2016
Exports
$69.7kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.12Rnk 129 / 1025
2016
Imports
$183kWorld Rnk 121 / 182
Flag Rnk 710 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $183k in Flat-Rolled Iron, becoming the 121st largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 710th most imported product in Mongolia. Mongolia imports Flat-Rolled Iron primarily from: China ($165k), Germany ($13.8k), and South Korea ($3.7k).

The fastest growing import markets in Flat-Rolled Iron for Mongolia between 2021 and 2022 were China ($39.8k) and South Korea ($3.7k).

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 Flat-Rolled Iron. 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 (2016)$69.7k
IMPORTS (2022)$183k
NET TRADE (2022)-$183k

In 2022, Mongolia imported $183k in Flat-Rolled Iron, mainly from China ($165k), Germany ($13.8k), and South Korea ($3.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Flat-Rolled Iron were:
In 2022, Mongolia's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $530
TOP IMPORT POTENTIALChina+ $98.1k

Flat-Rolled Iron’s highest export potential is China. With an export gap of $530.   Flat-Rolled Iron’s highest import potential is China with an import gap of $98.1k.

See methodology.

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