2022
Exports
$4.18kWorld Rnk 178 / 193
Flag Rnk 405 / 652
2022
PRODUCT COMPLEXITY IN Electric Generating Sets
0.31Rnk 443 / 1025
2022
Imports
$10.2MWorld Rnk 146 / 221
Flag Rnk 131 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.18k in Electric Generating Sets, making it the 178th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 405th most exported product in Mongolia. The main destination of Electric Generating Sets exports from Mongolia are: Kazakhstan ($3.28k), France ($500), Italy ($298), and China ($100).

The fastest growing export markets for Electric Generating Sets of Mongolia between 2021 and 2022 were Kazakhstan ($3.28k), France ($500), and Italy ($298).

Imports In 2022, Mongolia imported $10.2M in Electric Generating Sets, becoming the 146th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 131st most imported product in Mongolia. Mongolia imports Electric Generating Sets primarily from: China ($7.54M), India ($635k), United Kingdom ($444k), South Korea ($412k), and Japan ($376k).

The fastest growing import markets in Electric Generating Sets for Mongolia between 2021 and 2022 were China ($1.72M), India ($563k), and United Kingdom ($442k).

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 Electric Generating Sets. 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)$4.18k
IMPORTS (2022)$10.2M
NET TRADE (2022)-$10.2M

In 2022, Mongolia exported $4.18k in Electric Generating Sets. The main destinations of Mongolia exports on Electric Generating Sets were Kazakhstan ($3.28k), France ($500), Italy ($298), and China ($100).

In 2022, Mongolia imported $10.2M in Electric Generating Sets, mainly from China ($7.54M), India ($635k), United Kingdom ($444k), South Korea ($412k), and Japan ($376k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Kazakhstan$3.28k (1%)
France$500 (1%)
Italy$298 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Mongolia WERE (2021 - 2022):
Russia-$16k (-100%)
Singapore-$3.46k (-100%)
United Kingdom-$1.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Electric Generating Sets were:
In 2022, Mongolia's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKazakhstan+ $3.24k
TOP IMPORT POTENTIALChina+ $3.64M

Electric Generating Sets’s highest export potential is Kazakhstan. With an export gap of $3.24k.   Electric Generating Sets’s highest import potential is China with an import gap of $3.64M.

See methodology.

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