2022
Exports
$361World Rnk 165 / 180
Flag Rnk 542 / 652
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$12.4MWorld Rnk 138 / 224
Flag Rnk 113 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $361 in Malt Extract, making it the 165th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 542nd most exported product in Mongolia. The main destination of Malt Extract exports from Mongolia are: South Korea ($188) and Russia ($173).

The fastest growing export markets for Malt Extract of Mongolia between 2021 and 2022 were South Korea ($188) and Russia ($173).

Imports In 2022, Mongolia imported $12.4M in Malt Extract, becoming the 138th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 113th most imported product in Mongolia. Mongolia imports Malt Extract primarily from: Russia ($2.77M), Poland ($1.66M), Germany ($1.54M), Japan ($1.14M), and Belarus ($965k).

The fastest growing import markets in Malt Extract for Mongolia between 2021 and 2022 were Kazakhstan ($342k), Belarus ($282k), and South Korea ($193k).

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 Malt Extract. 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)$361
IMPORTS (2022)$12.4M
NET TRADE (2022)-$12.4M

In 2022, Mongolia exported $361 in Malt Extract. The main destinations of Mongolia exports on Malt Extract were South Korea ($188) and Russia ($173).

In 2022, Mongolia imported $12.4M in Malt Extract, mainly from Russia ($2.77M), Poland ($1.66M), Germany ($1.54M), Japan ($1.14M), and Belarus ($965k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$188 (1%)
Russia$173 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Mongolia WERE (2021 - 2022):China-$42 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.07k
TOP IMPORT POTENTIALChina+ $493k

Malt Extract’s highest export potential is China. With an export gap of $1.07k.   Malt Extract’s highest import potential is China with an import gap of $493k.

See methodology.

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