Mongolia (MNG) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Mongolia (MNG) and Belize (BLZ) Trade

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Exports $64Rnk 159 / 0

2022

Economic Complexity (ECI) ECI -1.26Rnk 120 / 133

2022

GDP$16.8BCURRENT US$
Rnk 126 / 186

2012-2022

GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186

2022

GDP$2.82BCURRENT US$
Rnk 162 / 186

2012-2022

GDP GROWTH48.4%CURRENT US$
Rnk 67 / 186

2022

GDP PC $4,947CURRENT US$
Rnk 112 / 186

2012-2022

GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

2022

GDP PC$6,968CURRENT US$
Rnk 92 / 186

2012-2022

GDP PC GROWTH23.4%CURRENT US$
Rnk 76 / 186

Image 1

Image by Paulo Philippidis
Link: https://flic.kr/p/8uDRi7

Image 2

Image by Suzanne Schroeter
Link: https://flic.kr/p/iuEH4j

Historical Data
Economic Complexity

About

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

Belize-Mongolia Trade: In N/A, Belize exported $64 to Mongolia. The main products that Belize exported to Mongolia were N/A. Over the past N/A years the exports of Belize to Mongolia have decreased at an annualized rate of 46.9%, from $5.36k in N/A to $64 in N/A.

In N/A, Belize 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, Belize ranked 175 in total exports ($399M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Mongolia does not register exports to Belize.

In 2016, Belize exported $64 to Mongolia. There were not main exports from Belize to Mongolia in 2016. During the last 5 years the exports of Belize to Mongolia have decreased at an annualized rate of 46.9%, from $5.36k in 2021 to $64 in 2016.

Exports from Mongolia () to Belize () (2021)

Exports from Belize () to Mongolia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Belize
Top DestinationUnited States$86.5M

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

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

In 2022, countries that imported more from Belize than Mongolia included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

Difference in imports from Belize () and Mongolia () (2022)

Comparative Advantage Mongolia - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Belize had a large net trade with Mongolia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Mongolia () and Belize () (2021)

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