2022
Exports
$825kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Rapeseed Oil
0.16Rnk 502 / 1025
2022
Imports
$12.8kWorld Rnk 168 / 209
Flag Rnk 862 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $12.8k in Rapeseed Oil, becoming the 168th largest importer of Rapeseed Oil in the world. At the same year, Rapeseed Oil was the 862nd most imported product in Mongolia. Mongolia imports Rapeseed Oil primarily from: Germany ($9.05k), Kazakhstan ($2.24k), France ($772), and India ($744).

The fastest growing import markets in Rapeseed Oil for Mongolia between 2022 and 2023 were Kazakhstan ($2.24k), France ($772), and India ($348).

Latest Trends

Jan 2025

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)$825k
IMPORTS (2023)$12.8k
NET TRADE (2023)-$12.8k

In 2023, Mongolia imported $12.8k in Rapeseed Oil, mainly from Germany ($9.05k), Kazakhstan ($2.24k), France ($772), and India ($744).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed Oil BY Mongolia WERE (N/A - 2022):South Korea-$825k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Rapeseed Oil were:
Canada $5.22B
Russia $1.59B
Germany $1.47B
In 2023, 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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