2022
Exports
$11.7MWorld Rnk 82 / 152
Flag Rnk 23 / 652
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$10.8kWorld Rnk 161 / 187
Flag Rnk 973 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $11.7M in Raw Aluminium, making it the 82nd largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 23rd most exported product in Mongolia. The main destination of Raw Aluminium exports from Mongolia are: China ($11.7M).

The fastest growing export markets for Raw Aluminium of Mongolia between 2021 and 2022 were China ($6.06M).

Imports In 2022, Mongolia imported $10.8k in Raw Aluminium, becoming the 161st largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 973rd most imported product in Mongolia. Mongolia imports Raw Aluminium primarily from: Russia ($4.33k), United States ($4.14k), Australia ($1.67k), Italy ($326), and Spain ($225).

The fastest growing import markets in Raw Aluminium for Mongolia between 2021 and 2022 were United States ($4.14k), Australia ($1.67k), and Italy ($326).

Latest Trends

Jul 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 Raw Aluminium. 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)$11.7M
IMPORTS (2022)$10.8k
NET TRADE (2022)$11.7M

In 2022, Mongolia exported $11.7M in Raw Aluminium. The main destinations of Mongolia exports on Raw Aluminium were China ($11.7M).

In 2022, Mongolia imported $10.8k in Raw Aluminium, mainly from Russia ($4.33k), United States ($4.14k), Australia ($1.67k), Italy ($326), and Spain ($225).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):China$6.06M (107%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Mongolia's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.8M
TOP IMPORT POTENTIALRussia+ $13.9k

Raw Aluminium’s highest export potential is China. With an export gap of $9.8M.   Raw Aluminium’s highest import potential is Russia with an import gap of $13.9k.

See methodology.

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