2022
Exports
$215World Rnk 168 / 176
Flag Rnk 568 / 652
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$32.5MWorld Rnk 111 / 221
Flag Rnk 46 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $215 in Rice, making it the 168th largest exporter of Rice in the world. At the same year, Rice was the 568th most exported product in Mongolia. The main destination of Rice exports from Mongolia are: Russia ($187) and South Korea ($28).

The fastest growing export markets for Rice of Mongolia between N/A and 2022 were Russia ($187) and South Korea ($28).

Imports In 2022, Mongolia imported $32.5M in Rice, becoming the 111th largest importer of Rice in the world. At the same year, Rice was the 46th most imported product in Mongolia. Mongolia imports Rice primarily from: China ($19.1M), Vietnam ($8.41M), Russia ($2.93M), Kazakhstan ($796k), and Japan ($332k).

The fastest growing import markets in Rice for Mongolia between 2021 and 2022 were China ($429k), India ($119k), and Thailand ($109k).

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 Rice. 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)$215
IMPORTS (2022)$32.5M
NET TRADE (2022)-$32.5M

In 2022, Mongolia exported $215 in Rice. The main destinations of Mongolia exports on Rice were Russia ($187) and South Korea ($28).

In 2022, Mongolia imported $32.5M in Rice, mainly from China ($19.1M), Vietnam ($8.41M), Russia ($2.93M), Kazakhstan ($796k), and Japan ($332k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):
Russia$187 (1%)
South Korea$28 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Mongolia's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $916
TOP IMPORT POTENTIALIndia+ $763k

Rice’s highest export potential is China. With an export gap of $916.   Rice’s highest import potential is India with an import gap of $763k.

See methodology.

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