2023
Exports
$19.5kWorld Rnk 145 / 184
Flag Rnk 250 / 494
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$31.1MWorld Rnk 113 / 223
Flag Rnk 37 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Exports In 2023, Mongolia exported $19.5k in Rice, making it the 145th largest exporter of Rice in the world. At the same year, Rice was the 250th most exported product in Mongolia. The main destination of Rice exports from Mongolia are: Slovakia ($19.5k).

The fastest growing export markets for Rice of Mongolia between 2022 and 2023 were Slovakia ($19.5k).

Imports In 2023, Mongolia imported $31.1M in Rice, becoming the 113th largest importer of Rice in the world. At the same year, Rice was the 37th most imported product in Mongolia. Mongolia imports Rice primarily from: China ($30.5M), Japan ($251k), Kazakhstan ($157k), Thailand ($140k), and India ($25.6k).

The fastest growing import markets in Rice for Mongolia between 2022 and 2023 were China ($13.1M), Italy ($88), and Ukraine ($79).

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 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 (2023)$19.5k
IMPORTS (2023)$31.1M
NET TRADE (2023)-$31.1M

In 2023, Mongolia exported $19.5k in Rice. The main destinations of Mongolia exports on Rice were Slovakia ($19.5k).

In 2023, Mongolia imported $31.1M in Rice, mainly from China ($30.5M), Japan ($251k), Kazakhstan ($157k), Thailand ($140k), and India ($25.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Mongolia WERE (2022 - 2023):Slovakia$19.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Mongolia WERE (2022 - 2023):
Russia-$187 (-100%)
South Korea-$31 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Rice were:
In 2023, 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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