2021
Exports
$66World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2021
Imports
$101kWorld Rnk 173 / 195
Flag Rnk 682 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia
-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $101k in Wheat, becoming the 173rd largest importer of Wheat in the world. At the same year, Wheat was the 682nd most imported product in Mongolia. Mongolia imports Wheat primarily from: India ($79.4k), Kazakhstan ($21.3k), and Turkey ($55).

The fastest growing import markets in Wheat for Mongolia between 2022 and 2023 were India ($79.4k), Kazakhstan ($5.76k), and Turkey ($55).

Latest Trends

Dec 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 Wheat. 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 (2021)$66
IMPORTS (2023)$101k
NET TRADE (2023)-$101k

In 2023, Mongolia imported $101k in Wheat, mainly from India ($79.4k), Kazakhstan ($21.3k), and Turkey ($55).

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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 Wheat were:
In 2023, Mongolia's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $928
TOP IMPORT POTENTIALRussia+ $111k

Wheat’s highest export potential is China. With an export gap of $928.   Wheat’s highest import potential is Russia with an import gap of $111k.

See methodology.

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