Japan (JPN) and Mongolia (MNG) Trade | OEC - The Observatory of Economic Complexity

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Japan-Mongolia In 2020, Japan exported $358M to Mongolia. The main products that Japan exported to Mongolia are Cars ($226M), Delivery Trucks ($20.8M), and Rubber Tires ($15.6M). During the last 25 years the exports of Japan to Mongolia have increased at an annualized rate of 8.97%, from $41.8M in 1995 to $358M in 2020.

In 2020, Japan did not export any services to Mongolia.

Mongolia-Japan In 2020, Mongolia exported $13.9M to Japan. The main products that Mongolia exported to Japan were Feldspar ($3.89M), Animal Organs ($2.07M), and Machinery Having Individual Functions ($1.26M). During the last 25 years the exports of Mongolia to Japan have decreased at an annualized rate of 7.08%, from $87.2M in 1995 to $13.9M in 2020.

In 2020, Mongolia did not export any services to Japan.

Comparison In 2020, Japan ranked 1 in the Economic Complexity Index (ECI 2.19), and 4 in total exports ($623B). That same year, Mongolia ranked 113 in the Economic Complexity Index (ECI -1.24), and 92 in total exports ($8.47B).

Latest Trends

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December, 2022

About

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Overview In December 2022, Japan exported ¥6.23B and imported ¥283M from Mongolia, resulting in a positive trade balance of ¥5.95B. Between December 2021 and December 2022 the exports of Japan have decreased by ¥-1.22B (-16.4%) from ¥7.45B to ¥6.23B, while imports increased by ¥401k (0.14%) from ¥283M to ¥283M.

Trade In December 2022, the top exports of Japan to Mongolia were Cars (¥3.33B), Large Construction Vehicles (¥158M), Commodities not elsewhere specified (¥130M), Delivery Trucks (¥115M), and Rolled Tobacco (¥97.1M). In December 2022 the top imports of Japan from Mongolia were Animal Organs (¥53.5M), Electric Furnaces (¥41.9M), Feldspar (¥30.5M), Other Engines (¥22.3M), and Trunks and Cases (¥18.9M).

Origins In December 2022 the exports of Japan were mainly from Aichi (¥2.26B), Kanagawa (¥1.64B), Fukuoka (¥648M), Osaka (¥630M), and Hyōgo (¥444M), while imports destinations were mainly Chiba (¥125M), Osaka (¥49.2M), Aichi (¥45.4M), Okayama (¥30.3M), and Tokyo (¥17.8M).

Growth In December 2022, the decrease in Japan's year-by-year exports to Mongolia was explained primarily by an decrease in product exports in Large Construction Vehicles (¥-115M or -42.2%), Rubber Tires (¥-88.7M or -58.4%), and Buses (¥-30.6M or -61.8%). In December 2022, the increase in Japan's year-by-year imports from Mongolia was explained primarily by an increase in product imports in Trunks and Cases (¥18.4M or 3.51k%), Other Engines (¥7.7M or 52.5%), and Feldspar (¥5.4M or 21.5%).

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (December 2021 - December 2022): ¥-1.22B, (-16.4%)

IMPORT GROWTH (December 2021 - December 2022): ¥401k, (0.14%)

MAIN EXPORTER (December 2022): Aichi, ¥2.26B

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

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

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Japan exported $358M to Mongolia. The main products exported from Japan to Mongolia were Cars ($226M), Delivery Trucks ($20.8M), and Rubber Tires ($15.6M). During the last 25 years the exports of Japan to Mongolia have increased at an annualized rate of 8.97%, from $41.8M in 1995 to $358M in 2020.

In 2020, Mongolia exported $13.9M to Japan. The main products exported from Mongolia to Japan were Feldspar ($3.89M), Animal Organs ($2.07M), and Machinery Having Individual Functions ($1.26M). During the last 25 years the exports of Mongolia to Japan have decreased at an annualized rate of 7.08%, from $87.2M in 1995 to $13.9M in 2020.

Market Competitiveness

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Measure

SectionYear

Japan
Top Destination: China, $133B

Mongolia
Top Destination: China, $5.4B

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

In 2019, countries that imported more from Japan than Mongolia were China ($133B), United States ($112B), and South Korea ($42.9B).

In 2019, countries that imported more from Mongolia than Japan were North Korea ($130k).

Comparative Advantage Japan - Mongolia

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Flow

Scale

Year

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

During 2020, Japan had a large net trade with Mongolia in the exports of Transportation ($268M), Machines ($30.9M), and Plastics and Rubbers ($25M).

During 2020, Mongolia had a large net trade with Japan in the exports of Mineral Products ($3.9M), Textiles ($3.82M), and Animal Products ($2.23M).

Economic Complexity

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Competitive Landscape

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Japan - Mongolia

Economic Complexity

Competitive Landscape

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