2022
Exports
$78.2kWorld Rnk 78 / 124
Flag Rnk 198 / 652
2022
PRODUCT COMPLEXITY IN Central Heating Boilers
0.63Rnk 301 / 1025
2022
Imports
$4.31MWorld Rnk 62 / 192
Flag Rnk 247 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $78.2k in Central Heating Boilers, making it the 78th largest exporter of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 198th most exported product in Mongolia. The main destination of Central Heating Boilers exports from Mongolia are: Norway ($78.2k).

The fastest growing export markets for Central Heating Boilers of Mongolia between 2021 and 2022 were Norway ($78.2k).

Imports In 2022, Mongolia imported $4.31M in Central Heating Boilers, becoming the 62nd largest importer of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 247th most imported product in Mongolia. Mongolia imports Central Heating Boilers primarily from: China ($2.2M), Russia ($950k), Netherlands ($338k), Poland ($299k), and South Korea ($160k).

The fastest growing import markets in Central Heating Boilers for Mongolia between 2021 and 2022 were China ($1.95M), Netherlands ($338k), and Belgium ($71.5k).

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 Central Heating Boilers. 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)$78.2k
IMPORTS (2022)$4.31M
NET TRADE (2022)-$4.23M

In 2022, Mongolia exported $78.2k in Central Heating Boilers. The main destinations of Mongolia exports on Central Heating Boilers were Norway ($78.2k).

In 2022, Mongolia imported $4.31M in Central Heating Boilers, mainly from China ($2.2M), Russia ($950k), Netherlands ($338k), Poland ($299k), and South Korea ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Central Heating Boilers EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Norway$78.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Central Heating Boilers BY Mongolia WERE (2021 - 2022):South Korea-$100 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Central Heating Boilers were:
Germany $1.38B
Austria $1.26B
Italy $1.03B
In 2022, Mongolia's main importing competitors in Central Heating Boilers were:
Germany $1.74B
Italy $636M

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Trade Value of Central Heating Boilers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.49k
TOP IMPORT POTENTIALChina+ $380k

Central Heating Boilers’s highest export potential is China. With an export gap of $1.49k.   Central Heating Boilers’s highest import potential is China with an import gap of $380k.

See methodology.

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