2022
Exports
$4.05kWorld Rnk 158 / 204
Flag Rnk 410 / 652
2022
PRODUCT COMPLEXITY IN Eyewear
0.83Rnk 232 / 1025
2022
Imports
$1.97MWorld Rnk 123 / 221
Flag Rnk 350 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.05k in Eyewear, making it the 158th largest exporter of Eyewear in the world. At the same year, Eyewear was the 410th most exported product in Mongolia. The main destination of Eyewear exports from Mongolia are: South Korea ($1.01k), Portugal ($1.01k), Canada ($641), Sudan ($630), and Togo ($527).

The fastest growing export markets for Eyewear of Mongolia between 2021 and 2022 were Portugal ($1.01k), Sudan ($630), and Togo ($527).

Imports In 2022, Mongolia imported $1.97M in Eyewear, becoming the 123rd largest importer of Eyewear in the world. At the same year, Eyewear was the 350th most imported product in Mongolia. Mongolia imports Eyewear primarily from: China ($1.24M), South Korea ($200k), Chinese Taipei ($117k), Italy ($89.3k), and Australia ($83.6k).

The fastest growing import markets in Eyewear for Mongolia between 2021 and 2022 were China ($942k), South Korea ($109k), and Singapore ($54.3k).

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 Eyewear. 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)$4.05k
IMPORTS (2022)$1.97M
NET TRADE (2022)-$1.97M

In 2022, Mongolia exported $4.05k in Eyewear. The main destinations of Mongolia exports on Eyewear were South Korea ($1.01k), Portugal ($1.01k), Canada ($641), Sudan ($630), and Togo ($527).

In 2022, Mongolia imported $1.97M in Eyewear, mainly from China ($1.24M), South Korea ($200k), Chinese Taipei ($117k), Italy ($89.3k), and Australia ($83.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Eyewear EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Portugal$1.01k (1%)
Sudan$630 (1%)
Togo$527 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear BY Mongolia WERE (2021 - 2022):
United States-$2.77k (-100%)
South Korea-$2.03k (-66.8%)
Austria-$1.26k (-86%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Eyewear were:
In 2022, Mongolia's main importing competitors in Eyewear were:

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Trade Value of Eyewear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $1.83k
TOP IMPORT POTENTIALChina+ $901k

Eyewear’s highest export potential is South Korea. With an export gap of $1.83k.   Eyewear’s highest import potential is China with an import gap of $901k.

See methodology.

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