Mongolia (MNG) and Czechia (CZE) Trade | The Observatory of Economic Complexity

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Mongolia-Czechia Trade: In 2022, Mongolia exported $1.41M to Czechia. The main products that Mongolia exported to Czechia were Animal Organs ($305k), Gold ($229k), and Vegetable Alkaloids ($213k). Over the past 5 years the exports of Mongolia to Czechia have decreased at an annualized rate of 2.58%, from $1.61M in 2017 to $1.41M in 2022.

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

Czechia-Mongolia Trade: In 2022, Czechia exported $19.4M to Mongolia. The main products that Czechia exported to Mongolia were Toilet Paper ($1.8M), Hair Products ($1.24M), and Soap ($1.16M). Over the past 5 years the exports of Czechia to Mongolia have increased at an annualized rate of 4.49%, from $15.6M in 2017 to $19.4M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $1.41M to Czechia. The main products exported from Mongolia to Czechia were Animal Organs ($305k), Gold ($229k), and Vegetable Alkaloids ($213k). During the last 5 years the exports of Mongolia to Czechia have decreased at an annualized rate of 2.58%, from $1.61M in 2017 to $1.41M in 2022.

In 2017, Czechia exported $19.4M to Mongolia. The main products exported from Czechia to Mongolia were Toilet Paper ($1.8M), Hair Products ($1.24M), and Soap ($1.16M). During the last 5 years the exports of Czechia to Mongolia have increased at an annualized rate of 4.49%, from $15.6M in 2022 to $19.4M in 2017.

Exports from Mongolia () to Czechia () (2022)

Exports from Czechia () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Czechia ()

Mongolia Exports

Date

Czechia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Czechia
Top DestinationGermany$75.3B

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

In 2022, countries that imported more from Mongolia than Czechia included China ($10.6B).

In 2022, countries that imported more from Czechia than Mongolia included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Mongolia - Czechia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Czechia in the exports of Animal Products ($305k), Textiles ($249k), and Precious Metals ($231k).

During 2017, Czechia had a large net trade with Mongolia in the exports of Chemical Products ($5.1M), Machines ($3.99M), and Foodstuffs ($2.11M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Czechia+$750kGold

Top Product Potential Czechia Mongolia+$727kCars

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Czechia () (2022)

Exports from Czechia () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Czechia ()

Mongolia Exports

Czechia Exports

Market Competitiveness

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

Comparative Advantage Mongolia - Czechia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Czechia () (2022)

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