2022
Exports
$291kWorld Rnk 88 / 169
Flag Rnk 122 / 652
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products
0.34Rnk 425 / 1025
2022
Imports
$1MWorld Rnk 145 / 217
Flag Rnk 447 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $291k in Other Cast Iron Products, making it the 88th largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 122nd most exported product in Mongolia. The main destination of Other Cast Iron Products exports from Mongolia are: China ($291k) and Russia ($79).

The fastest growing export markets for Other Cast Iron Products of Mongolia between 2021 and 2022 were Russia ($79).

Imports In 2022, Mongolia imported $1M in Other Cast Iron Products, becoming the 145th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 447th most imported product in Mongolia. Mongolia imports Other Cast Iron Products primarily from: China ($793k), Russia ($93.8k), Turkey ($43.4k), Japan ($36.5k), and India ($8.78k).

The fastest growing import markets in Other Cast Iron Products for Mongolia between 2021 and 2022 were Turkey ($43.3k), United States ($3.42k), and Ireland ($1.97k).

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 Other Cast Iron Products. 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)$291k
IMPORTS (2022)$1M
NET TRADE (2022)-$711k

In 2022, Mongolia exported $291k in Other Cast Iron Products. The main destinations of Mongolia exports on Other Cast Iron Products were China ($291k) and Russia ($79).

In 2022, Mongolia imported $1M in Other Cast Iron Products, mainly from China ($793k), Russia ($93.8k), Turkey ($43.4k), Japan ($36.5k), and India ($8.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Russia$79 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Mongolia WERE (2021 - 2022):
China-$132k (-31.3%)
Japan-$34.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
In 2022, Mongolia's main importing competitors in Other Cast Iron Products were:

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $127k
TOP IMPORT POTENTIALChina+ $494k

Other Cast Iron Products’s highest export potential is China. With an export gap of $127k.   Other Cast Iron Products’s highest import potential is China with an import gap of $494k.

See methodology.

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