New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $177MRnk 112 / 223
2022
Flag → Flag
Top Product $15.3MCars
2022
Flag → Flag
Exports $26.7MRnk 8 / 113
2022
Flag → Flag
Top Product $9.99MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
Flag
Economic Complexity (ECI) ECI -1.14Rnk 110 / 124
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

About

Germany-Mongolia In 2022, Germany exported $177M to Mongolia. The main products that Germany exported to Mongolia are Cars ($15.3M), Packaged Medicaments ($15M), and Chocolate ($9.26M). During the last 27 years the exports of Germany to Mongolia have increased at an annualized rate of 7.29%, from $26.5M in 1995 to $177M in 2022.

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

Mongolia-Germany In 2022, Mongolia exported $26.7M to Germany. The main products that Mongolia exported to Germany were Planes, Helicopters, and/or Spacecraft ($9.99M), Knit Sweaters ($3.66M), and Animal Organs ($3.6M). During the last 27 years the exports of Mongolia to Germany have increased at an annualized rate of 5.86%, from $5.74M in 1995 to $26.7M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €10.6M and imported €591k from Mongolia, resulting in a positive trade balance of €10.1M. Between January 2023 and January 2024 the exports of Germany have decreased by €-2.31M (-17.8%) from €13M to €10.6M, while imports decreased by €-2.31M (-79.7%) from €2.91M to €591k.

Trade In January 2024, the top exports of Germany to Mongolia were Motor cars and motor caravans (€2.9M), Pharmaceutical products (€1.08M), Cocoa and cocoa products (€819k), Medical, surgical equipment, orthopaedic apparatus (€781k), and Machinery for food, beverage, tobacco production (€636k). In January 2024 the top imports of Germany from Mongolia were Apparel of knitted, crocheted wool, animal... (€1.04M), Other food of animal origin (€811k), Nuts and dried fruits (€681k), Apparel of knitted, crocheted silk, man-made... (€127k), and Apparel of wool, other animal hair,... (€72k).

Origins In January 2024 the exports of Germany were mainly from Bavaria (€1.73M), North Rhine-Westphalia (€1.09M), Baden-Württemberg (€941k), Berlin (€888k), and Lower Saxony (€788k), while imports destinations were mainly Bavaria (€198k), North Rhine-Westphalia (€140k), Hamburg (€39k), and Berlin (€28k).

Growth In January 2024, the decrease in Germany's year-by-year exports to Mongolia was explained primarily by an decrease in product exports in Other machinery (€-524k or -65%), Medical, surgical equipment, orthopaedic apparatus (€-516k or -39.8%), and Mineral oil products (€-379k or -60.9%). In January 2024, the decrease in Germany's year-by-year imports  from Mongolia was explained primarily by an decrease in product imports  in Wool, other animal hair, raw or... (€-327k or -90.8%), Nuts and dried fruits (€-167k or -19.7%), and Other textile products (€-13k or -28.9%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-2.31M(-17.8%)
IMPORT GROWTH (January 2023 - January 2024)€-2.31M(-79.7%)
MAIN EXPORTER (January 2024)Bavaria€1.73M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Mongolia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mongolia and Germany Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $177M to Mongolia. The main products exported from Germany to Mongolia were Cars ($15.3M), Packaged Medicaments ($15M), and Chocolate ($9.26M). During the last 27 years the exports of Germany to Mongolia have increased at an annualized rate of 7.29%, from $26.5M in 1995 to $177M in 2022.

In 2022, Mongolia exported $26.7M to Germany. The main products exported from Mongolia to Germany were Planes, Helicopters, and/or Spacecraft ($9.99M), Knit Sweaters ($3.66M), and Animal Organs ($3.6M). During the last 27 years the exports of Mongolia to Germany have increased at an annualized rate of 5.86%, from $5.74M in 1995 to $26.7M in 2022.

Exports from Germany (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Mongolia
Top DestinationChina$10.6B

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

In 2021, countries that imported more from Germany than Mongolia were United States ($153B), France ($120B), and Netherlands ($109B).

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

Difference in imports from Mongolia (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Mongolia

Flow
Scale

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

During 2022, Germany had a large net trade with Mongolia in the exports of Foodstuffs ($33.6M), Machines ($31.3M), and Chemical Products ($29.8M).

During 2022, Mongolia had a large net trade with Germany in the exports of Transportation ($10.1M), Textiles ($8.52M), and Animal Products ($3.67M).

Economic Complexity

Competitive Landscape

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 Germany has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Germany.

Product Space of Germany (Flag) and Mongolia (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms