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How dependent is Mongolia on Japan?

In 2024, Japan sold $1.1 billion to Mongolia, 13.1% of its imports, ranking 2nd among its suppliers. Its share was 9.6% in 2019 and 16% in 1995. In 7 products it sells more than 50% of what Mongolia buys of them (in 6, more than 75%); what Mongolia buys from Japan in those products (dominated value) adds up to $875 million, 10.5% of its imports.

Summary

Share of its imports
13.1%
Value imported
$1.1billion
Rank among its suppliers
2nd
Products where it sells over 50%
7
Products where it sells over 75%
6
Dominated value
$875million
Share of total imports
10.5%

Trend

Trend in shares

Japan went from 16% to 13.1% of what Mongolia buys

Share (%)

  • Japan 13.1%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954216%2
19968113%3
1997497.7%4
19987111.4%3
199913021%2
20007610.6%3
2001618.3%4
2002294.1%6
2003767.9%4
2004957.9%3
20051007.4%3
20061327.6%3
20071506.7%3
20082237.3%4
20091054.4%4
20101584.6%4
20113135%4
20123404.8%5
20134747.2%5
20144247.8%3
20153007.6%3
201640011.1%3
20174109%3
20185869.6%3
20196079.6%3
20204167.6%3
20214576.5%3
20226887.7%3
20237547.9%3
20241,09513.1%2

Products where Japan sells more than half

ProductSupplierShareSecondValue
CarsJapan81.1%over 75%China · 5.6%$833 million
Spark-ignition enginesJapan95%over 75%China · 2.1%$14 million
Used and retreaded tiresJapan93%over 75%China · 4.8%$10 million
Fishing vesselsJapan100%over 75%—$7 million
Cargo and cruise shipsJapan99.8%over 75%China · 0.19%$7 million
TugboatsJapan100%over 75%—$4 million
Other vegetable oilsJapan50.8%South Korea · 36.5%$840 thousand

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%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Japan

Mongolia is Japan’s 52nd-largest customer, with 0.14% of its exports.

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.