2022
Exports
$1.83kWorld Rnk 158 / 202
Flag Rnk 459 / 652
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$3.47MWorld Rnk 123 / 224
Flag Rnk 279 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $1.83k in Rubber Belting, making it the 158th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 459th most exported product in Mongolia. The main destination of Rubber Belting exports from Mongolia are: Singapore ($899), Germany ($378), Sudan ($282), Canada ($196), and Russia ($47).

The fastest growing export markets for Rubber Belting of Mongolia between 2021 and 2022 were Germany ($378), Sudan ($247), and Russia ($47).

Imports In 2022, Mongolia imported $3.47M in Rubber Belting, becoming the 123rd largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 279th most imported product in Mongolia. Mongolia imports Rubber Belting primarily from: China ($2.4M), Japan ($329k), Poland ($230k), Thailand ($106k), and United States ($59k).

The fastest growing import markets in Rubber Belting for Mongolia between 2021 and 2022 were Poland ($229k), Thailand ($103k), and Japan ($73.7k).

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 Rubber Belting. 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)$1.83k
IMPORTS (2022)$3.47M
NET TRADE (2022)-$3.47M

In 2022, Mongolia exported $1.83k in Rubber Belting. The main destinations of Mongolia exports on Rubber Belting were Singapore ($899), Germany ($378), Sudan ($282), Canada ($196), and Russia ($47).

In 2022, Mongolia imported $3.47M in Rubber Belting, mainly from China ($2.4M), Japan ($329k), Poland ($230k), Thailand ($106k), and United States ($59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Germany$378 (1%)
Sudan$247 (706%)
Russia$47 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Mongolia WERE (2021 - 2022):
United States-$17.9k (-100%)
Singapore-$15.2k (-94.4%)
China-$259 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $1.49k
TOP IMPORT POTENTIALChina+ $1.05M

Rubber Belting’s highest export potential is Germany. With an export gap of $1.49k.   Rubber Belting’s highest import potential is China with an import gap of $1.05M.

See methodology.

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