2022
Exports
$119kWorld Rnk 97 / 159
Flag Rnk 175 / 652
2022
PRODUCT COMPLEXITY IN Yeast
-0.47Rnk 690 / 1025
2022
Imports
$1.99MWorld Rnk 130 / 222
Flag Rnk 347 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $119k in Yeast, making it the 97th largest exporter of Yeast in the world. At the same year, Yeast was the 175th most exported product in Mongolia. The main destination of Yeast exports from Mongolia are: Nigeria ($68k), United States ($50.5k), Switzerland ($26), and South Korea ($24).

The fastest growing export markets for Yeast of Mongolia between 2021 and 2022 were Nigeria ($68k) and United States ($32.2k).

Imports In 2022, Mongolia imported $1.99M in Yeast, becoming the 130th largest importer of Yeast in the world. At the same year, Yeast was the 347th most imported product in Mongolia. Mongolia imports Yeast primarily from: China ($1.1M), Russia ($439k), Thailand ($220k), Turkey ($116k), and Germany ($69.2k).

The fastest growing import markets in Yeast for Mongolia between 2021 and 2022 were China ($421k), Thailand ($69.2k), and Turkey ($64.1k).

Latest Trends

Sep 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 Yeast. 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)$119k
IMPORTS (2022)$1.99M
NET TRADE (2022)-$1.88M

In 2022, Mongolia exported $119k in Yeast. The main destinations of Mongolia exports on Yeast were Nigeria ($68k), United States ($50.5k), Switzerland ($26), and South Korea ($24).

In 2022, Mongolia imported $1.99M in Yeast, mainly from China ($1.1M), Russia ($439k), Thailand ($220k), Turkey ($116k), and Germany ($69.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Yeast EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Nigeria$68k (1%)
United States$32.2k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yeast BY Mongolia WERE (2021 - 2022):
South Korea-$216 (-90%)
Switzerland-$72 (-73.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Yeast by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $55.2k
TOP IMPORT POTENTIALChina+ $306k

Yeast’s highest export potential is United States. With an export gap of $55.2k.   Yeast’s highest import potential is China with an import gap of $306k.

See methodology.

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