2022
Exports
$41.3MWorld Rnk 55 / 152
Flag Rnk 14 / 652
2022
PRODUCT COMPLEXITY IN Planes, Helicopters, and/or Spacecraft
0.3Rnk 448 / 1025
2022
Imports
$206MWorld Rnk 59 / 184
Flag Rnk 6 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $41.3M in Planes, Helicopters, and/or Spacecraft, making it the 55th largest exporter of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 14th most exported product in Mongolia. The main destination of Planes, Helicopters, and/or Spacecraft exports from Mongolia are: Russia ($28.5M), Germany ($9.99M), Ethiopia ($1.6M), United States ($1.25M), and Nigeria ($5.31k).

The fastest growing export markets for Planes, Helicopters, and/or Spacecraft of Mongolia between 2021 and 2022 were Russia ($28.5M), Germany ($9.51M), and Ethiopia ($1.6M).

Imports In 2022, Mongolia imported $206M in Planes, Helicopters, and/or Spacecraft, becoming the 59th largest importer of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 6th most imported product in Mongolia. Mongolia imports Planes, Helicopters, and/or Spacecraft primarily from: France ($85.9M), United States ($56.7M), Ireland ($34M), Russia ($22.7M), and China ($6.21M).

The fastest growing import markets in Planes, Helicopters, and/or Spacecraft for Mongolia between 2021 and 2022 were France ($74.3M), United States ($54.7M), and Ireland ($34M).

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 Planes, Helicopters, and/or Spacecraft. 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)$41.3M
IMPORTS (2022)$206M
NET TRADE (2022)-$165M

In 2022, Mongolia exported $41.3M in Planes, Helicopters, and/or Spacecraft. The main destinations of Mongolia exports on Planes, Helicopters, and/or Spacecraft were Russia ($28.5M), Germany ($9.99M), Ethiopia ($1.6M), United States ($1.25M), and Nigeria ($5.31k).

In 2022, Mongolia imported $206M in Planes, Helicopters, and/or Spacecraft, mainly from France ($85.9M), United States ($56.7M), Ireland ($34M), Russia ($22.7M), and China ($6.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Planes, Helicopters, and/or Spacecraft EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$28.5M (1%)
Germany$9.51M (1.98k%)
Ethiopia$1.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Planes, Helicopters, and/or Spacecraft BY Mongolia WERE (2021 - 2022):
United States-$20.8M (-94.3%)
Netherlands-$379k (-100%)
China-$2.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Planes, Helicopters, and/or Spacecraft were:
In 2022, Mongolia's main importing competitors in Planes, Helicopters, and/or Spacecraft were:

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Trade Value of Planes, Helicopters, and/or Spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.76M
TOP IMPORT POTENTIALChina+ $5.48M

Planes, Helicopters, and/or Spacecraft’s highest export potential is United States. With an export gap of $2.76M.   Planes, Helicopters, and/or Spacecraft’s highest import potential is China with an import gap of $5.48M.

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