globaltraffic.earth

Who does Mongolia rely on?

The largest supplier of Mongolia in 2024 is China, with 54% of what Mongolia buys. Its share was 32.7% in 2019 and 24.1% in 1995. 290 of the 407 products Mongolia buys for more than $1 million have a supplier selling more than 50% of what Mongolia buys of that product; in 181, more than 75%. In those products, purchases from each one’s dominant supplier add up to 60.8% of what Mongolia buys.

Summary

Largest supplier: China
54%
Concentration (HHI)
3,184
Products with a supplier above 50%
290
Products with a supplier above 75%
181

Concentration index (HHI): 3,184 out of 10,000; equivalent to splitting purchases among 3 suppliers of the same size

Trend

Trend in shares

China went from 24.1% to 54% of what Mongolia buys

Share (%)

  • China 54%
  • Japan 13.1%
  • South Korea 7%
  • United States 4.5%
  • Germany 2.8%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995China24.1%
1996Russia35%
1997Russia30%
1998Russia26.1%
1999Russia25.5%
2000Russia30.3%
2001Russia31.6%
2002Russia33%
2003Russia29.1%
2004Russia31.1%
2005Russia32.1%
2006Russia32.8%
2007Russia33.3%
2008Russia35.3%
2009China44.1%
2010China42.1%
2011China43.3%
2012China37.4%
2013China28.4%
2014China32.3%
2015China35.6%
2016China29.9%
2017China31.6%
2018China32.5%
2019China32.7%
2020China35.1%
2021China36.3%
2022China34.7%
2023China39.6%
2024China54%

Its suppliers

  1. China$4.5 billion · 54%
  2. Japan$1.1 billion · 13.1%
  3. South Korea$582 million · 7%
  4. United States$380 million · 4.5%
  5. Germany$235 million · 2.8%
  6. Singapore$231 million · 2.8%
  7. Turkey$137 million · 1.6%
  8. Kazakhstan$120 million · 1.4%
  9. Switzerland$113 million · 1.4%
  10. Poland$89 million · 1.1%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 407 products Mongolia buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
CarsJapan81.1%over 75%China · 5.6%$1 billion
TrucksChina61.7%United States · 22.7%$594 million
Bulldozers and excavatorsChina59.8%Japan · 16.2%$280 million
Airplanes and helicoptersChina83.1%over 75%Germany · 9.1%$199 million
Steel structuresChina94.3%over 75%South Korea · 3.6%$169 million
Sorting and crushing machinesChina75%United States · 11.6%$154 million
New tiresChina73.1%United States · 10.4%$144 million
ElectricityChina100%over 75%—$132 million
Refined petroleumChina50.7%Singapore · 16.4%$127 million
Steel barsChina100%over 75%Netherlands · 0%$120 million
TractorsChina89.5%over 75%United States · 4.7%$110 million
TrailersChina97.5%over 75%Netherlands · 0.66%$100 million
Centrifuges and filtersChina61.8%Singapore · 8.8%$86 million
GoldSwitzerland100%over 75%—$82 million
BatteriesChina85.1%over 75%South Korea · 8.8%$79 million
Cables and wireChina89.6%over 75%South Korea · 5.6%$76 million
Cigarettes and cigarsSouth Korea62.9%Kazakhstan · 34.3%$75 million
BusesChina78.6%over 75%South Korea · 10.7%$74 million
Welded steel pipesChina95.4%over 75%India · 3.4%$73 million
Control panelsChina79.9%over 75%Turkey · 7.7%$72 million
Other iron or steel articlesChina89.5%over 75%South Korea · 1.9%$70 million
Liquid pumpsChina50.8%Singapore · 11.5%$61 million
Transformers and power suppliesChina80.3%over 75%Austria · 4.4%$60 million
Makeup and skin careSouth Korea66%France · 7.2%$56 million
Poultry meatChina99.5%over 75%United Kingdom · 0.35%$53 million

and 265 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: China
92.2%
Concentration (HHI)
8,533

Concentration index (HHI): 8,533 out of 10,000; equivalent to splitting sales among 1 customer of the same size

Trend in shares

China went from 36.2% to 92.2% of what Mongolia sells

Share (%)

  • China 92.2%
  • Switzerland 5.8%
  • Italy 0.44%
  • South Korea 0.24%
  • United States 0.16%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995China36.2%
1996Russia35.8%
1997China40.7%
1998China45.9%
1999China52.7%
2000China46%
2001China40%
2002China39.2%
2003China39%
2004China44.6%
2005China44.7%
2006China64.2%
2007China69.8%
2008China74.2%
2009China79.9%
2010China82.3%
2011China84.6%
2012China88.2%
2013China78.9%
2014China80.1%
2015China74.8%
2016China67.3%
2017China74.8%
2018China82.5%
2019China80.3%
2020China63.4%
2021China72.9%
2022China77.3%
2023China85.4%
2024China92.2%

52 of the 59 products Mongolia sells for more than $1 million have a customer buying more than 50% of what Mongolia sells of that product; in 39, more than 75%. In those products, sales to each one’s dominant customer add up to 98.3% of what Mongolia sells.

ProductCustomerShareSecondValue
CoalChina100%over 75%—$8.3 billion
Copper oreChina100%over 75%South Korea · 0%$3.3 billion
GoldSwitzerland100%over 75%—$849 million
Iron oreChina100%over 75%Canada · 0%$508 million
Crude petroleumChina100%over 75%—$322 million
Animal hairChina70.7%Italy · 25%$213 million
Feldspar and fluorsparChina91.9%over 75%Indonesia · 4.3%$181 million
Precious metal oreChina83.5%over 75%Finland · 16.5%$146 million
Molybdenum oreChina73.9%South Korea · 13.7%$130 million
Refined copperChina100%over 75%—$130 million
LigniteChina100%over 75%Germany · 0%$120 million
Zinc oreChina100%over 75%—$111 million
Prepared meatChina99.7%over 75%South Korea · 0.28%$76 million
Horse, donkey and mule meatChina94.5%over 75%Kazakhstan · 4.4%$60 million
Other nuts (almonds, walnuts)China59.1%United States · 33.1%$44 million

and 37 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
22Syria3,387
23Russia3,277
24Mongolia3,184
25Nauru3,129
26Aruba3,043
27Armenia2,929

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.