Switzerland (CHE) and Mongolia (MNG) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Year

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.

Latest Data

Switzerland Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

SectionYear

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

Flow

Scale

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

Switzerland Exports

Mongolia Exports

Market Competitiveness

Comparative Advantage Switzerland - Mongolia

Economic Complexity

Competitive Landscape

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