Mongolia (MNG) and Fiji (FJI) Trade | The Observatory of Economic Complexity

About

Mongolia-Fiji Trade: In 2022, Mongolia exported $20.4k to Fiji. The main products that Mongolia exported to Fiji were Stranded Iron Wire ($12.2k), Wine ($4.71k), and Glues ($3.48k). Over the past 5 years the exports of Mongolia to Fiji have increased at an annualized rate of 28.1%, from $5.91k in 2017 to $20.4k in 2022.

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

Fiji-Mongolia Trade: In 2022, Fiji exported $48.6k to Mongolia. The main products that Fiji exported to Mongolia were Non-Knit Men's Suits ($17.6k), Leather Apparel ($14.5k), and Non-Knit Active Wear ($8.85k). Over the past 5 years the exports of Fiji to Mongolia have decreased at an annualized rate of 10.7%, from $85.5k in 2017 to $48.6k in 2022.

In 2022, Fiji 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, Fiji ranked 155 in total exports ($1.3B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $20.4k to Fiji. The main products exported from Mongolia to Fiji were Stranded Iron Wire ($12.2k), Wine ($4.71k), and Glues ($3.48k). During the last 5 years the exports of Mongolia to Fiji have increased at an annualized rate of 28.1%, from $5.91k in 2017 to $20.4k in 2022.

In 2017, Fiji exported $48.6k to Mongolia. The main products exported from Fiji to Mongolia were Non-Knit Men's Suits ($17.6k), Leather Apparel ($14.5k), and Non-Knit Active Wear ($8.85k). During the last 5 years the exports of Fiji to Mongolia have decreased at an annualized rate of 10.7%, from $85.5k in 2022 to $48.6k in 2017.

Exports from Mongolia () to Fiji () (2022)

Exports from Fiji () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Fiji
Top DestinationUnited States$511M

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

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

In 2022, countries that imported more from Fiji than Mongolia included United States ($511M), Australia ($142M), and Tonga ($71M).

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

Comparative Advantage Mongolia - Fiji

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Fiji in the exports of Metals ($12.2k), Foodstuffs ($4.71k), and Chemical Products ($3.48k).

During 2017, Fiji had a large net trade with Mongolia in the exports of Textiles ($32.4k), Animal Hides ($14.5k), and Plastics and Rubbers ($1.14k).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Fiji () (2022)

Exports from Fiji () to Mongolia () (2022)

Market Competitiveness

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

Comparative Advantage Mongolia - Fiji

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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