2022
Exports
$269kWorld Rnk 78 / 170
Flag Rnk 125 / 652
2022
PRODUCT COMPLEXITY IN Utility Meters
0.046Rnk 536 / 1025
2022
Imports
$4.04MWorld Rnk 118 / 219
Flag Rnk 258 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $269k in Utility Meters, making it the 78th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 125th most exported product in Mongolia. The main destination of Utility Meters exports from Mongolia are: Canada ($268k), Russia ($891), and Netherlands ($556).

The fastest growing export markets for Utility Meters of Mongolia between 2021 and 2022 were Canada ($268k), Russia ($891), and Netherlands ($556).

Imports In 2022, Mongolia imported $4.04M in Utility Meters, becoming the 118th largest importer of Utility Meters in the world. At the same year, Utility Meters was the 258th most imported product in Mongolia. Mongolia imports Utility Meters primarily from: China ($3.49M), Russia ($381k), Ukraine ($57.5k), Kyrgyzstan ($24.7k), and Czechia ($22.9k).

The fastest growing import markets in Utility Meters for Mongolia between 2021 and 2022 were Kyrgyzstan ($24.7k), Czechia ($14.7k), and Poland ($4.41k).

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 Utility Meters. 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)$269k
IMPORTS (2022)$4.04M
NET TRADE (2022)-$3.77M

In 2022, Mongolia exported $269k in Utility Meters. The main destinations of Mongolia exports on Utility Meters were Canada ($268k), Russia ($891), and Netherlands ($556).

In 2022, Mongolia imported $4.04M in Utility Meters, mainly from China ($3.49M), Russia ($381k), Ukraine ($57.5k), Kyrgyzstan ($24.7k), and Czechia ($22.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Canada$268k (1%)
Russia$891 (1%)
Netherlands$556 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Mongolia WERE (2021 - 2022):
South Korea-$1.5k (-100%)
China-$50 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $13.9k
TOP IMPORT POTENTIALChina+ $1.27M

Utility Meters’s highest export potential is Canada. With an export gap of $13.9k.   Utility Meters’s highest import potential is China with an import gap of $1.27M.

See methodology.

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