2022
Exports
$986kWorld Rnk 56 / 113
Flag Rnk 77 / 652
2022
PRODUCT COMPLEXITY IN Rapeseed Oil
0.26Rnk 466 / 1025
2022
Imports
$671kWorld Rnk 101 / 208
Flag Rnk 514 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $986k in Rapeseed Oil, making it the 56th largest exporter of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 77th most exported product in Mongolia. The main destination of Rapeseed Oil exports from Mongolia are: South Korea ($986k).

The fastest growing export markets for Rapeseed Oil of Mongolia between N/A and 2022 were South Korea ($986k).

Imports In 2022, Mongolia imported $671k in Rapeseed Oil, becoming the 101st largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 514th most imported product in Mongolia. Mongolia imports Rapeseed Oil primarily from: Russia ($610k), South Korea ($30.7k), Japan ($17.7k), Germany ($8.1k), and United States ($2.63k).

The fastest growing import markets in Rapeseed Oil for Mongolia between 2021 and 2022 were Russia ($489k), Japan ($16.1k), and South Korea ($12.1k).

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 Rapeseed Oil. 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)$986k
IMPORTS (2022)$671k
NET TRADE (2022)$314k

In 2022, Mongolia exported $986k in Rapeseed Oil. The main destinations of Mongolia exports on Rapeseed Oil were South Korea ($986k).

In 2022, Mongolia imported $671k in Rapeseed Oil, mainly from Russia ($610k), South Korea ($30.7k), Japan ($17.7k), Germany ($8.1k), and United States ($2.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rapeseed Oil EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):South Korea$986k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Rapeseed Oil were:
Canada $4.86B
Germany $1.77B
Russia $1.15B
In 2022, Mongolia's main importing competitors in Rapeseed Oil were:

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Trade Value of Rapeseed Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.44k
TOP IMPORT POTENTIALRussia+ $195k

Rapeseed Oil’s highest export potential is China. With an export gap of $3.44k.   Rapeseed Oil’s highest import potential is Russia with an import gap of $195k.

See methodology.

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