2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$688BCURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP GROWTH
39%CURRENT US$
Rnk 85 / 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
$18,321CURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP PC GROWTH
40.8%CURRENT US$
Rnk 47 / 186

About

Mongolia-Poland Trade: In 2022, Mongolia exported $2.81M to Poland. The main products that Mongolia exported to Poland were Feldspar ($961k), Animal Organs ($500k), and Prefabricated Buildings ($297k). Over the past 5 years the exports of Mongolia to Poland have increased at an annualized rate of 38.5%, from $552k in 2017 to $2.81M in 2022.

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

Poland-Mongolia Trade: In 2022, Poland exported $98.3M to Mongolia. The main products that Poland exported to Mongolia were Apples and Pears ($12.3M), Pickled Foods ($6.1M), and Other Processed Fruits and Nuts ($4.64M). Over the past 5 years the exports of Poland to Mongolia have increased at an annualized rate of 7.12%,  from $52.9M in 2017 to $98.3M in 2022.

In 2022, Poland 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, Poland ranked 28 in the Economic Complexity Index (ECI 0.99), and 24 in total exports ($346B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $2.81M to Poland. The main products exported from Mongolia to Poland were Feldspar ($961k), Animal Organs ($500k), and Prefabricated Buildings ($297k). During the last 5 years the exports of Mongolia to Poland have increased at an annualized rate of 38.5%, from $552k in 2017 to $2.81M in 2022.

In 2017, Poland exported $98.3M to Mongolia. The main products exported from Poland to Mongolia were Apples and Pears ($12.3M), Pickled Foods ($6.1M), and Other Processed Fruits and Nuts ($4.64M). During the last 5 years the exports of Poland to Mongolia have increased at an annualized rate of 7.12%, from $52.9M in 2022 to $98.3M in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Poland (Flag)

Mongolia Exports

Poland Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Poland
Top Destination
Germany$93.1B

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

In 2022, countries that imported more from Mongolia than Poland included China ($10.6B).

In 2022, countries that imported more from Poland than Mongolia included Germany ($93.1B), Czechia ($22.4B), and France ($19.8B).

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

Comparative Advantage Mongolia - Poland

Flow
Scale

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

During 2022, Mongolia had a large net trade with Poland in the exports of Mineral Products ($961k), Animal Products ($502k), and Chemical Products ($390k).

During 2017, Poland had a large net trade with Mongolia in the exports of Foodstuffs ($33.9M), Vegetable Products ($14.2M), and Chemical Products ($11.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Poland+$345kFeldspar
Top Product Potential Poland Mongolia+$1.75MPackaged 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 Poland. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Poland. Similarly, a dot/product with the flag of Poland indicates it has a comparative advantage over Mongolia.

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

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