2022
Exports
$38.4kWorld Rnk 137 / 197
Flag Rnk 251 / 652
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$5.56MWorld Rnk 101 / 223
Flag Rnk 203 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $38.4k in Tea, making it the 137th largest exporter of Tea in the world. At the same year, Tea was the 251st most exported product in Mongolia. The main destination of Tea exports from Mongolia are: South Korea ($27k), United States ($8.94k), France ($1.21k), Russia ($524), and Czechia ($281).

The fastest growing export markets for Tea of Mongolia between 2021 and 2022 were United States ($2.7k), South Korea ($860), and France ($412).

Imports In 2022, Mongolia imported $5.56M in Tea, becoming the 101st largest importer of Tea in the world. At the same year, Tea was the 203rd most imported product in Mongolia. Mongolia imports Tea primarily from: Sri Lanka ($1.25M), China ($1.16M), Russia ($792k), Georgia ($501k), and Indonesia ($420k).

The fastest growing import markets in Tea for Mongolia between 2021 and 2022 were China ($348k), Indonesia ($197k), and Singapore ($83k).

Latest Trends

Aug 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 Tea. 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)$38.4k
IMPORTS (2022)$5.56M
NET TRADE (2022)-$5.52M

In 2022, Mongolia exported $38.4k in Tea. The main destinations of Mongolia exports on Tea were South Korea ($27k), United States ($8.94k), France ($1.21k), Russia ($524), and Czechia ($281).

In 2022, Mongolia imported $5.56M in Tea, mainly from Sri Lanka ($1.25M), China ($1.16M), Russia ($792k), Georgia ($501k), and Indonesia ($420k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
United States$2.7k (43.1%)
South Korea$860 (3.29%)
France$412 (52%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Mongolia WERE (2021 - 2022):
Russia-$1.76k (-77%)
Czechia-$900 (-76.2%)
Sweden-$242 (-71.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Mongolia's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $18k
TOP IMPORT POTENTIALChina+ $893k

Tea’s highest export potential is United States. With an export gap of $18k.   Tea’s highest import potential is China with an import gap of $893k.

See methodology.

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