2022
Exports
$297kWorld Rnk 156 / 200
Flag Rnk 119 / 652
falsefalse South Korea
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$177kWorld Rnk 102 / 157
Flag Rnk 713 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $297k in Scrap Aluminium, making it the 156th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 119th most exported product in Mongolia. The main destination of Scrap Aluminium exports from Mongolia are: South Korea ($297k).

The fastest growing export markets for Scrap Aluminium of Mongolia between 2021 and 2022 were South Korea ($250k).

Imports In 2022, Mongolia imported $177k in Scrap Aluminium, becoming the 102nd largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 713th most imported product in Mongolia. Mongolia imports Scrap Aluminium primarily from: Australia ($177k).

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 Scrap Aluminium. 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)$297k
IMPORTS (2022)$177k
NET TRADE (2022)$121k

In 2022, Mongolia exported $297k in Scrap Aluminium. The main destinations of Mongolia exports on Scrap Aluminium were South Korea ($297k).

In 2022, Mongolia imported $177k in Scrap Aluminium, mainly from Australia ($177k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):South Korea$250k (521%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Mongolia WERE (2021 - 2022):United States-$41.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Scrap Aluminium were:
In 2022, Mongolia's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $179k
TOP IMPORT POTENTIALUnited States+ $1.29k

Scrap Aluminium’s highest export potential is South Korea. With an export gap of $179k.   Scrap Aluminium’s highest import potential is United States with an import gap of $1.29k.

See methodology.

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