2007
Exports
$351kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2007
Imports
$1.1MWorld Rnk 86 / 169
Flag Rnk 429 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Imports In 2022, Mongolia imported $1.1M in Steel Bars, becoming the 86th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 429th most imported product in Mongolia. Mongolia imports Steel Bars primarily from: Russia ($1.06M) and China ($44.2k).

The fastest growing import markets in Steel Bars for Mongolia between 2021 and 2022 were Russia ($231k).

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 Steel Bars. 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 (2007)$351k
IMPORTS (2022)$1.1M
NET TRADE (2022)-$1.1M

In 2022, Mongolia imported $1.1M in Steel Bars, mainly from Russia ($1.06M) and China ($44.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $529
TOP IMPORT POTENTIALChina+ $111k

Steel Bars’s highest export potential is China. With an export gap of $529.   Steel Bars’s highest import potential is China with an import gap of $111k.

See methodology.

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