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Pricing

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Flag → Flag
Exports $44Rnk 112 / 117
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Flag → Flag
Top Product $44Centrifuges
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
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GDP PC $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
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GDP PC$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH0.099%CURRENT US$
Rnk 140 / 186

About

In N/A, Mongolia did not export any services to Burundi.

Burundi-Mongolia Trade: In N/A, Burundi exported $44 to Mongolia. The main products that Burundi exported to Mongolia were Centrifuges ($44). Over the past N/A years the exports of Burundi to Mongolia have decreased at an annualized rate of 48.8%,  from $1.25k in N/A to $44 in N/A.

In N/A, Burundi 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, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Mongolia does not register exports to Burundi.

In 2017, Burundi exported $44 to Mongolia. The main products exported from Burundi to Mongolia were Centrifuges ($44). During the last 5 years the exports of Burundi to Mongolia have decreased at an annualized rate of 48.8%, from $1.25k in 2022 to $44 in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Burundi
Top DestinationUnited Arab Emirates$59.9M

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

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

In 2022, countries that imported more from Burundi than Mongolia included United Arab Emirates ($59.9M), Democratic Republic of the Congo ($25.7M), and Sudan ($9.21M).

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

Comparative Advantage Mongolia - Burundi

Flow
Scale

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

During 2017, Burundi had a large net trade with Mongolia in the exports of Machines ($44).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Burundi+$1.53kCoal Briquettes
Top Product Potential Burundi Mongolia+$1.91kRefined Petroleum

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 Burundi. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Mongolia.

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

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