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2018
Exports $1.58kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Whey and other milk products0.4Rnk 412 / 1025
2018
Imports $433kWorld Rnk 133 / 203
Flag Rnk 489 / 1005
2023
ECONOMIC COMPLEXITY of Mongolia-1.32Rnk 123 / 132

About

Imports In 2023, Mongolia imported $433k in Whey and other milk products, becoming the 133rd largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 489th most imported product in Mongolia. Mongolia imports Whey and other milk products primarily from: Japan ($264k), Kazakhstan ($105k), Poland ($23.9k), United States ($18.9k), and France ($13.7k).

The fastest growing import markets in Whey and other milk products for Mongolia between 2022 and 2023 were Japan ($242k), Poland ($23.9k), and United States ($11.8k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Whey and other milk products. 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)$1.58k
IMPORTS (2023)$433k
NET TRADE (2023)-$433k

In 2023, Mongolia imported $433k in Whey and other milk products, mainly from Japan ($264k), Kazakhstan ($105k), Poland ($23.9k), United States ($18.9k), and France ($13.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Mongolia's main exporting competitors in Whey and other milk products were:
United States $775M
Germany $720M
New Zealand $569M
In 2023, Mongolia's main importing competitors in Whey and other milk products were:
China $817M
Netherlands $487M
United States $403M

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $638
TOP IMPORT POTENTIALFrance+ $28.4k

Whey and other milk products’s highest export potential is China. With an export gap of $638.   Whey and other milk products’s highest import potential is France with an import gap of $28.4k.

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