2022
Exports
$1.2kWorld Rnk 161 / 183
Flag Rnk 480 / 652
2022
PRODUCT COMPLEXITY IN Basketwork
-1.47Rnk 944 / 1025
2022
Imports
$40.7kWorld Rnk 157 / 216
Flag Rnk 871 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.2k in Basketwork, making it the 161st largest exporter of Basketwork in the world. At the same year, Basketwork was the 480th most exported product in Mongolia. The main destination of Basketwork exports from Mongolia are: Australia ($1.2k).

The fastest growing export markets for Basketwork of Mongolia between 2021 and 2022 were Australia ($1.2k).

Imports In 2022, Mongolia imported $40.7k in Basketwork, becoming the 157th largest importer of Basketwork in the world. At the same year, Basketwork was the 871st most imported product in Mongolia. Mongolia imports Basketwork primarily from: China ($13.8k), France ($5.15k), Germany ($4.44k), United States ($3.76k), and Lithuania ($2.87k).

The fastest growing import markets in Basketwork for Mongolia between 2021 and 2022 were France ($5.15k), United States ($3.76k), and Lithuania ($2.85k).

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 Basketwork. 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)$1.2k
IMPORTS (2022)$40.7k
NET TRADE (2022)-$39.5k

In 2022, Mongolia exported $1.2k in Basketwork. The main destinations of Mongolia exports on Basketwork were Australia ($1.2k).

In 2022, Mongolia imported $40.7k in Basketwork, mainly from China ($13.8k), France ($5.15k), Germany ($4.44k), United States ($3.76k), and Lithuania ($2.87k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Basketwork EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Australia$1.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Basketwork BY Mongolia WERE (2021 - 2022):
Switzerland-$1.48k (-100%)
Sweden-$802 (-100%)
South Korea-$16 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Basketwork by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $953
TOP IMPORT POTENTIALChina+ $27.1k

Basketwork’s highest export potential is Australia. With an export gap of $953.   Basketwork’s highest import potential is China with an import gap of $27.1k.

See methodology.

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