2022
Exports
$9.13kWorld Rnk 160 / 202
Flag Rnk 347 / 652
2022
PRODUCT COMPLEXITY IN Soap
-1.11Rnk 858 / 1025
2022
Imports
$14.8MWorld Rnk 109 / 223
Flag Rnk 97 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $9.13k in Soap, making it the 160th largest exporter of Soap in the world. At the same year, Soap was the 347th most exported product in Mongolia. The main destination of Soap exports from Mongolia are: South Korea ($2.53k), United States ($2.27k), United Arab Emirates ($1.92k), Germany ($967), and Russia ($498).

The fastest growing export markets for Soap of Mongolia between 2021 and 2022 were Germany ($895), United States ($625), and United Arab Emirates ($595).

Imports In 2022, Mongolia imported $14.8M in Soap, becoming the 109th largest importer of Soap in the world. At the same year, Soap was the 97th most imported product in Mongolia. Mongolia imports Soap primarily from: China ($3.61M), Indonesia ($3.36M), Pakistan ($1.23M), Russia ($1.18M), and Czechia ($1.16M).

The fastest growing import markets in Soap for Mongolia between 2021 and 2022 were China ($2.22M), Indonesia ($1.28M), and South Korea ($479k).

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 Soap. 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)$9.13k
IMPORTS (2022)$14.8M
NET TRADE (2022)-$14.8M

In 2022, Mongolia exported $9.13k in Soap. The main destinations of Mongolia exports on Soap were South Korea ($2.53k), United States ($2.27k), United Arab Emirates ($1.92k), Germany ($967), and Russia ($498).

In 2022, Mongolia imported $14.8M in Soap, mainly from China ($3.61M), Indonesia ($3.36M), Pakistan ($1.23M), Russia ($1.18M), and Czechia ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soap EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Germany$895 (1.24k%)
United States$625 (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soap BY Mongolia WERE (2021 - 2022):
Malaysia-$30.5k (-100%)
Japan-$809 (-97.1%)
Chinese Taipei-$404 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Soap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.32k
TOP IMPORT POTENTIALChina+ $1.82M

Soap’s highest export potential is United States. With an export gap of $8.32k.   Soap’s highest import potential is China with an import gap of $1.82M.

See methodology.

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