2018
Exports
$35.3kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.55Rnk 36 / 1025
2018
Imports
$3.28MWorld Rnk 64 / 183
Flag Rnk 245 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $3.28M in Textile Fiber Machinery, becoming the 64th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 245th most imported product in Mongolia. Mongolia imports Textile Fiber Machinery primarily from: China ($2.97M), Italy ($169k), Japan ($107k), Turkey ($24k), and Lithuania ($3.24k).

The fastest growing import markets in Textile Fiber Machinery for Mongolia between 2022 and 2023 were China ($2.32M), Japan ($107k), and Turkey ($24k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Textile Fiber Machinery. 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 (2018)$35.3k
IMPORTS (2023)$3.28M
NET TRADE (2023)-$3.28M

In 2023, Mongolia imported $3.28M in Textile Fiber Machinery, mainly from China ($2.97M), Italy ($169k), Japan ($107k), Turkey ($24k), and Lithuania ($3.24k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Textile Fiber Machinery were:
In 2023, Mongolia's main importing competitors in Textile Fiber Machinery were:
China $627M
India $514M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $589
TOP IMPORT POTENTIALChina+ $304k

Textile Fiber Machinery’s highest export potential is China. With an export gap of $589.   Textile Fiber Machinery’s highest import potential is China with an import gap of $304k.

See methodology.

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