2022
Exports
$10.5kWorld Rnk 146 / 203
Flag Rnk 334 / 652
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$936kWorld Rnk 129 / 225
Flag Rnk 464 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $10.5k in Other Wood Articles, making it the 146th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 334th most exported product in Mongolia. The main destination of Other Wood Articles exports from Mongolia are: South Korea ($4.5k), United Arab Emirates ($3.88k), Canada ($1.12k), France ($433), and Switzerland ($384).

The fastest growing export markets for Other Wood Articles of Mongolia between 2021 and 2022 were South Korea ($4.37k), Canada ($983), and France ($433).

Imports In 2022, Mongolia imported $936k in Other Wood Articles, becoming the 129th largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 464th most imported product in Mongolia. Mongolia imports Other Wood Articles primarily from: Russia ($397k), China ($283k), Belarus ($97.9k), South Korea ($64k), and United Arab Emirates ($15.4k).

The fastest growing import markets in Other Wood Articles for Mongolia between 2021 and 2022 were Russia ($225k), Belarus ($84.7k), and China ($64.9k).

Latest Trends

Jul 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 Wood Articles. 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)$10.5k
IMPORTS (2022)$936k
NET TRADE (2022)-$925k

In 2022, Mongolia exported $10.5k in Other Wood Articles. The main destinations of Mongolia exports on Other Wood Articles were South Korea ($4.5k), United Arab Emirates ($3.88k), Canada ($1.12k), France ($433), and Switzerland ($384).

In 2022, Mongolia imported $936k in Other Wood Articles, mainly from Russia ($397k), China ($283k), Belarus ($97.9k), South Korea ($64k), and United Arab Emirates ($15.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$4.37k (3.44k%)
Canada$983 (739%)
France$433 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Mongolia WERE (2021 - 2022):
United Arab Emirates-$11.7k (-75.1%)
Germany-$1.27k (-100%)
Belgium-$887 (-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 Wood Articles were:
China $4.03B
In 2022, Mongolia's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $6.07k
TOP IMPORT POTENTIALChina+ $420k

Other Wood Articles’s highest export potential is South Korea. With an export gap of $6.07k.   Other Wood Articles’s highest import potential is China with an import gap of $420k.

See methodology.

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