2023
Exports
$88.2kWorld Rnk 183 / 225
Flag Rnk 57 / 86
2023
PRODUCT COMPLEXITY IN Perfumery & cosmetics
0.37Rnk 427 / 1025
2023
Imports
$39.8MWorld Rnk 142 / 226
Flag Rnk 23 / 96
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $88.2k in Perfumery & cosmetics, making it the 183rd largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 57th most exported product in Mongolia. The main destination of Perfumery & cosmetics exports from Mongolia are: Australia ($43.4k), Hong Kong ($19.4k), France ($6.95k), Chinese Taipei ($4.24k), and United Kingdom ($3.84k).

The fastest growing export markets for Perfumery & cosmetics of Mongolia between 2022 and 2023 were Australia ($43.2k), Hong Kong ($18.4k), and France ($5.64k).

Imports In 2023, Mongolia imported $39.8M in Perfumery & cosmetics, becoming the 142nd largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 23rd most imported product in Mongolia. Mongolia imports Perfumery & cosmetics primarily from: Poland ($6.97M), Germany ($5.59M), Japan ($4.97M), France ($4.74M), and Turkey ($3M).

The fastest growing import markets in Perfumery & cosmetics for Mongolia between 2022 and 2023 were Turkey ($1.56M), Poland ($1.33M), and Czechia ($1.07M).

Latest Trends

Dec 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 Perfumery & cosmetics. 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 (2023)$88.2k
IMPORTS (2023)$39.8M
NET TRADE (2023)-$39.7M

In 2023, Mongolia exported $88.2k in Perfumery & cosmetics. The main destinations of Mongolia exports on Perfumery & cosmetics were Australia ($43.4k), Hong Kong ($19.4k), France ($6.95k), Chinese Taipei ($4.24k), and United Kingdom ($3.84k).

In 2023, Mongolia imported $39.8M in Perfumery & cosmetics, mainly from Poland ($6.97M), Germany ($5.59M), Japan ($4.97M), France ($4.74M), and Turkey ($3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):
Australia$43.2k (17.6k%)
Hong Kong$18.4k (1.74k%)
France$5.64k (428%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Mongolia WERE (2022 - 2023):
Russia-$94.4k (-100%)
South Korea-$35.1k (-100%)
Switzerland-$7.42k (-92.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Perfumery & cosmetics were:
In 2023, Mongolia's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $119k
TOP IMPORT POTENTIALChina+ $4.8M

Perfumery & cosmetics’s highest export potential is Russia. With an export gap of $119k.   Perfumery & cosmetics’s highest import potential is China with an import gap of $4.8M.

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