2022
Exports
$11.7kWorld Rnk 150 / 199
Flag Rnk 327 / 652
2022
PRODUCT COMPLEXITY IN Metalworking Machine Parts
1.64Rnk 34 / 1025
2022
Imports
$1.21MWorld Rnk 131 / 220
Flag Rnk 404 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $11.7k in Metalworking Machine Parts, making it the 150th largest exporter of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 327th most exported product in Mongolia. The main destination of Metalworking Machine Parts exports from Mongolia are: Japan ($11.1k) and Togo ($588).

The fastest growing export markets for Metalworking Machine Parts of Mongolia between 2021 and 2022 were Togo ($588).

Imports In 2022, Mongolia imported $1.21M in Metalworking Machine Parts, becoming the 131st largest importer of Metalworking Machine Parts in the world. At the same year, Metalworking Machine Parts was the 404th most imported product in Mongolia. Mongolia imports Metalworking Machine Parts primarily from: Hong Kong ($275k), China ($181k), Japan ($123k), Canada ($95.4k), and United States ($86.3k).

The fastest growing import markets in Metalworking Machine Parts for Mongolia between 2021 and 2022 were Hong Kong ($216k), Australia ($46.3k), and Japan ($44.8k).

Latest Trends

Jul 2024

Subnational Monthly Trade

View
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 Metalworking Machine Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$11.7k
IMPORTS (2022)$1.21M
NET TRADE (2022)-$1.2M

In 2022, Mongolia exported $11.7k in Metalworking Machine Parts. The main destinations of Mongolia exports on Metalworking Machine Parts were Japan ($11.1k) and Togo ($588).

In 2022, Mongolia imported $1.21M in Metalworking Machine Parts, mainly from Hong Kong ($275k), China ($181k), Japan ($123k), Canada ($95.4k), and United States ($86.3k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Machine Parts EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Togo$588 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Machine Parts BY Mongolia WERE (2021 - 2022):
Japan-$75.5k (-87.2%)
Singapore-$1.01k (-100%)
Sweden-$807 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Mongolia's main exporting competitors in Metalworking Machine Parts were:
In 2022, Mongolia's main importing competitors in Metalworking Machine Parts were:

Explore Visualizations

Trade Value of Metalworking Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALChina+ $333k

Metalworking Machine Parts’s highest export potential is N/A. With an export gap of N/A.   Metalworking Machine Parts’s highest import potential is China with an import gap of $333k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with