Algeria (DZA) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Algeria-Mongolia Trade: In 2022, Algeria exported $36.5k to Mongolia. The main products that Algeria exported to Mongolia were Tropical Fruits ($33.8k) and Dried Fruits ($2.68k). Over the past 5 years the exports of Algeria to Mongolia have increased at an annualized rate of 66%, from $2.89k in 2017 to $36.5k in 2022.

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

Mongolia-Algeria Trade: In 2022, Mongolia exported $35.8k to Algeria. The main products that Mongolia exported to Algeria were N/A. Over the past 5 years the exports of Mongolia to Algeria have decreased at an annualized rate of 6.41%, from $49.9k in 2017 to $35.8k in 2022.

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

Comparison: In 2022, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $36.5k to Mongolia. The main products exported from Algeria to Mongolia were Tropical Fruits ($33.8k) and Dried Fruits ($2.68k). During the last 5 years the exports of Algeria to Mongolia have increased at an annualized rate of 66%, from $2.89k in 2017 to $36.5k in 2022.

In 2012, Mongolia exported $35.8k to Algeria. There were not main exports from Mongolia to Algeria in 2012. During the last 5 years the exports of Mongolia to Algeria have decreased at an annualized rate of 6.41%, from $49.9k in 2017 to $35.8k in 2012.

Exports from Algeria () to Mongolia () (2022)

Exports from Mongolia () to Algeria () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Algeria
Top DestinationItaly$16.9B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Algeria than Mongolia included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

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

Comparative Advantage Algeria - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Algeria had a large net trade with Mongolia in the exports of Vegetable Products ($36.5k).

During 2012, Mongolia had a large net trade with Algeria 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 Algeria Mongolia+$22.3kTropical Fruits

Top Product Potential Mongolia Algeria+$3.22kIron Ore

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 Algeria and Mongolia. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Algeria.

About

Historical Data

Bilateral Trade by Products

Exports from Algeria () to Mongolia () (2022)

Exports from Mongolia () to Algeria () (2022)

Market Competitiveness

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

Comparative Advantage Algeria - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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