2022
Exports
$4.26kWorld Rnk 149 / 186
Flag Rnk 403 / 652
2022
PRODUCT COMPLEXITY IN Wood Crates
0.3Rnk 451 / 1025
2022
Imports
$295kWorld Rnk 130 / 216
Flag Rnk 653 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.26k in Wood Crates, making it the 149th largest exporter of Wood Crates in the world. At the same year, Wood Crates was the 403rd most exported product in Mongolia. The main destination of Wood Crates exports from Mongolia are: Russia ($1.72k), Belgium ($638), United States ($531), Japan ($500), and Germany ($495).

The fastest growing export markets for Wood Crates of Mongolia between 2021 and 2022 were Russia ($1.72k), Belgium ($638), and Japan ($500).

Imports In 2022, Mongolia imported $295k in Wood Crates, becoming the 130th largest importer of Wood Crates in the world. At the same year, Wood Crates was the 653rd most imported product in Mongolia. Mongolia imports Wood Crates primarily from: South Korea ($167k), China ($26.8k), Poland ($15.7k), Germany ($14.8k), and France ($12.8k).

The fastest growing import markets in Wood Crates for Mongolia between 2021 and 2022 were South Korea ($132k), Poland ($12.5k), and Germany ($5.82k).

Latest Trends

Jul 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 Wood Crates. 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)$4.26k
IMPORTS (2022)$295k
NET TRADE (2022)-$291k

In 2022, Mongolia exported $4.26k in Wood Crates. The main destinations of Mongolia exports on Wood Crates were Russia ($1.72k), Belgium ($638), United States ($531), Japan ($500), and Germany ($495).

In 2022, Mongolia imported $295k in Wood Crates, mainly from South Korea ($167k), China ($26.8k), Poland ($15.7k), Germany ($14.8k), and France ($12.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Crates EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Russia$1.72k (1%)
Belgium$638 (1%)
Japan$500 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Crates BY Mongolia WERE (2021 - 2022):
Italy-$1.65k (-100%)
Thailand-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Wood Crates were:
In 2022, Mongolia's main importing competitors in Wood Crates were:

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Trade Value of Wood Crates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.41k
TOP IMPORT POTENTIALChina+ $42.4k

Wood Crates’s highest export potential is Germany. With an export gap of $2.41k.   Wood Crates’s highest import potential is China with an import gap of $42.4k.

See methodology.

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