2022
Exports
$415World Rnk 154 / 166
Flag Rnk 536 / 652
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 87 / 1025
2022
Imports
$151kWorld Rnk 151 / 214
Flag Rnk 740 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $415 in Soldering and Welding Machinery, making it the 154th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 536th most exported product in Mongolia. The main destination of Soldering and Welding Machinery exports from Mongolia are: Sudan ($415).

The fastest growing export markets for Soldering and Welding Machinery of Mongolia between N/A and 2022 were Sudan ($415).

Imports In 2022, Mongolia imported $151k in Soldering and Welding Machinery, becoming the 151st largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 740th most imported product in Mongolia. Mongolia imports Soldering and Welding Machinery primarily from: China ($101k), United States ($25.3k), South Korea ($6.09k), Russia ($4.25k), and France ($2.96k).

The fastest growing import markets in Soldering and Welding Machinery for Mongolia between 2021 and 2022 were China ($50.9k), United States ($19.9k), and Turkey ($2.69k).

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 Soldering and Welding Machinery. 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)$415
IMPORTS (2022)$151k
NET TRADE (2022)-$151k

In 2022, Mongolia exported $415 in Soldering and Welding Machinery. The main destinations of Mongolia exports on Soldering and Welding Machinery were Sudan ($415).

In 2022, Mongolia imported $151k in Soldering and Welding Machinery, mainly from China ($101k), United States ($25.3k), South Korea ($6.09k), Russia ($4.25k), and France ($2.96k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Mongolia WERE (N/A - 2022):Sudan$415 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Mongolia's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Mongolia's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $515
N/AN/AN/A

Soldering and Welding Machinery’s highest export potential is China. With an export gap of $515.   Soldering and Welding Machinery’s highest import potential is N/A with an import gap of N/A.

See methodology.

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