Burma (MMR) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Burma-Mongolia Trade: In 2023, Burma exported $161k to Mongolia. The main products that Burma exported to Mongolia were Knit Sweaters ($66.7k), Knit Men's Suits ($37.7k), and Knit T-shirts ($34.5k). Over the past 5 years the exports of Burma to Mongolia have decreased at an annualized rate of 22.4%, from $572k in 2018 to $161k in 2023.

In 2023, Burma did not export any services to Mongolia.

Mongolia-Burma Trade: In 2023, Mongolia exported $19.8k to Burma. The main products that Mongolia exported to Burma were N/A. Over the past 5 years the exports of Mongolia to Burma have decreased at an annualized rate of 3.96%, from $24.2k in 2018 to $19.8k in 2023.

In 2023, Mongolia did not export any services to Burma.

Comparison: In 2023, Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Burma exported $161k to Mongolia. The main products exported from Burma to Mongolia were Knit Sweaters ($66.7k), Knit Men's Suits ($37.7k), and Knit T-shirts ($34.5k). During the last 5 years the exports of Burma to Mongolia have decreased at an annualized rate of 22.4%, from $572k in 2018 to $161k in 2023.

In 2015, Mongolia exported $19.8k to Burma. There were not main exports from Mongolia to Burma in 2015. During the last 5 years the exports of Mongolia to Burma have decreased at an annualized rate of 3.96%, from $24.2k in 2020 to $19.8k in 2015.

Exports from Burma () to Mongolia () (2023)

Exports from Mongolia () to Burma () (2023)

Latest Data

Trade between Burma () and Mongolia ()

Burma Exports

Date

Mongolia Exports

Date

Jan 2019

Oct 2017

Nov 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burma
Top DestinationChina$6.97B

Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Burma than Mongolia included Thailand ($3.44B), Japan ($1.61B), and Germany ($1.3B).

In 2023, countries that imported more from Mongolia than Burma included China ($13.1B), Switzerland ($842M), and Nigeria ($4.67M).

Difference in imports from Mongolia () and Burma () (2023)

Comparative Advantage Burma - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Burma had a large net trade with Mongolia in the exports of Textiles ($161k).

During 2015, Mongolia had a large net trade with Burma in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Burma () to Mongolia () (2023)

Exports from Mongolia () to Burma () (2023)

Latest Data

Trade between Burma () and Mongolia ()

Burma Exports

Mongolia Exports

Market Competitiveness

Difference in imports from Mongolia () and Burma () (2023)

Comparative Advantage Burma - Mongolia

Economic Complexity

Competitive Landscape

Product Space of Burma () and Mongolia () (2023)

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