Mongolia (MNG) and Germany (DEU) Trade | OEC - The Observatory of Economic Complexity

About

Mongolia-Germany In 2021, Mongolia exported $12.9M to Germany. The main products that Mongolia exported to Germany are Knit Sweaters ($2.71M), Animal Organs ($1.95M), and Prepared Wool or Animal Hair ($1.75M). During the last 26 years the exports of Mongolia to Germany have increased at an annualized rate of 3.17%, from $5.73M in 1995 to $12.9M in 2021.

In 2021, Mongolia did not export any services to Germany.

Germany-Mongolia In 2021, Germany exported $199M to Mongolia. The main products that Germany exported to Mongolia were Packaged Medicaments ($18M), Planes, Helicopters, and/or Spacecraft ($15.9M), and Chocolate ($9.85M). During the last 26 years the exports of Germany to Mongolia have increased at an annualized rate of 8.06%, from $26.5M in 1995 to $199M in 2021.

In 2021, Germany did not export any services to Mongolia.

Comparison In 2021, Mongolia ranked 117 in the Economic Complexity Index (ECI -1.23), and 95 in total exports ($10.5B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.81), and 3 in total exports ($1.56T).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Mongolia exported $12.9M to Germany. The main products exported from Mongolia to Germany were Knit Sweaters ($2.71M), Animal Organs ($1.95M), and Prepared Wool or Animal Hair ($1.75M). During the last 26 years the exports of Mongolia to Germany have increased at an annualized rate of 3.17%, from $5.73M in 1995 to $12.9M in 2021.

In 2021, Germany exported $199M to Mongolia. The main products exported from Germany to Mongolia were Packaged Medicaments ($18M), Planes, Helicopters, and/or Spacecraft ($15.9M), and Chocolate ($9.85M). During the last 26 years the exports of Germany to Mongolia have increased at an annualized rate of 8.06%, from $26.5M in 1995 to $199M in 2021.

Latest Data

Mongolia Exports

Date

Germany Exports

Date

Market Competitiveness

Color

SectionYear

Mongolia
Top Destination: China, $7.64B

Germany
Top Destination: United States, $135B

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

In 2021, countries that imported more from Mongolia than Germany were Bahrain ($160).

In 2021, countries that imported more from Germany than Mongolia were United States ($135B), France ($119B), and China ($121B).

Comparative Advantage Mongolia - Germany

Flow

Scale

Year

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

During 2021, Mongolia had a large net trade with Germany in the exports of Textiles ($8.04M), Animal Products ($2.1M), and Vegetable Products ($990k).

During 2021, Germany had a large net trade with Mongolia in the exports of Foodstuffs ($39.3M), Chemical Products ($32.4M), and Machines ($31.9M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Mongolia has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Mongolia.

About

Historical Data

Bilateral Trade by Products

Latest Data

Mongolia Exports

Germany Exports

Market Competitiveness

Comparative Advantage Mongolia - Germany

Economic Complexity

Competitive Landscape

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