Mongolia (MNG) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Mongolia-Ethiopia Trade: In 2022, Mongolia exported $1.6M to Ethiopia. The main products that Mongolia exported to Ethiopia were Planes, Helicopters, and/or Spacecraft ($1.6M). Over the past 12 years the exports of Mongolia to Ethiopia have increased at an annualized rate of 174%, from $9 in 2010 to $1.6M in 2022.

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

Ethiopia-Mongolia Trade: In 2022, Ethiopia exported $140k to Mongolia. The main products that Ethiopia exported to Mongolia were Coffee ($103k), Dried Legumes ($14k), and Knit Sweaters ($11.7k). Over the past 12 years the exports of Ethiopia to Mongolia have increased at an annualized rate of 36.5%, from $29.6k in 2010 to $140k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $1.6M to Ethiopia. The main products exported from Mongolia to Ethiopia were Planes, Helicopters, and/or Spacecraft ($1.6M). During the last 12 years the exports of Mongolia to Ethiopia have increased at an annualized rate of 174%, from $9 in 2010 to $1.6M in 2022.

In 2017, Ethiopia exported $140k to Mongolia. The main products exported from Ethiopia to Mongolia were Coffee ($103k), Dried Legumes ($14k), and Knit Sweaters ($11.7k). During the last 5 years the exports of Ethiopia to Mongolia have increased at an annualized rate of 36.5%, from $29.6k in 2022 to $140k in 2017.

Exports from Mongolia () to Ethiopia () (2022)

Exports from Ethiopia () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Mongolia than Ethiopia included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2022, countries that imported more from Ethiopia than Mongolia included United Arab Emirates ($723M), United States ($557M), and Saudi Arabia ($268M).

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

Comparative Advantage Mongolia - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Ethiopia in the exports of Transportation ($1.6M).

During 2017, Ethiopia had a large net trade with Mongolia in the exports of Vegetable Products ($119k) and Textiles ($21.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Ethiopia+$197kPlanes, Helicopters, and/or Spacecraft

Top Product Potential Ethiopia Mongolia+$156kCoffee

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Ethiopia () (2022)

Exports from Ethiopia () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Ethiopia ()

Mongolia Exports

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Mongolia - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Ethiopia () (2022)

Exports from Ethiopia () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Ethiopia ()

Mongolia Exports

Ethiopia Exports

Market Competitiveness

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

Comparative Advantage Mongolia - Ethiopia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

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