2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 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
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Mongolia-Bermuda Trade: In 2022, Mongolia exported $213 to Bermuda. The main products that Mongolia exported to Bermuda were Shaving Products ($210) and Soap ($3). Over the past 12 years the exports of Mongolia to Bermuda have increased at an annualized rate of 29%, from $10 in 2010 to $213 in 2022.

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

Bermuda-Mongolia In N/A, Bermuda did not export any products to Mongolia.

In 2022, Bermuda 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, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $213 to Bermuda. The main products exported from Mongolia to Bermuda were Shaving Products ($210) and Soap ($3). During the last 12 years the exports of Mongolia to Bermuda have increased at an annualized rate of 29%, from $10 in 2010 to $213 in 2022.

Bermuda does not register exports to Mongolia.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Bermuda
Top Destination
Zambia$17.5M

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

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

In 2022, countries that imported more from Bermuda than Mongolia included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

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

Comparative Advantage Mongolia - Bermuda

Flow
Scale

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

During 2022, Mongolia had a large net trade with Bermuda in the exports of Chemical Products ($213).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Bermuda+N/AN/A
Top Product Potential Bermuda Mongolia+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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