Sign In
Pricing

2022
Flag → Flag
Exports $6.11kRnk 93 / 113
2022
Flag → Flag
Top Product $5.41kPetroleum Jelly
2022
Flag → Flag
Exports $2.17MRnk 124 / 194
2022
Flag → Flag
Top Product $1.25MTea
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Mongolia-Sri Lanka Trade: In 2022, Mongolia exported $6.11k to Sri Lanka. The main products that Mongolia exported to Sri Lanka were Petroleum Jelly ($5.41k), Computers ($496), and Office Machine Parts ($122). Over the past 5 years the exports of Mongolia to Sri Lanka have decreased at an annualized rate of 75.8%, from $7.33M in 2017 to $6.11k in 2022.

In 2022, Mongolia did not export any services to Sri Lanka.

Sri Lanka-Mongolia Trade: In 2022, Sri Lanka exported $2.17M to Mongolia. The main products that Sri Lanka exported to Mongolia were Tea ($1.25M), Coffee and Tea Extracts ($290k), and Porcelain Tableware ($161k). Over the past 5 years the exports of Sri Lanka to Mongolia have increased at an annualized rate of 4.69%,  from $1.73M in 2017 to $2.17M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $6.11k to Sri Lanka. The main products exported from Mongolia to Sri Lanka were Petroleum Jelly ($5.41k), Computers ($496), and Office Machine Parts ($122). During the last 5 years the exports of Mongolia to Sri Lanka have decreased at an annualized rate of 75.8%, from $7.33M in 2017 to $6.11k in 2022.

In 2017, Sri Lanka exported $2.17M to Mongolia. The main products exported from Sri Lanka to Mongolia were Tea ($1.25M), Coffee and Tea Extracts ($290k), and Porcelain Tableware ($161k). During the last 5 years the exports of Sri Lanka to Mongolia have increased at an annualized rate of 4.69%, from $1.73M in 2022 to $2.17M in 2017.

Exports from Mongolia (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Mongolia (Flag) (2022)

Latest Data

Trade between Mongolia (Flag) and Sri Lanka (Flag)

Mongolia Exports

Date

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Sri Lanka
Top DestinationUnited States$3.52B

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

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

In 2022, countries that imported more from Sri Lanka than Mongolia included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Mongolia (Flag) (2022)

Comparative Advantage Mongolia - Sri Lanka

Flow
Scale

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

During 2022, Mongolia had a large net trade with Sri Lanka in the exports of Mineral Products ($5.41k), Machines ($618), and Textiles ($84).

During 2017, Sri Lanka had a large net trade with Mongolia in the exports of Vegetable Products ($1.26M), Foodstuffs ($307k), and Textiles ($290k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Sri Lanka+$4.4kCoal Briquettes
Top Product Potential Sri Lanka Mongolia+$74kNon-Knit Women's Suits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Mongolia and Sri Lanka. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Sri Lanka. Similarly, a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Mongolia.

Product Space of Mongolia (Flag) and Sri Lanka (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms