2022
Exports
$3.21kWorld Rnk 58 / 80
Flag Rnk 429 / 652
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$27.6kWorld Rnk 76 / 144
Flag Rnk 907 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $3.21k in Rare-Earth Metal Compounds, making it the 58th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 429th most exported product in Mongolia. The main destination of Rare-Earth Metal Compounds exports from Mongolia are: United States ($3.21k).

The fastest growing export markets for Rare-Earth Metal Compounds of Mongolia between N/A and 2022 were United States ($3.21k).

Imports In 2022, Mongolia imported $27.6k in Rare-Earth Metal Compounds, becoming the 76th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 907th most imported product in Mongolia. Mongolia imports Rare-Earth Metal Compounds primarily from: China ($27.6k).

The fastest growing import markets in Rare-Earth Metal Compounds for Mongolia between N/A and 2022 were China ($27.6k).

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 Rare-Earth Metal Compounds. 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)$3.21k
IMPORTS (2022)$27.6k
NET TRADE (2022)-$24.4k

In 2022, Mongolia exported $3.21k in Rare-Earth Metal Compounds. The main destinations of Mongolia exports on Rare-Earth Metal Compounds were United States ($3.21k).

In 2022, Mongolia imported $27.6k in Rare-Earth Metal Compounds, mainly from China ($27.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):United States$3.21k (1%)

Change in Exports by Market (2018 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Mongolia's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.99k
TOP IMPORT POTENTIALChina+ $30.6k

Rare-Earth Metal Compounds’s highest export potential is United States. With an export gap of $3.99k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $30.6k.

See methodology.

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