Mongolia / Belarus

Mongolia-Belarus Trade: In 2022, Mongolia exported $375k to Belarus. The main products that Mongolia exported to Belarus were Cars ($263k), Feldspar ($111k), and Motor vehicles; parts and accessories (8701 to 8705) ($524). Over the past 5 years the exports of Mongolia to Belarus have increased at an annualized rate of 19.4%, from $154k in 2017 to $375k in 2022.

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

Belarus-Mongolia Trade: In 2022, Belarus exported $40.6M to Mongolia. The main products that Belarus exported to Mongolia were Concentrated Milk ($11.2M), Delivery Trucks ($6.07M), and Refined Petroleum ($3.2M). Over the past 5 years the exports of Belarus to Mongolia have increased at an annualized rate of 15.5%,  from $14.8M in 2017 to $40.6M in 2022.

In 2014, Belarus exported services to Mongolia worth $151k, with Insurance services ($151k) and Government services, n.i.e. ($300) being the largest in terms of value.

Comparison: In 2022,  Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).