2022
Exports
$4.87kWorld Rnk 155 / 182
Flag Rnk 395 / 652
2022
PRODUCT COMPLEXITY IN Vegetable Saps
-0.98Rnk 834 / 1025
2022
Imports
$2.12MWorld Rnk 100 / 210
Flag Rnk 335 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $4.87k in Vegetable Saps, making it the 155th largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 395th most exported product in Mongolia. The main destination of Vegetable Saps exports from Mongolia are: India ($3.86k) and South Korea ($1.01k).

The fastest growing export markets for Vegetable Saps of Mongolia between 2021 and 2022 were India ($3.86k) and South Korea ($938).

Imports In 2022, Mongolia imported $2.12M in Vegetable Saps, becoming the 100th largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 335th most imported product in Mongolia. Mongolia imports Vegetable Saps primarily from: China ($1.42M), United States ($259k), South Korea ($192k), Germany ($133k), and Ireland ($40.4k).

The fastest growing import markets in Vegetable Saps for Mongolia between 2021 and 2022 were China ($944k), South Korea ($173k), and Germany ($97.4k).

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 Vegetable Saps. 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)$4.87k
IMPORTS (2022)$2.12M
NET TRADE (2022)-$2.12M

In 2022, Mongolia exported $4.87k in Vegetable Saps. The main destinations of Mongolia exports on Vegetable Saps were India ($3.86k) and South Korea ($1.01k).

In 2022, Mongolia imported $2.12M in Vegetable Saps, mainly from China ($1.42M), United States ($259k), South Korea ($192k), Germany ($133k), and Ireland ($40.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
India$3.86k (1%)
South Korea$938 (1.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY Mongolia WERE (2021 - 2022):
Russia-$34.6k (-100%)
United States-$22.5k (-100%)
United Kingdom-$7.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Vegetable Saps were:
China $2.22B
India $1.06B
Spain $915M
In 2022, Mongolia's main importing competitors in Vegetable Saps were:

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $5.51k
TOP IMPORT POTENTIALChina+ $725k

Vegetable Saps’s highest export potential is India. With an export gap of $5.51k.   Vegetable Saps’s highest import potential is China with an import gap of $725k.

See methodology.

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