Indonesia (IDN) and Mongolia (MNG) Trade | OEC - The Observatory of Economic Complexity

About

Indonesia-Mongolia In 2021, Indonesia exported $26.7M to Mongolia. The main products that Indonesia exported to Mongolia are Packaged Medicaments ($5.32M), Large Construction Vehicles ($5.26M), and Delivery Trucks ($5.21M). During the last 25 years the exports of Indonesia to Mongolia have increased at an annualized rate of 36.5%, from $11.3k in 1996 to $26.7M in 2021.

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

Mongolia-Indonesia In 2021, Mongolia exported $1.91M to Indonesia. The main products that Mongolia exported to Indonesia were Feldspar ($1.67M), Excavation Machinery ($96.6k), and Interchangeable Tool Parts ($86k). During the last 25 years the exports of Mongolia to Indonesia have increased at an annualized rate of 13.2%, from $86.6k in 1996 to $1.91M in 2021.

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

Comparison In 2021, Indonesia ranked 61 in the Economic Complexity Index (ECI 0.042), and 27 in total exports ($248B). 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, Indonesia exported $26.7M to Mongolia. The main products exported from Indonesia to Mongolia were Packaged Medicaments ($5.32M), Large Construction Vehicles ($5.26M), and Delivery Trucks ($5.21M). During the last 25 years the exports of Indonesia to Mongolia have increased at an annualized rate of 36.5%, from $11.3k in 1996 to $26.7M in 2021.

In 2021, Mongolia exported $1.91M to Indonesia. The main products exported from Mongolia to Indonesia were Feldspar ($1.67M), Excavation Machinery ($96.6k), and Interchangeable Tool Parts ($86k). During the last 24 years the exports of Mongolia to Indonesia have increased at an annualized rate of 13.2%, from $86.6k in 1997 to $1.91M in 2021.

Latest Data

Indonesia Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

SectionYear

Indonesia
Top Destination: China, $54.5B

Mongolia
Top Destination: China, $7.64B

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

In 2021, countries that imported more from Indonesia than Mongolia were China ($54.5B), United States ($26.2B), and Japan ($18.6B).

In 2021, countries that imported more from Mongolia than Indonesia were Switzerland ($1.97B).

Comparative Advantage Indonesia - Mongolia

Flow

Scale

Year

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

During 2021, Indonesia had a large net trade with Mongolia in the exports of Machines ($8.16M), Chemical Products ($7.56M), and Transportation ($5.45M).

During 2021, Mongolia had a large net trade with Indonesia in the exports of Mineral Products ($1.67M), Machines ($105k), and Metals ($88.2k).

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Indonesia Exports

Mongolia Exports

Market Competitiveness

Comparative Advantage Indonesia - Mongolia

Economic Complexity

Competitive Landscape

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