GDP$107BCURRENT US$Rnk 67 / 186 GDP GROWTH-14.6%CURRENT US$Rnk 177 / 186
GDP$16.8BCURRENT US$Rnk 126 / 186 GDP GROWTH36.8%CURRENT US$Rnk 90 / 186 GDP PC $2,999CURRENT US$Rnk 135 / 186GDP PC GROWTH-39.6%CURRENT US$Rnk 182 / 186GDP PC$4,947CURRENT US$Rnk 112 / 186GDP PC GROWTH12.4%CURRENT US$Rnk 107 / 186In N/A, Angola did not export any services to Mongolia.
Mongolia-Angola In N/A, Mongolia did not export any products to Angola.
In N/A, Mongolia did not export any services to Angola.
Comparison: In 2022, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).
Angola does not register exports to Mongolia. The main products exported from Angola to Mongolia were Non-Retail Animal Hair Yarn ($7.62k).
Mongolia does not register exports to Angola. The main products exported from Mongolia to Angola were Used Rubber Tires ($531), House Linens ($154), and Iron Fasteners ($8).
) to Mongolia () (2022)) to Angola () (2022)This map shows whether countries import more from Angola or Mongolia. Each country is colored based on the difference in imports they receive from Angola and Mongolia or the difference in the growth in imports.
In 2022, countries that imported more from Angola than Mongolia included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).
In 2022, countries that imported more from Mongolia than Angola included Switzerland ($1.98B), South Korea ($259M), and Russia ($112M).
) and Angola () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Angola and Mongolia. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Angola.
) and Mongolia () (2022)
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