Mongolia-India Trade: In 2022, Mongolia exported $962k to India. The main products that Mongolia exported to India were Prepared Wool or Animal Hair ($533k), Wool ($334k), and Animal Hair ($62k). Over the past 5 years the exports of Mongolia to India have decreased at an annualized rate of 23.2%, from $3.6M in 2017 to $962k in 2022.
In 2022, Mongolia did not export any services to India.
India-Mongolia Trade: In 2022, India exported $71.3M to Mongolia. The main products that India exported to Mongolia were Raw Sugar ($14M), Broadcasting Equipment ($12.2M), and Packaged Medicaments ($8.79M). Over the past 5 years the exports of India to Mongolia have increased at an annualized rate of 7.22%, from $33.1M in 2017 to $71.3M in 2022.
In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).