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
$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195

About

In N/A, Bhutan did not export any services to Mongolia.

Mongolia-Bhutan In N/A, Mongolia did not export any products to Bhutan.

In N/A, Mongolia did not export any services to Bhutan.

Comparison In 2023,  Bhutan ranked 170 in total exports ($456M), 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

Bhutan does not register exports to Mongolia.

Mongolia does not register exports to Bhutan.

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

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

Latest Data

Trade between Bhutan (Flag) and Mongolia (Flag)

Mongolia Exports

Date

Market Competitiveness

Color
Bhutan
Top Destination
India$421M
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Bhutan than Mongolia included India ($421M), Singapore ($1.75M), and Slovenia ($867k).

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

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

Comparative Advantage Bhutan - Mongolia

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Bhutan (Flag) and Mongolia (Flag) (2022)

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