2021
Exports
$66World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2021
Imports
$106kWorld Rnk 172 / 194
Flag Rnk 788 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $106k in Wheat, becoming the 172nd largest importer of Wheat in the world. At the same year, Wheat was the 788th most imported product in Mongolia. Mongolia imports Wheat primarily from: Russia ($85.2k), Kazakhstan ($17.1k), and United States ($4.12k).

The fastest growing import markets in Wheat for Mongolia between 2021 and 2022 were United States ($4.12k).

Latest Trends

Oct 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 (2022)$106k
NET TRADE (2022)-$106k

In 2022, Mongolia imported $106k in Wheat, mainly from Russia ($85.2k), Kazakhstan ($17.1k), and United States ($4.12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Mongolia WERE (N/A - 2021):
United States-$54 (-100%)
Japan-$12 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Wheat were:
In 2022, Mongolia's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
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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