The value of exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from Mongolia totalled $ 14.4 thousand in 2022. Sales of commodity group 8505 from Mongolia went up by 111% compared to 2021: exports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" went up by $ 7.61 thousand (cumulative exports of commodity group 8505 from Mongolia amounted $6.8 thousand in 2021)
Exports of commodity group 8505 amounted to 0.256% of total sales of group "" from Mongolia in 2022 (the value of exports of commodity group from Mongolia amounted to $5.63 million in 2022). The share of exports of commodity group 8505 in sales of commodity group from Mongolia increased by 0.107 p.p. compared to 2021 (it was 0.148% in 2021, and exports of commodity group from Mongolia were $4.59 million).
Top export destinations of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" from Mongolia in 2022:
The value of imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" to Mongolia totalled $ 450 thousand in 2022. Sales of commodity group 8505 to Mongolia went up by 54% compared to 2021: imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" went up by $ 159 thousand (the value of imports of commodity group 8505 to Mongolia was equal to $291 thousand in 2021)
Imports of commodity group 8505 "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads" accounted for 0.005% of total import flow to Mongolia (in 2022, total imports to Mongolia amounted to $ 8.74 billion). The share of commodity group 8505 in total imports to Mongolia decreased by 0 p.p. compared to 2021 (it was 0.004% in 2021 and cumulative imports to Mongolia were equal to $ 6.84 billion).
Imports of commodity group 8505 reached 0.094% of total imports of group "" to Mongolia in 2022 (imports of commodity group to Mongolia totalled $478 million in 2022). The share of purchases of commodity group 8505 in total imports of commodity group to Mongolia increased by 0.033 p.p. compared to 2021 (it was 0.06% in 2021, and imports of commodity group to Mongolia accounted for $482 million).
Top trading partners (import of "Electro-magnets; permanent magnets and articles intended to become permanent magnets after magnetisation; electro-magnetic or permanent magnet chucks, clamps and similar holding devices; electro-magnetic couplings, clutches and brakes; electro-magnetic lifting heads") of Mongolia in 2022: