2022
Exports
$638kWorld Rnk 81 / 175
Flag Rnk 86 / 652
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$7.76MWorld Rnk 75 / 223
Flag Rnk 169 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $638k in Soups and Broths, making it the 81st largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 86th most exported product in Mongolia. The main destination of Soups and Broths exports from Mongolia are: South Korea ($638k), Austria ($62), and United States ($38).

The fastest growing export markets for Soups and Broths of Mongolia between 2021 and 2022 were South Korea ($108k) and Austria ($62).

Imports In 2022, Mongolia imported $7.76M in Soups and Broths, becoming the 75th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 169th most imported product in Mongolia. Mongolia imports Soups and Broths primarily from: China ($6.08M), Russia ($372k), Japan ($348k), Netherlands ($307k), and South Korea ($247k).

The fastest growing import markets in Soups and Broths for Mongolia between 2021 and 2022 were China ($2.8M), Japan ($177k), and Spain ($51.2k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Soups and Broths. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$638k
IMPORTS (2022)$7.76M
NET TRADE (2022)-$7.12M

In 2022, Mongolia exported $638k in Soups and Broths. The main destinations of Mongolia exports on Soups and Broths were South Korea ($638k), Austria ($62), and United States ($38).

In 2022, Mongolia imported $7.76M in Soups and Broths, mainly from China ($6.08M), Russia ($372k), Japan ($348k), Netherlands ($307k), and South Korea ($247k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$108k (20.3%)
Austria$62 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Mongolia WERE (2021 - 2022):
United States-$1.71k (-97.8%)
Spain-$66 (-100%)
Hong Kong-$40 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mongolia's main exporting competitors in Soups and Broths were:
In 2022, Mongolia's main importing competitors in Soups and Broths were:

Explore Visualizations

Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.21k
TOP IMPORT POTENTIALJapan+ $82.7k

Soups and Broths’s highest export potential is United States. With an export gap of $2.21k.   Soups and Broths’s highest import potential is Japan with an import gap of $82.7k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with