2022
Exports
$17World Rnk 144 / 145
Flag Rnk 637 / 652
2022
PRODUCT COMPLEXITY IN Carboxylic Acids
0.82Rnk 239 / 1025
2022
Imports
$1.19MWorld Rnk 130 / 203
Flag Rnk 410 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $17 in Carboxylic Acids, making it the 144th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 637th most exported product in Mongolia. The main destination of Carboxylic Acids exports from Mongolia are: South Korea ($17).

The fastest growing export markets for Carboxylic Acids of Mongolia between N/A and 2022 were South Korea ($17).

Imports In 2022, Mongolia imported $1.19M in Carboxylic Acids, becoming the 130th largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 410th most imported product in Mongolia. Mongolia imports Carboxylic Acids primarily from: China ($1.05M), Ireland ($80.6k), Russia ($33.7k), Poland ($16k), and Germany ($8.57k).

The fastest growing import markets in Carboxylic Acids for Mongolia between 2021 and 2022 were China ($493k), Ireland ($52.1k), and Russia ($8.56k).

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 Carboxylic Acids. 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)$17
IMPORTS (2022)$1.19M
NET TRADE (2022)-$1.19M

In 2022, Mongolia exported $17 in Carboxylic Acids. The main destinations of Mongolia exports on Carboxylic Acids were South Korea ($17).

In 2022, Mongolia imported $1.19M in Carboxylic Acids, mainly from China ($1.05M), Ireland ($80.6k), Russia ($33.7k), Poland ($16k), and Germany ($8.57k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):South Korea$17 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
In 2022, Mongolia's main importing competitors in Carboxylic Acids were:

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Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $535
TOP IMPORT POTENTIALChina+ $867k

Carboxylic Acids’s highest export potential is China. With an export gap of $535.   Carboxylic Acids’s highest import potential is China with an import gap of $867k.

See methodology.

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