2022
Exports
$794World Rnk 149 / 170
Flag Rnk 499 / 652
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents
-0.03Rnk 556 / 1025
2022
Imports
$978kWorld Rnk 141 / 220
Flag Rnk 451 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $794 in Organic Composite Solvents, making it the 149th largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 499th most exported product in Mongolia. The main destination of Organic Composite Solvents exports from Mongolia are: South Korea ($794).

The fastest growing export markets for Organic Composite Solvents of Mongolia between 2021 and 2022 were South Korea ($794).

Imports In 2022, Mongolia imported $978k in Organic Composite Solvents, becoming the 141st largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 451st most imported product in Mongolia. Mongolia imports Organic Composite Solvents primarily from: Russia ($667k), South Korea ($87.1k), China ($73.3k), Germany ($56.3k), and Finland ($30.6k).

The fastest growing import markets in Organic Composite Solvents for Mongolia between 2021 and 2022 were China ($52k), South Korea ($26k), and Germany ($24.4k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Organic Composite Solvents. 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)$794
IMPORTS (2022)$978k
NET TRADE (2022)-$977k

In 2022, Mongolia exported $794 in Organic Composite Solvents. The main destinations of Mongolia exports on Organic Composite Solvents were South Korea ($794).

In 2022, Mongolia imported $978k in Organic Composite Solvents, mainly from Russia ($667k), South Korea ($87.1k), China ($73.3k), Germany ($56.3k), and Finland ($30.6k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):South Korea$794 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Mongolia WERE (2021 - 2022):Brunei-$2.29k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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In 2022, Mongolia's main exporting competitors in Organic Composite Solvents were:
In 2022, Mongolia's main importing competitors in Organic Composite Solvents were:

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $967
TOP IMPORT POTENTIALChina+ $78.7k

Organic Composite Solvents’s highest export potential is South Korea. With an export gap of $967.   Organic Composite Solvents’s highest import potential is China with an import gap of $78.7k.

See methodology.

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