2022
Exports
$987World Rnk 192 / 213
Flag Rnk 492 / 652
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$5.78MWorld Rnk 136 / 221
Flag Rnk 198 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $987 in Semiconductor Devices, making it the 192nd largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 492nd most exported product in Mongolia. The main destination of Semiconductor Devices exports from Mongolia are: Singapore ($774) and Finland ($213).

The fastest growing export markets for Semiconductor Devices of Mongolia between 2021 and 2022 were Singapore ($352) and Finland ($213).

Imports In 2022, Mongolia imported $5.78M in Semiconductor Devices, becoming the 136th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 198th most imported product in Mongolia. Mongolia imports Semiconductor Devices primarily from: China ($5.48M), Hungary ($99.8k), South Korea ($42.2k), South Africa ($25.8k), and Germany ($14k).

The fastest growing import markets in Semiconductor Devices for Mongolia between 2021 and 2022 were Hungary ($99.8k), South Korea ($40k), and South Africa ($25.8k).

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 Semiconductor Devices. 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)$987
IMPORTS (2022)$5.78M
NET TRADE (2022)-$5.78M

In 2022, Mongolia exported $987 in Semiconductor Devices. The main destinations of Mongolia exports on Semiconductor Devices were Singapore ($774) and Finland ($213).

In 2022, Mongolia imported $5.78M in Semiconductor Devices, mainly from China ($5.48M), Hungary ($99.8k), South Korea ($42.2k), South Africa ($25.8k), and Germany ($14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Singapore$352 (83.4%)
Finland$213 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Mongolia WERE (2021 - 2022):
Canada-$7.36k (-100%)
China-$1.56k (-100%)
New Zealand-$1.28k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, Mongolia's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $2.54k
TOP IMPORT POTENTIALChina+ $5.08M

Semiconductor Devices’s highest export potential is United Kingdom. With an export gap of $2.54k.   Semiconductor Devices’s highest import potential is China with an import gap of $5.08M.

See methodology.

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