2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195

About

Brunei-Mongolia Trade: In 2022, Brunei exported $52 to Mongolia. The main products that Brunei exported to Mongolia were N/A. Over the past 8 years the exports of Brunei to Mongolia have decreased at an annualized rate of 15.8%, from $205 in 2014 to $52 in 2022.

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

Mongolia-Brunei Trade: In 2022, Mongolia exported $10.8k to Brunei. The main products that Mongolia exported to Brunei were Crustaceans ($10.7k) and Non-Knit Women's Suits ($113). Over the past 8 years the exports of Mongolia to Brunei have increased at an annualized rate of 1.01%,  from $10.3k in 2014 to $10.8k in 2022.

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

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brunei exported $52 to Mongolia. There were not main exports from Brunei to Mongolia in 2022. During the last 8 years the exports of Brunei to Mongolia have decreased at an annualized rate of 15.8%, from $205 in 2014 to $52 in 2022.

In 2018, Mongolia exported $10.8k to Brunei. The main products exported from Mongolia to Brunei were Crustaceans ($10.7k) and Non-Knit Women's Suits ($113). During the last 5 years the exports of Mongolia to Brunei have increased at an annualized rate of 1.01%, from $10.3k in 2023 to $10.8k in 2018.

Exports from Brunei (Flag) to Mongolia (Flag) (2023)

Exports from Mongolia (Flag) to Brunei (Flag) (2023)

Latest Data

Trade between Brunei (Flag) and Mongolia (Flag)

Brunei Exports

Date

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Brunei than Mongolia included Australia ($2.25B), Japan ($1.86B), and Singapore ($1.72B).

In 2023, countries that imported more from Mongolia than Brunei included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

Difference in imports from Mongolia (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Mongolia

Flow
Scale

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

During 2022, Brunei had a large net trade with Mongolia in the exports of .

During 2018, Mongolia had a large net trade with Brunei in the exports of Animal Products ($10.7k) and Textiles ($113).

Economic Complexity

Competitive Landscape

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

Product Space of Brunei (Flag) and Mongolia (Flag) (2023)

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