2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC 
$5,839CURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195

About

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

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

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

Comparison In 2023,  Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32),  and 89 in total exports ($14.3B). That same year, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Mongolia does not register exports to Bhutan.

Bhutan does not register exports to Mongolia.

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

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

Latest Data

Trade between Mongolia (Flag) and Bhutan (Flag)

Mongolia Exports

Date

Market Competitiveness

Color
Mongolia
Top Destination
China$13.1B
Bhutan
Top Destination
India$421M

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

In 2023, countries that imported more from Mongolia than Bhutan included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

In 2023, countries that imported more from Bhutan than Mongolia included India ($421M), Singapore ($1.75M), and Slovenia ($867k).

Difference in imports from Bhutan (Flag) and Mongolia (Flag) (2023)

Comparative Advantage Mongolia - Bhutan

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

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