2022
Exports
$121kWorld Rnk 162 / 226
Flag Rnk 173 / 652
2022
PRODUCT COMPLEXITY IN Other Plastic Products
0.78Rnk 253 / 1025
2022
Imports
$33.4MWorld Rnk 127 / 226
Flag Rnk 45 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $121k in Other Plastic Products, making it the 162nd largest exporter of Other Plastic Products in the world. At the same year, Other Plastic Products was the 173rd most exported product in Mongolia. The main destination of Other Plastic Products exports from Mongolia are: South Korea ($46.7k), Russia ($26.6k), Finland ($14.5k), United States ($10.3k), and Singapore ($3.83k).

The fastest growing export markets for Other Plastic Products of Mongolia between 2021 and 2022 were South Korea ($39.9k), Russia ($25.7k), and Finland ($14.5k).

Imports In 2022, Mongolia imported $33.4M in Other Plastic Products, becoming the 127th largest importer of Other Plastic Products in the world. At the same year, Other Plastic Products was the 45th most imported product in Mongolia. Mongolia imports Other Plastic Products primarily from: China ($12.6M), South Korea ($4.79M), Japan ($3.13M), Germany ($2.45M), and Chinese Taipei ($1.92M).

The fastest growing import markets in Other Plastic Products for Mongolia between 2021 and 2022 were China ($7.24M), South Korea ($3.41M), and Japan ($2.85M).

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 Other Plastic Products. 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)$121k
IMPORTS (2022)$33.4M
NET TRADE (2022)-$33.2M

In 2022, Mongolia exported $121k in Other Plastic Products. The main destinations of Mongolia exports on Other Plastic Products were South Korea ($46.7k), Russia ($26.6k), Finland ($14.5k), United States ($10.3k), and Singapore ($3.83k).

In 2022, Mongolia imported $33.4M in Other Plastic Products, mainly from China ($12.6M), South Korea ($4.79M), Japan ($3.13M), Germany ($2.45M), and Chinese Taipei ($1.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Plastic Products EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$39.9k (588%)
Russia$25.7k (2.85k%)
Finland$14.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Plastic Products BY Mongolia WERE (2021 - 2022):
Austria-$63.2k (-100%)
United States-$24.1k (-70%)
Sudan-$16k (-95.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Other Plastic Products were:
In 2022, Mongolia's main importing competitors in Other Plastic Products were:

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Trade Value of Other Plastic Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $48.9k
TOP IMPORT POTENTIALChina+ $7.46M

Other Plastic Products’s highest export potential is Russia. With an export gap of $48.9k.   Other Plastic Products’s highest import potential is China with an import gap of $7.46M.

See methodology.

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