2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$2.82BCURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP GROWTH
48.4%CURRENT US$
Rnk 67 / 186
2022
Flag
GDP PC 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC
$6,968CURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP PC GROWTH
23.4%CURRENT US$
Rnk 76 / 186

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 58.8%,  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
Value

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 58.8%, from $5.36k in 2021 to $64 in 2016.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Belize
Top Destination
United 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 (Flag) and Mongolia (Flag) (2022)

Comparative Advantage Mongolia - Belize

Flow
Scale

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

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 (Flag) and Belize (Flag) (2021)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with