2022
Exports
$12.4kWorld Rnk 166 / 194
Flag Rnk 325 / 652
falsefalse Kazakhstan
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$77.8MWorld Rnk 62 / 223
Flag Rnk 16 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $12.4k in Stone Processing Machines, making it the 166th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 325th most exported product in Mongolia. The main destination of Stone Processing Machines exports from Mongolia are: Kazakhstan ($12.4k).

Imports In 2022, Mongolia imported $77.8M in Stone Processing Machines, becoming the 62nd largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 16th most imported product in Mongolia. Mongolia imports Stone Processing Machines primarily from: China ($59.8M), Finland ($3.69M), South Korea ($3.22M), Germany ($2.29M), and Australia ($1.46M).

The fastest growing import markets in Stone Processing Machines for Mongolia between 2021 and 2022 were South Korea ($1.93M), Germany ($1.77M), and Turkey ($928k).

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 Stone Processing Machines. 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)$12.4k
IMPORTS (2022)$77.8M
NET TRADE (2022)-$77.8M

In 2022, Mongolia exported $12.4k in Stone Processing Machines. The main destinations of Mongolia exports on Stone Processing Machines were Kazakhstan ($12.4k).

In 2022, Mongolia imported $77.8M in Stone Processing Machines, mainly from China ($59.8M), Finland ($3.69M), South Korea ($3.22M), Germany ($2.29M), and Australia ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Mongolia WERE (2021 - 2022):
Kazakhstan-$10.3k (-45.4%)
Russia-$5.67k (-100%)
United Arab Emirates-$5.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Mongolia's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKazakhstan+ $7.18k
TOP IMPORT POTENTIALChina+ $2.1M

Stone Processing Machines’s highest export potential is Kazakhstan. With an export gap of $7.18k.   Stone Processing Machines’s highest import potential is China with an import gap of $2.1M.

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