GDP$84.8BCURRENT US$Rnk 73 / 195 GDP GROWTH-35.9%CURRENT US$Rnk 193 / 195
GDP$20.3BCURRENT US$Rnk 120 / 195 GDP GROWTH61.5%CURRENT US$Rnk 51 / 195 GDP PC $2,308CURRENT US$Rnk 151 / 195GDP PC GROWTH-54.4%CURRENT US$Rnk 194 / 195GDP PC$5,839CURRENT US$Rnk 116 / 196GDP PC GROWTH34.5%CURRENT US$Rnk 70 / 195In 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 2023, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).
Angola does not register exports to Mongolia. The main products exported from Angola to Mongolia were Planes, Helicopters, and/or Spacecraft ($1.89M), Aircraft parts (gliders, balloons, and powered aircraft) ($49.3k), and Liquid Pumps ($4.79k).
) to Mongolia () (2023)) to Angola () (2023)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 2023, countries that imported more from Angola than Mongolia included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).
In 2023, countries that imported more from Mongolia than Angola included Switzerland ($842M), Japan ($31.4M), and Finland ($22.8M).
) and Angola () (2023)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 () (2023)
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