Valves in Mongolia | The Observatory of Economic Complexity

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Exports In 2022, Mongolia exported $1.62M in Valves, making it the 99th largest exporter of Valves in the world. At the same year, Valves was the 55th most exported product in Mongolia. The main destination of Valves exports from Mongolia are: Germany ($939k), South Korea ($244k), Singapore ($173k), Japan ($98.6k), and Russia ($84k).

The fastest growing export markets for Valves of Mongolia between 2021 and 2022 were Germany ($910k), South Korea ($244k), and Singapore ($95.9k).

Imports In 2022, Mongolia imported $23.5M in Valves, becoming the 128th largest importer of Valves in the world. At the same year, Valves was the 61st most imported product in Mongolia. Mongolia imports Valves primarily from: China ($11.7M), Italy ($1.43M), Russia ($1.19M), Germany ($1.15M), and United States ($1.08M).

The fastest growing import markets in Valves for Mongolia between 2021 and 2022 were China ($5.14M), Italy ($710k), and Sweden ($268k).

Mar 2024

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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 Valves. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Year

EXPORTS (2022)$1.62M

IMPORTS (2022)$23.5M

NET TRADE (2022)-$21.9M

In 2022, Mongolia exported $1.62M in Valves. The main destinations of Mongolia exports on Valves were Germany ($939k), South Korea ($244k), Singapore ($173k), Japan ($98.6k), and Russia ($84k).

In 2022, Mongolia imported $23.5M in Valves, mainly from China ($11.7M), Italy ($1.43M), Russia ($1.19M), Germany ($1.15M), and United States ($1.08M).