Flag Switzerland / Mongolia Flag

2021
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Exports
: $25.6M, Rnk 119 / 216

2021
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Top Product
: $3.66M, Precious Metal Watches

2021
FlagFlag
Exports
: $1.97B, Rnk 2 / 105

2021
FlagFlag
Top Product
: $1.96B, Gold

2021
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Economic Complexity (ECI)
: ECI 1.94, Rnk 2 / 131

2021
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Economic Complexity (ECI)
: ECI -1.23, Rnk 117 / 131

2021
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GDP
: $813B, CURRENT US$
Rnk 20 / 182

2011-2021
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GDP GROWTH
: 12.6%, CURRENT US$
Rnk 120 / 182

2021
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 GDP
: $15.1B, CURRENT US$
Rnk 123 / 182

2011-2021
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GDP GROWTH
: 45%, CURRENT US$
Rnk 61 / 182

2021
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GDP PC 
: $93,457, CURRENT US$
Rnk 4 / 182

2011-2021
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GDP PC GROWTH
: 2.41%, CURRENT US$
Rnk 120 / 182

2021
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GDP PC
: $4,535, CURRENT US$
Rnk 107 / 182

2011-2021
Flag
GDP PC GROWTH
: 20.7%, CURRENT US$
Rnk 71 / 182

Switzerland-Mongolia In 2021, Switzerland exported $25.6M to Mongolia. The main products that Switzerland exported to Mongolia are Precious Metal Watches ($3.66M), Base Metal Watches ($3.15M), and Packaged Medicaments ($2.53M). During the last 26 years the exports of Switzerland to Mongolia have increased at an annualized rate of 14.8%, from $701k in 1995 to $25.6M in 2021.

In 2021, Switzerland did not export any services to Mongolia.

Mongolia-Switzerland In 2021, Mongolia exported $1.97B to Switzerland. The main products that Mongolia exported to Switzerland were Gold ($1.96B), Silver ($11.4M), and Animal Organs ($436k). During the last 26 years the exports of Mongolia to Switzerland have increased at an annualized rate of 44.9%, from $128k in 1995 to $1.97B in 2021.

In 2021, Mongolia did not export any services to Switzerland.

Comparison In 2021,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.94), and 17 in total exports ($371B). That same year, Mongolia ranked 117 in the Economic Complexity Index (ECI -1.23), and 95 in total exports ($10.5B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Switzerland exported $25.6M to Mongolia. The main products exported from Switzerland to Mongolia were Precious Metal Watches ($3.66M), Base Metal Watches ($3.15M), and Packaged Medicaments ($2.53M). During the last 26 years the exports of Switzerland to Mongolia have increased at an annualized rate of 14.8%, from $701k in 1995 to $25.6M in 2021.

In 2021, Mongolia exported $1.97B to Switzerland. The main products exported from Mongolia to Switzerland were Gold ($1.96B), Silver ($11.4M), and Animal Organs ($436k). During the last 26 years the exports of Mongolia to Switzerland have increased at an annualized rate of 44.9%, from $128k in 1995 to $1.97B in 2021.

Switzerland Exports

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Mongolia Exports

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Market Competitiveness

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Color

Switzerland
Top Destination
: Germany, $55.2B

Mongolia
Top Destination
: China, $7.64B

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

In 2021, countries that imported more from Switzerland than Mongolia were Germany ($55.2B), United States ($51.1B), and India ($31.8B).

In 2019, no countries were registered that imported more from Mongolia than from Switzerland.

Comparative Advantage Switzerland - Mongolia

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Flow
Scale

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

During 2021, Switzerland had a large net trade with Mongolia in the exports of Instruments ($8.62M), Machines ($5.47M), and Chemical Products ($3.04M).

During 2021, Mongolia had a large net trade with Switzerland in the exports of Precious Metals ($1.97B), Textiles ($687k), and Animal Products ($436k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Switzerland.