2022
Exports
$1.26kWorld Rnk 119 / 164
Flag Rnk 478 / 652
falsefalse South Korea
2022
Imports
$107kWorld Rnk 109 / 201
Flag Rnk 787 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.26k in Neck Ties, making it the 119th largest exporter of Neck Ties in the world. At the same year, Neck Ties was the 478th most exported product in Mongolia. The main destination of Neck Ties exports from Mongolia are: South Korea ($1.26k).

Imports In 2022, Mongolia imported $107k in Neck Ties, becoming the 109th largest importer of Neck Ties in the world. At the same year, Neck Ties was the 787th most imported product in Mongolia. Mongolia imports Neck Ties primarily from: China ($40.2k), Germany ($26.2k), Italy ($22k), Switzerland ($4.55k), and Australia ($4.34k).

The fastest growing import markets in Neck Ties for Mongolia between 2021 and 2022 were China ($35.4k), Germany ($14.6k), and Italy ($8.35k).

Latest Trends

Sep 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 Neck Ties. 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)$1.26k
IMPORTS (2022)$107k
NET TRADE (2022)-$105k

In 2022, Mongolia exported $1.26k in Neck Ties. The main destinations of Mongolia exports on Neck Ties were South Korea ($1.26k).

In 2022, Mongolia imported $107k in Neck Ties, mainly from China ($40.2k), Germany ($26.2k), Italy ($22k), Switzerland ($4.55k), and Australia ($4.34k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Neck Ties BY Mongolia WERE (2021 - 2022):
South Korea-$905 (-41.8%)
Spain-$67 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Neck Ties were:
China $232M
Italy $89.5M
France $45.7M
In 2022, Mongolia's main importing competitors in Neck Ties were:

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Trade Value of Neck Ties by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $750
TOP IMPORT POTENTIALChina+ $29.2k

Neck Ties’s highest export potential is South Korea. With an export gap of $750.   Neck Ties’s highest import potential is China with an import gap of $29.2k.

See methodology.

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