Mongolia (MNG) and Zambia (ZMB) Trade | The Observatory of Economic Complexity

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Mongolia-Zambia Trade: In 2023, Mongolia exported $12.8k to Zambia. The main products that Mongolia exported to Zambia were Motor vehicles; parts and accessories (8701 to 8705) ($12.8k). Over the past 6 years the exports of Mongolia to Zambia have decreased at an annualized rate of 20.3%, from $49.8k in 2017 to $12.8k in 2023.

In 2023, Mongolia did not export any services to Zambia.

Zambia-Mongolia In N/A, Zambia did not export any products to Mongolia.

In 2023, Zambia 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, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mongolia exported $12.8k to Zambia. The main products exported from Mongolia to Zambia were Motor vehicles; parts and accessories (8701 to 8705) ($12.8k). During the last 6 years the exports of Mongolia to Zambia have decreased at an annualized rate of 20.3%, from $49.8k in 2017 to $12.8k in 2023.

Zambia does not register exports to Mongolia.

Exports from Mongolia () to Zambia () (2023)

Exports from Zambia () to Mongolia () (2023)

Latest Data

Trade between Mongolia () and Zambia ()

Zambia Exports

Date

Sep 2020

Jun 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$13.1B

Zambia
Top DestinationSwitzerland$4.26B

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

In 2023, countries that imported more from Mongolia than Zambia included China ($13.1B), Italy ($87.7M), and Finland ($22.8M).

In 2023, countries that imported more from Zambia than Mongolia included Switzerland ($4.26B), India ($2.11B), and United Arab Emirates ($1.84B).

Difference in imports from Zambia () and Mongolia () (2023)

Comparative Advantage Mongolia - Zambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mongolia had a large net trade with Zambia in the exports of Transportation ($12.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Zambia+$22.7kExcavation Machinery

Top Product Potential Zambia Mongolia+$2.26kElectricity

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Zambia () (2023)

Exports from Zambia () to Mongolia () (2023)

Latest Data

Trade between Mongolia () and Zambia ()

Zambia Exports

Market Competitiveness

Difference in imports from Zambia () and Mongolia () (2023)

Comparative Advantage Mongolia - Zambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Zambia () (2023)

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