Cameroon (CMR) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Cameroon-Mongolia Trade: In 2022, Cameroon exported $4.11k to Mongolia. The main products that Cameroon exported to Mongolia were Non-Knit Men's Suits ($2.55k) and Knit Men's Shirts ($1.56k). Over the past 5 years the exports of Cameroon to Mongolia have decreased at an annualized rate of 0.28%, from $4.16k in 2017 to $4.11k in 2022.

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

Mongolia-Cameroon Trade: In 2022, Mongolia exported $1.26k to Cameroon. The main products that Mongolia exported to Cameroon were N/A. Over the past 5 years the exports of Mongolia to Cameroon have increased at an annualized rate of 1.49%, from $1.17k in 2017 to $1.26k in 2022.

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

Comparison: In 2022, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B). 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, Cameroon exported $4.11k to Mongolia. The main products exported from Cameroon to Mongolia were Non-Knit Men's Suits ($2.55k) and Knit Men's Shirts ($1.56k). During the last 5 years the exports of Cameroon to Mongolia have decreased at an annualized rate of 0.28%, from $4.16k in 2017 to $4.11k in 2022.

In 2015, Mongolia exported $1.26k to Cameroon. There were not main exports from Mongolia to Cameroon in 2015. During the last 5 years the exports of Mongolia to Cameroon have increased at an annualized rate of 1.49%, from $1.17k in 2020 to $1.26k in 2015.

Exports from Cameroon () to Mongolia () (2022)

Exports from Mongolia () to Cameroon () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cameroon
Top DestinationNetherlands$1.31B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Cameroon than Mongolia included Netherlands ($1.31B), France ($1.02B), and India ($974M).

In 2022, countries that imported more from Mongolia than Cameroon included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Cameroon - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cameroon had a large net trade with Mongolia in the exports of Textiles ($4.11k).

During 2015, Mongolia had a large net trade with Cameroon in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cameroon Mongolia+$2.2kPetroleum Gas

Top Product Potential Mongolia Cameroon+$1.76kCoal Briquettes

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cameroon () to Mongolia () (2022)

Exports from Mongolia () to Cameroon () (2022)

Market Competitiveness

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

Comparative Advantage Cameroon - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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