2023
Exports
$46.5MWorld Rnk 24 / 79
Flag Rnk 16 / 494
2023
PRODUCT COMPLEXITY IN Rapeseed
-0.22Rnk 622 / 1025
2023
Imports
$133kWorld Rnk 73 / 125
Flag Rnk 646 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $46.5M in Rapeseed, making it the 24th largest exporter of Rapeseed in the world. At the same year, Rapeseed was the 16th most exported product in Mongolia. The main destination of Rapeseed exports from Mongolia are: China ($46.5M).

The fastest growing export markets for Rapeseed of Mongolia between 2022 and 2023 were China ($32.7M).

Imports In 2023, Mongolia imported $133k in Rapeseed, becoming the 73rd largest importer of Rapeseed in the world. At the same year, Rapeseed was the 646th most imported product in Mongolia. Mongolia imports Rapeseed primarily from: Kazakhstan ($133k).

The fastest growing import markets in Rapeseed for Mongolia between N/A and 2023 were Kazakhstan ($133k).

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 Rapeseed. 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)$46.5M
IMPORTS (2023)$133k
NET TRADE (2023)$46.4M

In 2023, Mongolia exported $46.5M in Rapeseed. The main destinations of Mongolia exports on Rapeseed were China ($46.5M).

In 2023, Mongolia imported $133k in Rapeseed, mainly from Kazakhstan ($133k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rapeseed EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):China$32.7M (235%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rapeseed BY Mongolia WERE (2022 - 2023):Estonia-$269k (-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 were:
In 2023, Mongolia's main importing competitors in Rapeseed were:
Germany $3.36B
China $3.27B
Japan $1.29B

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Trade Value of Rapeseed by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.35M
TOP IMPORT POTENTIALAustralia+ $408

Rapeseed’s highest export potential is China. With an export gap of $7.35M.   Rapeseed’s highest import potential is Australia with an import gap of $408.

See methodology.

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