Mongolia (MNG) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Mongolia-North Korea Trade: In 2020, Mongolia exported $130k to North Korea. The main products that Mongolia exported to North Korea were N/A. Over the past 5 years the exports of Mongolia to North Korea have decreased at an annualized rate of 28.4%, from $692k in 2015 to $130k in 2020.

In 2020, Mongolia did not export any services to North Korea.

North Korea-Mongolia Trade: In 2020, North Korea exported $19 to Mongolia. The main products that North Korea exported to Mongolia were N/A. Over the past 5 years the exports of North Korea to Mongolia have decreased at an annualized rate of 80.8%, from $383k in 2015 to $19 in 2020.

In 2020, North Korea did not export any services to Mongolia.

Comparison In 2023, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B). That same year, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Mongolia exported $130k to North Korea. There were not main exports from Mongolia to North Korea in 2020. During the last 5 years the exports of Mongolia to North Korea have decreased at an annualized rate of 28.4%, from $692k in 2015 to $130k in 2020.

In 2016, North Korea exported $19 to Mongolia. There were not main exports from North Korea to Mongolia in 2016. During the last 5 years the exports of North Korea to Mongolia have decreased at an annualized rate of 80.8%, from $383k in 2021 to $19 in 2016.

Exports from Mongolia () to North Korea () (2021)

Exports from North Korea () to Mongolia () (2021)

Latest Data

Trade between Mongolia () and North Korea ()

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$13.1B

North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Mongolia than North Korea included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

In 2023, countries that imported more from North Korea than Mongolia included Senegal ($10.3M), Angola ($10.2M), and Luxembourg ($6.8M).

Difference in imports from North Korea () and Mongolia () (2023)

Comparative Advantage Mongolia - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Mongolia had a large net trade with North Korea in the exports of .

During 2016, North Korea had a large net trade with Mongolia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to North Korea () (2021)

Exports from North Korea () to Mongolia () (2021)

Latest Data

Trade between Mongolia () and North Korea ()

Mongolia Exports

Market Competitiveness

Difference in imports from North Korea () and Mongolia () (2023)

Comparative Advantage Mongolia - North Korea

Economic Complexity

Competitive Landscape

Product Space of Mongolia () and North Korea () (2021)

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