Mongolia-Iran Trade: In 2022, Mongolia exported $7.39M to Iran. The main products that Mongolia exported to Iran were Sheep and Goat Meat ($7.28M), Non-Retail Carded Wool Yarn ($99k), and Edible Offal ($10k). Over the past 5 years the exports of Mongolia to Iran have decreased at an annualized rate of 2.61%, from $8.44M in 2017 to $7.39M in 2022.
In 2022, Mongolia did not export any services to Iran.
Iran-Mongolia Trade: In 2022, Iran exported $1.29M to Mongolia. The main products that Iran exported to Mongolia were Tropical Fruits ($454k), Grapes ($201k), and Sodium or Potassium Peroxides ($117k). Over the past 5 years the exports of Iran to Mongolia have increased at an annualized rate of 19.9%, from $520k in 2017 to $1.29M in 2022.
In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).