2022
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GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$16.8BCURRENT US$
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2012-2022
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GDP GROWTH
36.8%CURRENT US$
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2022
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GDP PC 
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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2022
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GDP PC
$4,947CURRENT US$
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2012-2022
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GDP PC GROWTH
12.4%CURRENT US$
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About

Mexico-Mongolia In 2022, Mexico exported $18.9M to Mongolia. The main products that Mexico exported to Mongolia are Acyclic Alcohols ($2.57M), Centrifuges ($2.03M), and Engine Parts ($1.94M). During the last 27 years the exports of Mexico to Mongolia have increased at an annualized rate of 34.8%, from $6k in 1995 to $18.9M in 2022.

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

Mongolia-Mexico In 2022, Mongolia exported $612 to Mexico. The main products that Mongolia exported to Mexico were N/A. During the last 27 years the exports of Mongolia to Mexico have decreased at an annualized rate of 10.8%, from $13.3k in 1995 to $612 in 2022.

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

Comparison In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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
Value

In 2022, Mexico exported $18.9M to Mongolia. The main products exported from Mexico to Mongolia were Acyclic Alcohols ($2.57M), Centrifuges ($2.03M), and Engine Parts ($1.94M). During the last 27 years the exports of Mexico to Mongolia have increased at an annualized rate of 34.8%, from $6k in 1995 to $18.9M in 2022.

In 2019, Mongolia exported $612 to Mexico. There were not main exports from Mongolia to Mexico in 2019. During the last 22 years the exports of Mongolia to Mexico have decreased at an annualized rate of 10.8%, from $13.3k in 1997 to $612 in 2019.

Exports from Mexico (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Mongolia (Flag)

Mexico Exports

Mongolia Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Mexico than Mongolia were United States ($421B), Canada ($22.2B), and Chinese Taipei ($7.86B).

In 2021, countries that imported more from Mongolia than Mexico were Russia ($112M), Iran ($7.39M), and Sudan ($419k).

Difference in imports from Mongolia (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - Mongolia

Flow
Scale

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

During 2022, Mexico had a large net trade with Mongolia in the exports of Machines ($8.43M), Chemical Products ($5.01M), and Foodstuffs ($1.91M).

During 2019, Mongolia had a large net trade with Mexico in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Mexico (Flag) and Mongolia (Flag) (2022)

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