2022
Exports
$173World Rnk 123 / 133
Flag Rnk 579 / 652
2022
PRODUCT COMPLEXITY IN Silk Fabrics
0.43Rnk 394 / 1025
2022
Imports
$60.6kWorld Rnk 122 / 192
Flag Rnk 840 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $173 in Silk Fabrics, making it the 123rd largest exporter of Silk Fabrics in the world. At the same year, Silk Fabrics was the 579th most exported product in Mongolia. The main destination of Silk Fabrics exports from Mongolia are: South Korea ($173).

The fastest growing export markets for Silk Fabrics of Mongolia between 2021 and 2022 were South Korea ($151).

Imports In 2022, Mongolia imported $60.6k in Silk Fabrics, becoming the 122nd largest importer of Silk Fabrics in the world. At the same year, Silk Fabrics was the 840th most imported product in Mongolia. Mongolia imports Silk Fabrics primarily from: Italy ($30.1k), India ($17.9k), China ($9.55k), United Arab Emirates ($2k), and France ($706).

The fastest growing import markets in Silk Fabrics for Mongolia between 2021 and 2022 were Italy ($28.2k), United Arab Emirates ($2k), and France ($706).

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 Silk Fabrics. 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)$173
IMPORTS (2022)$60.6k
NET TRADE (2022)-$60.5k

In 2022, Mongolia exported $173 in Silk Fabrics. The main destinations of Mongolia exports on Silk Fabrics were South Korea ($173).

In 2022, Mongolia imported $60.6k in Silk Fabrics, mainly from Italy ($30.1k), India ($17.9k), China ($9.55k), United Arab Emirates ($2k), and France ($706).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silk Fabrics EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):South Korea$151 (686%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silk Fabrics BY Mongolia WERE (2021 - 2022):United Arab Emirates-$2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Silk Fabrics were:
China $435M
Italy $198M
India $59.9M
In 2022, Mongolia's main importing competitors in Silk Fabrics were:

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Trade Value of Silk Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $382
TOP IMPORT POTENTIALChina+ $16.5k

Silk Fabrics’s highest export potential is China. With an export gap of $382.   Silk Fabrics’s highest import potential is China with an import gap of $16.5k.

See methodology.

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