2022
Exports
$177World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Watch Movements
1.63Rnk 29 / 1025
2022
Imports
$655World Rnk 156 / 175
Flag Rnk 971 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $655 in Watch Movements, becoming the 156th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 971st most imported product in Mongolia. Mongolia imports Watch Movements primarily from: Switzerland ($520), Belgium ($92), and Hong Kong ($43).

The fastest growing import markets in Watch Movements for Mongolia between 2022 and 2023 were Belgium ($49) and Switzerland ($16).

Latest Trends

Jan 2025

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 Watch Movements. 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)$177
IMPORTS (2023)$655
NET TRADE (2023)-$655

In 2023, Mongolia imported $655 in Watch Movements, mainly from Switzerland ($520), Belgium ($92), and Hong Kong ($43).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Mongolia WERE (N/A - 2022):Switzerland-$177 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Mongolia's main exporting competitors in Watch Movements were:
In 2023, Mongolia's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $498
TOP IMPORT POTENTIALSwitzerland+ $976

Watch Movements’s highest export potential is China. With an export gap of $498.   Watch Movements’s highest import potential is Switzerland with an import gap of $976.

See methodology.

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