2022
Flag  
GDP
$16.8BCURRENT US$
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2012-2022
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GDP GROWTH
36.8%CURRENT US$
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2022
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 GDP
$20.7BCURRENT US$
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2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
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2022
Flag
GDP PC 
$4,947CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
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2022
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GDP PC
$1,267CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
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About

Mongolia-Zimbabwe In 2018, Mongolia exported $361 to Zimbabwe. The main products that Mongolia exported to Zimbabwe are N/A. During the last 20 years the exports of Mongolia to Zimbabwe have decreased at an annualized rate of 20.1%, from $31.8k in 1998 to $361 in 2018.

In 2018, Mongolia did not export any services to Zimbabwe.

Zimbabwe-Mongolia In 2018, Zimbabwe exported $63.3k to Mongolia. The main products that Zimbabwe exported to Mongolia were Leather of Other Animals ($55.7k), Citrus ($7.28k), and Valves ($157). During the last 20 years the exports of Zimbabwe to Mongolia have increased at an annualized rate of 16.4%, from $3.02k in 1998 to $63.3k in 2018.

In 2018, Zimbabwe did not export any services to Mongolia.

Comparison In 2022,  Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B). That same year, Zimbabwe ranked 101 in the Economic Complexity Index (ECI -0.91), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Mongolia exported $361 to Zimbabwe. There were not main exports from Mongolia to Zimbabwe in 2018. During the last 20 years the exports of Mongolia to Zimbabwe have decreased at an annualized rate of 20.1%, from $31.8k in 1998 to $361 in 2018.

In 2022, Zimbabwe exported $63.3k to Mongolia. The main products exported from Zimbabwe to Mongolia were Leather of Other Animals ($55.7k), Citrus ($7.28k), and Valves ($157). During the last 27 years the exports of Zimbabwe to Mongolia have increased at an annualized rate of 16.4%, from $3.02k in 1995 to $63.3k in 2022.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

In 2021, countries that imported more from Mongolia than Zimbabwe were China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2021, countries that imported more from Zimbabwe than Mongolia were United Arab Emirates ($4.78B), South Africa ($1.47B), and Belgium ($297M).

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

Comparative Advantage Mongolia - Zimbabwe

Flow
Scale

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

During 2018, Mongolia had a large net trade with Zimbabwe in the exports of .

During 2022, Zimbabwe had a large net trade with Mongolia in the exports of Animal Hides ($55.7k), Vegetable Products ($7.32k), and Machines ($253).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mongolia has comparative advantage over Zimbabwe. Similarly, the more yellow a dot/product is, the more Zimbabwe has comparative advantage over Mongolia.

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

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