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Pricing

2022
Flag → Flag
Exports $1.24kRnk 101 / 113
2022
Flag → Flag
Top Product $1kOther Measuring Instruments
2022
Flag → Flag
Exports $5.94MRnk 135 / 168
2022
Flag → Flag
Top Product $2.98MChocolate
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Mongolia-Argentina Trade: In 2022, Mongolia exported $1.24k to Argentina. The main products that Mongolia exported to Argentina were Other Measuring Instruments ($1k) and Motor vehicles; parts and accessories (8701 to 8705) ($242). Over the past 6 years the exports of Mongolia to Argentina have decreased at an annualized rate of 14.6%, from $3.21k in 2016 to $1.24k in 2022.

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

Argentina-Mongolia Trade: In 2022, Argentina exported $5.94M to Mongolia. The main products that Argentina exported to Mongolia were Chocolate ($2.98M), Cheese ($1.75M), and Wine ($275k). Over the past 6 years the exports of Argentina to Mongolia have increased at an annualized rate of 22.2%,  from $2.18M in 2016 to $5.94M in 2022.

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

Comparison: In 2022,  Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $1.24k to Argentina. The main products exported from Mongolia to Argentina were Other Measuring Instruments ($1k) and Motor vehicles; parts and accessories (8701 to 8705) ($242). During the last 6 years the exports of Mongolia to Argentina have decreased at an annualized rate of 14.6%, from $3.21k in 2016 to $1.24k in 2022.

In 2017, Argentina exported $5.94M to Mongolia. The main products exported from Argentina to Mongolia were Chocolate ($2.98M), Cheese ($1.75M), and Wine ($275k). During the last 5 years the exports of Argentina to Mongolia have increased at an annualized rate of 22.2%, from $2.18M in 2022 to $5.94M in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Argentina (Flag)

Argentina Exports

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Argentina
Top DestinationBrazil$12.6B

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

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

In 2022, countries that imported more from Argentina than Mongolia included Brazil ($12.6B), United States ($6.99B), and Chile ($5.11B).

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

Comparative Advantage Mongolia - Argentina

Flow
Scale

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

During 2022, Mongolia had a large net trade with Argentina in the exports of Instruments ($1k) and Transportation ($242).

During 2017, Argentina had a large net trade with Mongolia in the exports of Foodstuffs ($3.57M), Animal Products ($1.75M), and Vegetable Products ($344k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Argentina+$4.99kCoal Briquettes
Top Product Potential Argentina Mongolia+$250kPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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