2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 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 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 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

Algeria-Mongolia Trade: In 2022, Algeria exported $39.2k to Mongolia. The main products that Algeria exported to Mongolia were N/A. Over the past 5 years the exports of Algeria to Mongolia have increased at an annualized rate of 68.2%, from $2.91k in 2017 to $39.2k in 2022.

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

Mongolia-Algeria Trade: In 2022, Mongolia exported $35.8k to Algeria. The main products that Mongolia exported to Algeria were N/A. Over the past 5 years the exports of Mongolia to Algeria have decreased at an annualized rate of 6.41%,  from $49.9k in 2017 to $35.8k in 2022.

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

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). 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, Algeria exported $39.2k to Mongolia. There were not main exports from Algeria to Mongolia in 2022. During the last 5 years the exports of Algeria to Mongolia have increased at an annualized rate of 68.2%, from $2.91k in 2017 to $39.2k in 2022.

In 2012, Mongolia exported $35.8k to Algeria. There were not main exports from Mongolia to Algeria in 2012. During the last 5 years the exports of Mongolia to Algeria have decreased at an annualized rate of 6.41%, from $49.9k in 2017 to $35.8k in 2012.

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

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

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Algeria than Mongolia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

In 2023, countries that imported more from Mongolia than Algeria included China ($13.1B), Switzerland ($842M), and Kazakhstan ($8.71M).

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

Comparative Advantage Algeria - Mongolia

Flow
Scale

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

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

During 2012, Mongolia had a large net trade with Algeria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Mongolia+$22.3kTropical Fruits
Top Product Potential Mongolia Algeria+$3.22kIron Ore

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 Algeria and Mongolia. This means that a dot/product with the flag of Algeria indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Algeria.

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

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