Lebanon (LBN) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Lebanon-Mongolia Trade: In 2022, Lebanon exported $171k to Mongolia. The main products that Lebanon exported to Mongolia were Other Processed Vegetables ($78.1k), Baked Goods ($61.4k), and Prepared Cereals ($18.3k). Over the past 5 years the exports of Lebanon to Mongolia have increased at an annualized rate of 108%, from $4.38k in 2017 to $171k in 2022.

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

Mongolia-Lebanon Trade: In 2022, Mongolia exported $13.2k to Lebanon. The main products that Mongolia exported to Lebanon were Knit Sweaters ($5.59k), Non-Knit Active Wear ($3.01k), and Knit Women's Suits ($2.01k). Over the past 5 years the exports of Mongolia to Lebanon have decreased at an annualized rate of 40.1%, from $171k in 2017 to $13.2k in 2022.

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

Comparison: In 2022, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B). 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, Lebanon exported $171k to Mongolia. The main products exported from Lebanon to Mongolia were Other Processed Vegetables ($78.1k), Baked Goods ($61.4k), and Prepared Cereals ($18.3k). During the last 5 years the exports of Lebanon to Mongolia have increased at an annualized rate of 108%, from $4.38k in 2017 to $171k in 2022.

In 2017, Mongolia exported $13.2k to Lebanon. The main products exported from Mongolia to Lebanon were Knit Sweaters ($5.59k), Non-Knit Active Wear ($3.01k), and Knit Women's Suits ($2.01k). During the last 5 years the exports of Mongolia to Lebanon have decreased at an annualized rate of 40.1%, from $171k in 2022 to $13.2k in 2017.

Exports from Lebanon () to Mongolia () (2022)

Exports from Mongolia () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Mongolia ()

Mongolia Exports

Date

Mar 2019

Aug 2018

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Lebanon
Top DestinationUnited Arab Emirates$956M

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Lebanon than Mongolia included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

In 2022, countries that imported more from Mongolia than Lebanon included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Lebanon - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Lebanon had a large net trade with Mongolia in the exports of Foodstuffs ($169k), Paper Goods ($1.57k), and Animal Hides ($367).

During 2017, Mongolia had a large net trade with Lebanon in the exports of Textiles ($12.1k), Machines ($600), and Footwear and Headwear ($425).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Lebanon and Mongolia. This means that a dot/product with the flag of Lebanon indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Lebanon.

About

Historical Data

Bilateral Trade by Products

Exports from Lebanon () to Mongolia () (2022)

Exports from Mongolia () to Lebanon () (2022)

Latest Data

Trade between Lebanon () and Mongolia ()

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Lebanon - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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