2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Mongolia-Algeria Trade: In 2017, Mongolia exported $35.8k to Algeria. The main products that Mongolia exported to Algeria were N/A. Over the past 5 years the exports of Mongolia to Algeria have decreased at an annualized rate of 6.41%, from $49.9k in 2012 to $35.8k in 2017.

In 2017, Mongolia did not export any services to Algeria.

Algeria-Mongolia Trade: In 2017, Algeria exported $36.5k to Mongolia. The main products that Algeria exported to Mongolia were Tropical Fruits ($33.8k) and Dried Fruits ($2.68k). Over the past 5 years the exports of Algeria to Mongolia have increased at an annualized rate of 66%,  from $2.89k in 2012 to $36.5k in 2017.

In 2017, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Mongolia exported $35.8k to Algeria. There were not main exports from Mongolia to Algeria in 2017. During the last 5 years the exports of Mongolia to Algeria have decreased at an annualized rate of 6.41%, from $49.9k in 2012 to $35.8k in 2017.

In 2017, Algeria exported $36.5k to Mongolia. The main products exported from Algeria to Mongolia were Tropical Fruits ($33.8k) and Dried Fruits ($2.68k). During the last 5 years the exports of Algeria to Mongolia have increased at an annualized rate of 66%, from $2.89k in 2022 to $36.5k in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Mongolia than Algeria included China ($10.6B), Switzerland ($1.98B), and Russia ($112M).

In 2022, countries that imported more from Algeria than Mongolia included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Mongolia - Algeria

Flow
Scale

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

During 2017, Mongolia had a large net trade with Algeria in the exports of .

During 2017, Algeria had a large net trade with Mongolia in the exports of Vegetable Products ($36.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Algeria+$3.22kIron Ore
Top Product Potential Algeria Mongolia+$22.3kTropical Fruits

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 Algeria. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Mongolia.

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

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