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2023
Flag → Flag
Exports $64.5MRnk 133 / 224
2023
Flag → Flag
Top Product $11.9MExcavation Machinery
2023
Flag → Flag
Exports $2.64MRnk 21 / 101
2023
Flag → Flag
Top Product $1.42MAnimal Organs
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.32Rnk 123 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH34.5%CURRENT US$
Rnk 70 / 195

About

Netherlands-Mongolia Trade: In 2023, Netherlands exported $64.5M to Mongolia. The main products that Netherlands exported to Mongolia were Excavation Machinery ($11.9M), Other Edible Preparations ($9.19M), and Chocolate ($4.42M). Over the past 5 years the exports of Netherlands to Mongolia have increased at an annualized rate of 14.1%, from $33.4M in 2018 to $64.5M in 2023.

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

Mongolia-Netherlands Trade: In 2023, Mongolia exported $2.64M to Netherlands. The main products that Mongolia exported to Netherlands were Animal Organs ($1.42M), Rubber Footwear ($765k), and Prefabricated Buildings ($162k). Over the past 5 years the exports of Mongolia to Netherlands have increased at an annualized rate of 12.7%,  from $1.45M in 2018 to $2.64M in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Latest Trends

N/A

About

Overview In N/A, Netherlands exported €N/A and imported €N/A from Mongolia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Netherlands have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Netherlands to Mongolia were Civil engineering and contractors' plant and... (€2M). In N/A the top imports of Netherlands from Mongolia were .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Mongolia and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mongolia and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $64.5M to Mongolia. The main products exported from Netherlands to Mongolia were Excavation Machinery ($11.9M), Other Edible Preparations ($9.19M), and Chocolate ($4.42M). During the last 5 years the exports of Netherlands to Mongolia have increased at an annualized rate of 14.1%, from $33.4M in 2018 to $64.5M in 2023.

In 2018, Mongolia exported $2.64M to Netherlands. The main products exported from Mongolia to Netherlands were Animal Organs ($1.42M), Rubber Footwear ($765k), and Prefabricated Buildings ($162k). During the last 5 years the exports of Mongolia to Netherlands have increased at an annualized rate of 12.7%, from $1.45M in 2023 to $2.64M in 2018.

Exports from Netherlands (Flag) to Mongolia (Flag) (2023)

Exports from Mongolia (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Netherlands than Mongolia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, no countries were registered that imported more from Mongolia than from Netherlands.

Difference in imports from Mongolia (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Mongolia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Mongolia in the exports of Machines ($25.8M), Foodstuffs ($18.7M), and Transportation ($4.64M).

During 2018, Mongolia had a large net trade with Netherlands in the exports of Animal Products ($1.42M), Footwear and Headwear ($870k), and Miscellaneous ($163k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Mongolia+$1.64MPackaged Medicaments
Top Product Potential Mongolia Netherlands+$1.05MKnit Sweaters

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 Netherlands and Mongolia. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Mongolia (Flag) (2023)

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