2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Chinese Taipei-Mongolia In 2022, Chinese Taipei exported $16.2M to Mongolia. The main products that Chinese Taipei exported to Mongolia are Other Plastic Products ($1.92M), Packaged Medicaments ($1.53M), and Awnings, Tents, and Sails ($1.51M). During the last 26 years the exports of Chinese Taipei to Mongolia have increased at an annualized rate of 18.8%, from $185k in 1996 to $16.2M in 2022.

In 2022, Chinese Taipei did not export any services to Mongolia.

Mongolia-Chinese Taipei In 2022, Mongolia exported $1.1M to Chinese Taipei. The main products that Mongolia exported to Chinese Taipei were Tug Boats ($559k), Other Pure Vegetable Oils ($113k), and Knit Sweaters ($81.4k). During the last 26 years the exports of Mongolia to Chinese Taipei have increased at an annualized rate of 5.54%, from $270k in 1996 to $1.1M in 2022.

In 2022, Mongolia did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 11 in total exports ($542B), and does not have data regarding Economic Complexity Index. That same year, Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $16.2M to Mongolia. The main products exported from Chinese Taipei to Mongolia were Other Plastic Products ($1.92M), Packaged Medicaments ($1.53M), and Awnings, Tents, and Sails ($1.51M). During the last 26 years the exports of Chinese Taipei to Mongolia have increased at an annualized rate of 18.8%, from $185k in 1996 to $16.2M in 2022.

In 2022, Mongolia exported $1.1M to Chinese Taipei. The main products exported from Mongolia to Chinese Taipei were Tug Boats ($559k), Other Pure Vegetable Oils ($113k), and Knit Sweaters ($81.4k). During the last 26 years the exports of Mongolia to Chinese Taipei have increased at an annualized rate of 5.54%, from $270k in 1996 to $1.1M in 2022.

Exports from Chinese Taipei (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Chinese Taipei (Flag) (2022)

Latest Data

Trade between Chinese Taipei (Flag) and Mongolia (Flag)

Mongolia Exports

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Chinese Taipei than Mongolia were China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2021, countries that imported more from Mongolia than Chinese Taipei were Switzerland ($1.98B).

Difference in imports from Mongolia (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Mongolia

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Mongolia in the exports of Machines ($5M), Plastics and Rubbers ($3.66M), and Chemical Products ($1.8M).

During 2022, Mongolia had a large net trade with Chinese Taipei in the exports of Transportation ($564k), Textiles ($320k), and Animal and Vegetable Bi-Products ($113k).

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

Product Space of Chinese Taipei (Flag) and Mongolia (Flag) (2022)

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