Mongolia-Vietnam Trade: In 2022, Mongolia exported $364k to Vietnam. The main products that Mongolia exported to Vietnam were Tungsten Ore ($305k) and Edible Offal ($59.3k). Over the past 5 years the exports of Mongolia to Vietnam have decreased at an annualized rate of 63.3%, from $54.9M in 2017 to $364k in 2022.
In 2022, Mongolia did not export any services to Vietnam.
Vietnam-Mongolia Trade: In 2022, Vietnam exported $81.9M to Mongolia. The main products that Vietnam exported to Mongolia were Broadcasting Equipment ($20.8M), Rice ($8.41M), and Iron Structures ($6.21M). Over the past 5 years the exports of Vietnam to Mongolia have increased at an annualized rate of 20.4%, from $32.3M in 2017 to $81.9M in 2022.
In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).