2022
Exports
$756World Rnk 202 / 213
Flag Rnk 503 / 652
2022
PRODUCT COMPLEXITY IN Refrigerators
0.56Rnk 339 / 1025
2022
Imports
$40.9MWorld Rnk 107 / 224
Flag Rnk 36 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $756 in Refrigerators, making it the 202nd largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 503rd most exported product in Mongolia. The main destination of Refrigerators exports from Mongolia are: Lebanon ($600) and Australia ($156).

The fastest growing export markets for Refrigerators of Mongolia between 2021 and 2022 were Lebanon ($600) and Australia ($156).

Imports In 2022, Mongolia imported $40.9M in Refrigerators, becoming the 107th largest importer of Refrigerators in the world. At the same year, Refrigerators was the 36th most imported product in Mongolia. Mongolia imports Refrigerators primarily from: China ($29.7M), South Korea ($4.34M), Thailand ($2.41M), Russia ($1.41M), and Turkey ($673k).

The fastest growing import markets in Refrigerators for Mongolia between 2021 and 2022 were South Korea ($1.43M), Turkey ($473k), and Japan ($263k).

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 Refrigerators. 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)$756
IMPORTS (2022)$40.9M
NET TRADE (2022)-$40.9M

In 2022, Mongolia exported $756 in Refrigerators. The main destinations of Mongolia exports on Refrigerators were Lebanon ($600) and Australia ($156).

In 2022, Mongolia imported $40.9M in Refrigerators, mainly from China ($29.7M), South Korea ($4.34M), Thailand ($2.41M), Russia ($1.41M), and Turkey ($673k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refrigerators EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Lebanon$600 (1%)
Australia$156 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refrigerators BY Mongolia WERE (2021 - 2022):
Sudan-$4.56k (-100%)
New Zealand-$983 (-100%)
Kazakhstan-$800 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Refrigerators were:
China $16.7B
Mexico $7.06B
Italy $4.21B
In 2022, Mongolia's main importing competitors in Refrigerators were:

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Trade Value of Refrigerators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $822
TOP IMPORT POTENTIALChina+ $12.9M

Refrigerators’s highest export potential is United States. With an export gap of $822.   Refrigerators’s highest import potential is China with an import gap of $12.9M.

See methodology.

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