2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$47.5BCURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP GROWTH
50%CURRENT US$
Rnk 61 / 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
$4,205CURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 152 / 186

About

Mongolia-Jordan Trade: In 2018, Mongolia exported $3.71k to Jordan. The main products that Mongolia exported to Jordan were N/A. Over the past 11 years the exports of Mongolia to Jordan have decreased at an annualized rate of 35%, from $421k in 2007 to $3.71k in 2018.

In 2018, Mongolia did not export any services to Jordan.

Jordan-Mongolia Trade: In 2018, Jordan exported $682k to Mongolia. The main products that Jordan exported to Mongolia were Processed Tobacco ($228k), Packaged Medicaments ($146k), and Unpackaged Medicaments ($139k). Over the past 11 years the exports of Jordan to Mongolia have increased at an annualized rate of 22.2%,  from $251k in 2007 to $682k in 2018.

In 2018, Jordan 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, Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Mongolia exported $3.71k to Jordan. There were not main exports from Mongolia to Jordan in 2018. During the last 11 years the exports of Mongolia to Jordan have decreased at an annualized rate of 35%, from $421k in 2007 to $3.71k in 2018.

In 2017, Jordan exported $682k to Mongolia. The main products exported from Jordan to Mongolia were Processed Tobacco ($228k), Packaged Medicaments ($146k), and Unpackaged Medicaments ($139k). During the last 5 years the exports of Jordan to Mongolia have increased at an annualized rate of 22.2%, from $251k in 2022 to $682k in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Jordan (Flag)

Mongolia Exports

Date

Jordan Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Jordan
Top Destination
United States$3.28B

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

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

In 2022, countries that imported more from Jordan than Mongolia included United States ($3.28B), India ($2.31B), and Saudi Arabia ($1.22B).

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

Comparative Advantage Mongolia - Jordan

Flow
Scale

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

During 2018, Mongolia had a large net trade with Jordan in the exports of .

During 2017, Jordan had a large net trade with Mongolia in the exports of Chemical Products ($285k), Foodstuffs ($228k), and Transportation ($127k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Jordan+$4.48kGold
Top Product Potential Jordan Mongolia+$282kPackaged Medicaments

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

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

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