Flag Japan / Mongolia Flag

2020
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Exports
: $358M, Rnk 67 / 213

2020
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Top Product
: $226M, Cars

2020
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Exports
: $13.9M, Rnk 11 / 106

2020
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Top Product
: $3.89M, Feldspar

2020
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Economic Complexity (ECI)
: ECI 2.19, Rnk 1 / 127

2020
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Economic Complexity (ECI)
: ECI -1.24, Rnk 113 / 127

2020
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GDP
: $5.04T, CURRENT US$
Rnk 3 / 204

2010-2020
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GDP GROWTH
: -12.5%, CURRENT US$
Rnk 188 / 204

2020
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 GDP
: $13.3B, CURRENT US$
Rnk 131 / 204

2010-2020
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GDP GROWTH
: 85.2%, CURRENT US$
Rnk 22 / 204

2020
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GDP PC 
: $39,918, CURRENT US$
Rnk 28 / 204

2010-2020
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GDP PC GROWTH
: -11.2%, CURRENT US$
Rnk 170 / 204

2020
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GDP PC
: $4,061, CURRENT US$
Rnk 127 / 204

2010-2020
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GDP PC GROWTH
: 53.6%, CURRENT US$
Rnk 28 / 204

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).

Historical Data

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Bilateral Trade by Products

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Depth
Value

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

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

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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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.