Saudi Arabia (SAU) and Mongolia (MNG) Trade | OEC - The Observatory of Economic Complexity

About

Saudi Arabia-Mongolia In 2021, Saudi Arabia exported $831k to Mongolia. The main products that Saudi Arabia exported to Mongolia are Raw Sugar ($803k), Zinc Powder ($26.7k), and Centrifuges ($627). During the last 26 years the exports of Saudi Arabia to Mongolia have increased at an annualized rate of 2.28%, from $463k in 1995 to $831k in 2021.

In 2021, Saudi Arabia did not export any services to Mongolia.

Mongolia-Saudi Arabia In 2021, Mongolia exported $867k to Saudi Arabia. The main products that Mongolia exported to Saudi Arabia were Other Animals ($816k), Other Rubber Products ($17.4k), and Broadcasting Equipment ($10.6k). During the last 26 years the exports of Mongolia to Saudi Arabia have increased at an annualized rate of 11.8%, from $47.2k in 1995 to $867k in 2021.

In 2021, Mongolia did not export any services to Saudi Arabia.

Comparison In 2021, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B). That same year, Mongolia ranked 117 in the Economic Complexity Index (ECI -1.23), and 95 in total exports ($10.5B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Saudi Arabia exported $831k to Mongolia. The main products exported from Saudi Arabia to Mongolia were Raw Sugar ($803k), Zinc Powder ($26.7k), and Centrifuges ($627). During the last 26 years the exports of Saudi Arabia to Mongolia have increased at an annualized rate of 2.28%, from $463k in 1995 to $831k in 2021.

In 2021, Mongolia exported $867k to Saudi Arabia. The main products exported from Mongolia to Saudi Arabia were Other Animals ($816k), Other Rubber Products ($17.4k), and Broadcasting Equipment ($10.6k). During the last 26 years the exports of Mongolia to Saudi Arabia have increased at an annualized rate of 11.8%, from $47.2k in 1995 to $867k in 2021.

Latest Data

Saudi Arabia Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

SectionYear

Saudi Arabia
Top Destination: China, $48.7B

Mongolia
Top Destination: China, $7.64B

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

In 2021, countries that imported more from Saudi Arabia than Mongolia were China ($48.7B), India ($25.6B), and Japan ($24.1B).

In 2021, countries that imported more from Mongolia than Saudi Arabia were Switzerland ($1.97B), Iran ($1.73M), and Kyrgyzstan ($240k).

Comparative Advantage Saudi Arabia - Mongolia

Flow

Scale

Year

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

During 2021, Saudi Arabia had a large net trade with Mongolia in the exports of Foodstuffs ($803k), Metals ($26.7k), and Machines ($674).

During 2021, Mongolia had a large net trade with Saudi Arabia in the exports of Animal Products ($816k), Plastics and Rubbers ($17.4k), and Textiles ($14.1k).

Economic Complexity

Competitive Landscape

Year

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 Saudi Arabia has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Saudi Arabia.

About

Historical Data

Bilateral Trade by Products

Latest Data

Saudi Arabia Exports

Mongolia Exports

Market Competitiveness

Comparative Advantage Saudi Arabia - Mongolia

Economic Complexity

Competitive Landscape

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