Mongolia (MNG) and Cambodia (KHM) Trade | The Observatory of Economic Complexity

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Mongolia-Cambodia Trade: In 2022, Mongolia exported $959k to Cambodia. The main products that Mongolia exported to Cambodia were Rolled Tobacco ($954k) and Other Knit Clothing Accessories ($4.2k). Over the past 5 years the exports of Mongolia to Cambodia have decreased at an annualized rate of 1.42%, from $1.03M in 2017 to $959k in 2022.

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

Cambodia-Mongolia Trade: In 2022, Cambodia exported $1.44M to Mongolia. The main products that Cambodia exported to Mongolia were Leather Footwear ($244k), Rubber Footwear ($156k), and Textile Footwear ($113k). Over the past 5 years the exports of Cambodia to Mongolia have increased at an annualized rate of 4.14%, from $1.17M in 2017 to $1.44M in 2022.

In 2022, Cambodia 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, Cambodia ranked 92 in the Economic Complexity Index (ECI -0.6), and 69 in total exports ($35.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $959k to Cambodia. The main products exported from Mongolia to Cambodia were Rolled Tobacco ($954k) and Other Knit Clothing Accessories ($4.2k). During the last 5 years the exports of Mongolia to Cambodia have decreased at an annualized rate of 1.42%, from $1.03M in 2017 to $959k in 2022.

In 2017, Cambodia exported $1.44M to Mongolia. The main products exported from Cambodia to Mongolia were Leather Footwear ($244k), Rubber Footwear ($156k), and Textile Footwear ($113k). During the last 5 years the exports of Cambodia to Mongolia have increased at an annualized rate of 4.14%, from $1.17M in 2022 to $1.44M in 2017.

Exports from Mongolia () to Cambodia () (2022)

Exports from Cambodia () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Cambodia ()

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Cambodia
Top DestinationUnited States$13B

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

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

In 2022, countries that imported more from Cambodia than Mongolia included United States ($13B), Vietnam ($3.67B), and Germany ($2.41B).

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

Comparative Advantage Mongolia - Cambodia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Cambodia in the exports of Foodstuffs ($954k) and Textiles ($4.2k).

During 2017, Cambodia had a large net trade with Mongolia in the exports of Textiles ($744k), Footwear and Headwear ($560k), and Animal Hides ($93k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Cambodia+$9.05kOther Knit Clothing Accessories

Top Product Potential Cambodia Mongolia+$336kLeather Footwear

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

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Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Cambodia () (2022)

Exports from Cambodia () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Cambodia ()

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Mongolia - Cambodia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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