2022
Exports
$94World Rnk 167 / 175
Flag Rnk 601 / 652
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$8.58MWorld Rnk 121 / 218
Flag Rnk 153 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $94 in Aluminium Bars, making it the 167th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 601st most exported product in Mongolia. The main destination of Aluminium Bars exports from Mongolia are: Togo ($94).

The fastest growing export markets for Aluminium Bars of Mongolia between 2021 and 2022 were Togo ($94).

Imports In 2022, Mongolia imported $8.58M in Aluminium Bars, becoming the 121st largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 153rd most imported product in Mongolia. Mongolia imports Aluminium Bars primarily from: China ($5.69M), Japan ($842k), Russia ($569k), Germany ($451k), and Spain ($253k).

The fastest growing import markets in Aluminium Bars for Mongolia between 2021 and 2022 were China ($2.82M), Russia ($267k), and Spain ($188k).

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 Aluminium Bars. 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)$94
IMPORTS (2022)$8.58M
NET TRADE (2022)-$8.58M

In 2022, Mongolia exported $94 in Aluminium Bars. The main destinations of Mongolia exports on Aluminium Bars were Togo ($94).

In 2022, Mongolia imported $8.58M in Aluminium Bars, mainly from China ($5.69M), Japan ($842k), Russia ($569k), Germany ($451k), and Spain ($253k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):Togo$94 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Mongolia WERE (2021 - 2022):Japan-$5.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Mongolia's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $608
TOP IMPORT POTENTIALChina+ $2.9M

Aluminium Bars’s highest export potential is United States. With an export gap of $608.   Aluminium Bars’s highest import potential is China with an import gap of $2.9M.

See methodology.

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