2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 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
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186

About

Mongolia-Morocco Trade: In 2022, Mongolia exported $246k to Morocco. The main products that Mongolia exported to Morocco were Animal Organs ($236k), Knit Sweaters ($6.83k), and Used Clothing ($1.44k). Over the past 5 years the exports of Mongolia to Morocco have increased at an annualized rate of 36.8%, from $51.3k in 2017 to $246k in 2022.

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

Morocco-Mongolia Trade: In 2022, Morocco exported $1.86M to Mongolia. The main products that Morocco exported to Mongolia were Citrus ($1.22M), Leather Footwear ($146k), and Non-Knit Women's Suits ($132k). Over the past 5 years the exports of Morocco to Mongolia have increased at an annualized rate of 8.49%,  from $1.24M in 2017 to $1.86M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $246k to Morocco. The main products exported from Mongolia to Morocco were Animal Organs ($236k), Knit Sweaters ($6.83k), and Used Clothing ($1.44k). During the last 5 years the exports of Mongolia to Morocco have increased at an annualized rate of 36.8%, from $51.3k in 2017 to $246k in 2022.

In 2017, Morocco exported $1.86M to Mongolia. The main products exported from Morocco to Mongolia were Citrus ($1.22M), Leather Footwear ($146k), and Non-Knit Women's Suits ($132k). During the last 5 years the exports of Morocco to Mongolia have increased at an annualized rate of 8.49%, from $1.24M in 2022 to $1.86M in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Morocco (Flag)

Morocco Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Morocco
Top Destination
Spain$8.55B

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

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

In 2022, countries that imported more from Morocco than Mongolia included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Mongolia - Morocco

Flow
Scale

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

During 2022, Mongolia had a large net trade with Morocco in the exports of Animal Products ($236k) and Textiles ($9.97k).

During 2017, Morocco had a large net trade with Mongolia in the exports of Vegetable Products ($1.26M), Textiles ($385k), and Footwear and Headwear ($202k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Morocco+$88.6kAnimal Organs
Top Product Potential Morocco Mongolia+$201kNon-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.

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Economic Complexity

Competitive Landscape

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

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

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