2022
Exports
$216kWorld Rnk 144 / 225
Flag Rnk 142 / 652
2022
PRODUCT COMPLEXITY IN Low-voltage Protection Equipment
0.56Rnk 342 / 1025
2022
Imports
$13.1MWorld Rnk 134 / 226
Flag Rnk 111 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $216k in Low-voltage Protection Equipment, making it the 144th largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 142nd most exported product in Mongolia. The main destination of Low-voltage Protection Equipment exports from Mongolia are: Singapore ($55.3k), Canada ($41.4k), South Korea ($33.1k), Burkina Faso ($32.4k), and Japan ($14.6k).

The fastest growing export markets for Low-voltage Protection Equipment of Mongolia between 2021 and 2022 were Canada ($39.1k), Burkina Faso ($32.4k), and South Korea ($28.5k).

Imports In 2022, Mongolia imported $13.1M in Low-voltage Protection Equipment, becoming the 134th largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 111th most imported product in Mongolia. Mongolia imports Low-voltage Protection Equipment primarily from: China ($7.33M), India ($474k), United States ($436k), Finland ($430k), and South Korea ($375k).

The fastest growing import markets in Low-voltage Protection Equipment for Mongolia between 2021 and 2022 were China ($3.42M), Finland ($309k), and India ($281k).

Latest Trends

Mar 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 Low-voltage Protection Equipment. 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)$216k
IMPORTS (2022)$13.1M
NET TRADE (2022)-$12.9M

In 2022, Mongolia exported $216k in Low-voltage Protection Equipment. The main destinations of Mongolia exports on Low-voltage Protection Equipment were Singapore ($55.3k), Canada ($41.4k), South Korea ($33.1k), Burkina Faso ($32.4k), and Japan ($14.6k).

In 2022, Mongolia imported $13.1M in Low-voltage Protection Equipment, mainly from China ($7.33M), India ($474k), United States ($436k), Finland ($430k), and South Korea ($375k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Low-voltage Protection Equipment EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
Canada$39.1k (1.72k%)
Burkina Faso$32.4k (1%)
South Korea$28.5k (617%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Low-voltage Protection Equipment BY Mongolia WERE (2021 - 2022):
United States-$43.5k (-92.5%)
Russia-$27.9k (-72.5%)
Switzerland-$9.21k (-98.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Low-voltage Protection Equipment were:
In 2022, Mongolia's main importing competitors in Low-voltage Protection Equipment were:

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Trade Value of Low-voltage Protection Equipment by Exporters

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