2022
Exports
$48kWorld Rnk 98 / 165
Flag Rnk 230 / 652
2022
PRODUCT COMPLEXITY IN Tensile Testing Machines
1.41Rnk 69 / 1025
2022
Imports
$572kWorld Rnk 115 / 206
Flag Rnk 540 / 1107
2022
ECONOMIC COMPLEXITY of Mongolia
-1.26Rnk 120 / 133

About

Exports In 2022, Mongolia exported $48k in Tensile Testing Machines, making it the 98th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 230th most exported product in Mongolia. The main destination of Tensile Testing Machines exports from Mongolia are: South Korea ($25.5k) and Russia ($22.5k).

The fastest growing export markets for Tensile Testing Machines of Mongolia between 2021 and 2022 were South Korea ($25.5k) and Russia ($22.5k).

Imports In 2022, Mongolia imported $572k in Tensile Testing Machines, becoming the 115th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 540th most imported product in Mongolia. Mongolia imports Tensile Testing Machines primarily from: United Kingdom ($178k), Finland ($159k), China ($55.1k), United States ($45.6k), and Japan ($36.5k).

The fastest growing import markets in Tensile Testing Machines for Mongolia between 2021 and 2022 were Finland ($159k), United Kingdom ($111k), and Australia ($20.2k).

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 Tensile Testing 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)$48k
IMPORTS (2022)$572k
NET TRADE (2022)-$524k

In 2022, Mongolia exported $48k in Tensile Testing Machines. The main destinations of Mongolia exports on Tensile Testing Machines were South Korea ($25.5k) and Russia ($22.5k).

In 2022, Mongolia imported $572k in Tensile Testing Machines, mainly from United Kingdom ($178k), Finland ($159k), China ($55.1k), United States ($45.6k), and Japan ($36.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Mongolia WERE (2021 - 2022):
South Korea$25.5k (1%)
Russia$22.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Mongolia WERE (2021 - 2022):China-$404 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mongolia's main exporting competitors in Tensile Testing Machines were:
In 2022, Mongolia's main importing competitors in Tensile Testing Machines were:

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Trade Value of Tensile Testing Machines by Exporters

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