The value of exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" from Mongolia totalled $ 1.11 billion in 2022. Sales of commodity group 71 from Mongolia went up by 8.46% compared to 2021: exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" went up by $ 86 million (cumulative exports of commodity group 71 from Mongolia amounted $1.02 billion in 2021)
Exports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" amounted to 8.85% of total exports from Mongolia (cumulative merchandise exports from Mongolia totalled $ 12.5 billion in 2022). The share of commodity group 71 in total exports from Mongolia decreased by 2.23 p.p. compared to 2021 (it was 11% in 2021 and cumulative exports from Mongolia were equal to $ 9.24 billion).
Where does Mongolia export Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin?
Top export destinations of "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" from Mongolia in 2022:
- Switzerland with a share of 92% (1.03 billion US$)
- Korea with a share of 6.85% (76 million US$)
- China - 4.29 million US$
- Malaysia - 965 thousand US$
- United Arab Emirates - 216 thousand US$
- Singapore - 178 thousand US$
- Ireland - 27 thousand US$
- USA - 3 thousand US$
- Australia - 969 US$
- Canada - 694 US$
Exports structure of 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin - from Mongolia in 2022 represented by the following main commodity groups:
- 99% (1.1 billion US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 0.385% (4.28 million US$): 7103 - Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
- 0.21% (2.33 million US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 0.122% (1.36 million US$): 7112 - Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal
- 0.002% (27 thousand US$): 7117 - Imitation jewellery
- 0% (6.13 thousand US$): 7114 - Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
- 0% (4.78 thousand US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 0% (673 US$): 7115 - Other articles of precious metal or of metal clad with precious metal
The value of imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" to Mongolia totalled $ 7.06 million in 2022. Sales of commodity group 71 to Mongolia went up by 10.7% compared to 2021: imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" went up by $ 686 thousand (the value of imports of commodity group 71 to Mongolia was equal to $6.37 million in 2021)
Imports of commodity group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" accounted for 0.08% of total import flow to Mongolia (in 2022, total imports to Mongolia amounted to $ 8.74 billion). The share of commodity group 71 in total imports to Mongolia decreased by 0.012 p.p. compared to 2021 (it was 0.093% in 2021 and cumulative imports to Mongolia were equal to $ 6.84 billion).
Imports of commodity group 71 reached 99% of total imports of group 71 "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin" to Mongolia in 2022 (imports of commodity group 71 to Mongolia totalled $7.06 million in 2022). The share of purchases of commodity group 71 in imports of commodity group 71 to Mongolia went down by 0 p.p. compared to 2021 (it was 100% in 2021, and imports of commodity group 71 to Mongolia accounted for $6.37 million).
Where does Mongolia import Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin from?
Top trading partners (import of "Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin") of Mongolia in 2022:
- Turkey with a share of 25% (1.81 million US$)
- China with a share of 21% (1.48 million US$)
- Thailand with a share of 16.1% (1.14 million US$)
- Switzerland with a share of 11.5% (817 thousand US$)
- Italy with a share of 10.4% (740 thousand US$)
- Korea with a share of 3.7% (261 thousand US$)
- Russia with a share of 1.73% (122 thousand US$)
- Japan with a share of 1.67% (118 thousand US$)
- Austria with a share of 1.56% (110 thousand US$)
- Germany with a share of 1.22% (86 thousand US$)
Imports structure of 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin - to Mongolia in 2022 represented by the following main commodity groups:
- 57% (4.06 million US$): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
- 22% (1.57 million US$): 7106 - Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form
- 12.8% (908 thousand US$): 7117 - Imitation jewellery
- 5.9% (416 thousand US$): 7116 - Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)
- 0.335% (23 thousand US$): 7102 - Diamonds, whether or not worked, but not mounted or set
- 0.314% (22 thousand US$): 7114 - Articles of goldsmiths' or silversmiths' wares and parts thereof, of precious metal or of metal clad with precious metal
- 0.236% (16.7 thousand US$): 7118 - Coin
- 0.153% (10.8 thousand US$): 7101 - Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport.
- 0.139% (9.84 thousand US$): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
- 0.109% (7.73 thousand US$): 7115 - Other articles of precious metal or of metal clad with precious metal