Bahamas (BHS) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

About

Bahamas-Mongolia Trade: In 2022, Bahamas exported $22 to Mongolia. The main products that Bahamas exported to Mongolia were Other Rubber Products ($14) and Cellulose Fibers Paper ($8). Over the past 5 years the exports of Bahamas to Mongolia have decreased at an annualized rate of 55.5%, from $1.26k in 2017 to $22 in 2022.

In 2022, Bahamas did not export any services to Mongolia.

Mongolia-Bahamas In false, Mongolia did not export any products to Bahamas.

In 2022, Mongolia did not export any services to Bahamas.

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $22 to Mongolia. The main products exported from Bahamas to Mongolia were Other Rubber Products ($14) and Cellulose Fibers Paper ($8). During the last 5 years the exports of Bahamas to Mongolia have decreased at an annualized rate of 55.5%, from $1.26k in 2017 to $22 in 2022.

Mongolia does not register exports to Bahamas.

Exports from Bahamas () to Mongolia () (2022)

Exports from Mongolia () to Bahamas () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Bahamas than Mongolia included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

In 2022, countries that imported more from Mongolia than Bahamas included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

Difference in imports from Mongolia () and Bahamas () (2022)

Comparative Advantage Bahamas - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bahamas had a large net trade with Mongolia in the exports of Plastics and Rubbers ($14) and Paper Goods ($8).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bahamas and Mongolia. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Bahamas.

About

Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Mongolia () (2022)

Exports from Mongolia () to Bahamas () (2022)

Market Competitiveness

Difference in imports from Mongolia () and Bahamas () (2022)

Comparative Advantage Bahamas - Mongolia

Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Mongolia () (2022)

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