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2022
Flag → Flag
Exports $52Rnk 115 / 121
2022
Flag → Flag
Top Product $37Knitted Hats
2022
Flag → Flag
Exports $1.12kRnk 102 / 113
2022
Flag → Flag
Top Product $604Excavation Machinery
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
 GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC $37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH-20.7%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

About

Brunei-Mongolia Trade: In 2022, Brunei exported $52 to Mongolia. The main products that Brunei exported to Mongolia were Knitted Hats ($37) and Pasta ($15). 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 $1.12k to Brunei. The main products that Mongolia exported to Brunei were Excavation Machinery ($604), Non-Knit Men's Suits ($157), and Non-Knit Women's Suits ($155). Over the past 8 years the exports of Mongolia to Brunei have increased at an annualized rate of 5.19%,  from $610 in 2014 to $1.12k in 2022.

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

Comparison In 2022,  Brunei ranked 90 in total exports ($14B), 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
Value

In 2022, Brunei exported $52 to Mongolia. The main products exported from Brunei to Mongolia were Knitted Hats ($37) and Pasta ($15). 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 2017, Mongolia exported $1.12k to Brunei. The main products exported from Mongolia to Brunei were Excavation Machinery ($604), Non-Knit Men's Suits ($157), and Non-Knit Women's Suits ($155). During the last 5 years the exports of Mongolia to Brunei have increased at an annualized rate of 5.19%, from $610 in 2022 to $1.12k in 2017.

Exports from Brunei (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Brunei (Flag) (2022)

Latest Data

Trade between Brunei (Flag) and Mongolia (Flag)

Brunei Exports

Date

Market Competitiveness

Color
Brunei
Top DestinationAustralia$2.66B
Mongolia
Top DestinationChina$10.6B

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 2022, countries that imported more from Brunei than Mongolia included Australia ($2.66B), Japan ($2.32B), and Singapore ($1.97B).

In 2022, countries that imported more from Mongolia than Brunei included China ($10.6B), Switzerland ($1.98B), and Russia ($112M).

Difference in imports from Mongolia (Flag) and Brunei (Flag) (2022)

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 Footwear and Headwear ($37) and Foodstuffs ($15).

During 2017, Mongolia had a large net trade with Brunei in the exports of Machines ($604), Textiles ($332), and Transportation ($122).

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) (2022)

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