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Pricing

2022
Flag → Flag
Exports $7.75kRnk 89 / 113
2022
Flag → Flag
Top Product $3kInterchangeable Tool Parts
2022
Flag → Flag
Exports $948kRnk 19 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.81Rnk 130 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH98.1%CURRENT US$
Rnk 15 / 186
2022
Flag
GDP PC $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC$586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH42.1%CURRENT US$
Rnk 45 / 186

About

Mongolia-Democratic Republic of the Congo Trade: In 2022, Mongolia exported $7.75k to Democratic Republic of the Congo. The main products that Mongolia exported to Democratic Republic of the Congo were Interchangeable Tool Parts ($3k), Iron Cloth ($1.92k), and Excavation Machinery ($1.43k). Over the past 7 years the exports of Mongolia to Democratic Republic of the Congo have decreased at an annualized rate of 43.8%, from $436k in 2015 to $7.75k in 2022.

In 2022, Mongolia did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Mongolia In N/A, Democratic Republic of the Congo did not export any products to Mongolia.

In 2022, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $7.75k to Democratic Republic of the Congo. The main products exported from Mongolia to Democratic Republic of the Congo were Interchangeable Tool Parts ($3k), Iron Cloth ($1.92k), and Excavation Machinery ($1.43k). During the last 7 years the exports of Mongolia to Democratic Republic of the Congo have decreased at an annualized rate of 43.8%, from $436k in 2015 to $7.75k in 2022.

Democratic Republic of the Congo does not register exports to Mongolia.

Exports from Mongolia (Flag) to Democratic Republic of the Congo (Flag) (2022)

Exports from Democratic Republic of the Congo (Flag) to Mongolia (Flag) (2022)

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Democratic Republic of the Congo
Top DestinationChina$15.6B

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

In 2022, countries that imported more from Mongolia than Democratic Republic of the Congo included Switzerland ($1.98B), Russia ($112M), and Finland ($9.15M).

In 2022, countries that imported more from Democratic Republic of the Congo than Mongolia included China ($15.6B), United Arab Emirates ($1.3B), and Hong Kong ($1.24B).

Difference in imports from Democratic Republic of the Congo (Flag) and Mongolia (Flag) (2022)

Comparative Advantage Mongolia - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Mongolia and Democratic Republic of the Congo by product, considering products traded by both, Mongolia and Democratic Republic of the Congo.

During 2022, Mongolia had a large net trade with Democratic Republic of the Congo in the exports of Metals ($5.39k), Machines ($1.43k), and Transportation ($926).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Democratic Republic of the Congo+$2.84kCoal Briquettes
Top Product Potential Democratic Republic of the Congo Mongolia+$2.56kRefined Copper

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Mongolia (Flag) and Democratic Republic of the Congo (Flag) (2022)

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