Brunei (BRN) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Brunei-Mongolia Trade: In 2022, Brunei exported $52 to Mongolia. The main products that Brunei exported to Mongolia were Knitted Hats ($37) and Pasta ($15). Over the past 8 years the exports of Brunei to Mongolia have decreased at an annualized rate of 15.8%, from $205 in 2014 to $52 in 2022.

In 2022, Brunei did not export any services to Mongolia.

Mongolia-Brunei Trade: In 2022, Mongolia exported $1.12k to Brunei. The main products that Mongolia exported to Brunei were Excavation Machinery ($604), Non-Knit Men's Suits ($157), and Non-Knit Women's Suits ($155). Over the past 8 years the exports of Mongolia to Brunei have increased at an annualized rate of 12.9%, from $610 in 2014 to $1.12k in 2022.

In 2022, Mongolia did not export any services to Brunei.

Comparison In 2022, Brunei ranked 90 in total exports ($14B), and does not have data regarding Economic Complexity Index. That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Brunei exported $52 to Mongolia. The main products exported from Brunei to Mongolia were Knitted Hats ($37) and Pasta ($15). During the last 8 years the exports of Brunei to Mongolia have decreased at an annualized rate of 15.8%, from $205 in 2014 to $52 in 2022.

In 2017, Mongolia exported $1.12k to Brunei. The main products exported from Mongolia to Brunei were Excavation Machinery ($604), Non-Knit Men's Suits ($157), and Non-Knit Women's Suits ($155). During the last 5 years the exports of Mongolia to Brunei have increased at an annualized rate of 12.9%, from $610 in 2022 to $1.12k in 2017.

Exports from Brunei () to Mongolia () (2022)

Exports from Mongolia () to Brunei () (2022)

Latest Data

Trade between Brunei () and Mongolia ()

Brunei Exports

Date

Dec 2018

Jun 2018

Jan 2011

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Brunei
Top DestinationAustralia$2.66B

Mongolia
Top DestinationChina$10.6B

This map shows whether countries import more from Brunei or Mongolia. Each country is colored based on the difference in imports they receive from Brunei and Mongolia or the difference in the growth in imports.

In 2022, countries that imported more from Brunei than Mongolia included Australia ($2.66B), Japan ($2.32B), and Singapore ($1.97B).

In 2022, countries that imported more from Mongolia than Brunei included China ($10.6B), Switzerland ($1.98B), and Russia ($112M).

Difference in imports from Mongolia () and Brunei () (2022)

Comparative Advantage Brunei - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Brunei and Mongolia by product, considering products traded by both, Brunei and Mongolia.

During 2022, Brunei had a large net trade with Mongolia in the exports of Footwear and Headwear ($37) and Foodstuffs ($15).

During 2017, Mongolia had a large net trade with Brunei in the exports of Machines ($604), Textiles ($332), and Transportation ($122).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Brunei and Mongolia. This means that a dot/product with the flag of Brunei indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Brunei.

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Historical Data

Bilateral Trade by Products

Exports from Brunei () to Mongolia () (2022)

Exports from Mongolia () to Brunei () (2022)

Latest Data

Trade between Brunei () and Mongolia ()

Brunei Exports

Market Competitiveness

Difference in imports from Mongolia () and Brunei () (2022)

Comparative Advantage Brunei - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Brunei () and Mongolia () (2022)

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