2023
Flag  
GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 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 
$31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 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

Czechia-Mongolia Trade: In 2023, Czechia exported $21.3M to Mongolia. The main products that Czechia exported to Mongolia were Spring, Air, and Gas Guns ($2.39M), Detonating Fuses ($2.2M), and Toilet Paper ($1.83M). Over the past 5 years the exports of Czechia to Mongolia have increased at an annualized rate of 11.9%, from $12.1M in 2018 to $21.3M in 2023.

In 2023, Czechia did not export any services to Mongolia.

Mongolia-Czechia Trade: In 2023, Mongolia exported $1.37M to Czechia. The main products that Mongolia exported to Czechia were Animal Organs ($259k), Knit Sweaters ($206k), and Plastic Lids ($168k). Over the past 5 years the exports of Mongolia to Czechia have increased at an annualized rate of 7.24%,  from $966k in 2018 to $1.37M in 2023.

In 2023, Mongolia did not export any services to Czechia.

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Latest Data

Trade between Czechia (Flag) and Mongolia (Flag)

Czechia Exports

Mongolia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$64.2B
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Czechia than Mongolia included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Mongolia than Czechia included China ($13.1B).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Mongolia+$727kCars
Top Product Potential Mongolia Czechia+$750kGold

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.

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Economic Complexity

Competitive Landscape

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

Product Space of Czechia (Flag) and Mongolia (Flag) (NaN)

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