591k.

See methodology.

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