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2023
Flag → Flag
Exports $3.73MRnk 144 / 211
2023
Flag → Flag
Top Product $862kAnimal Food
2023
Flag → Flag
Exports $102kRnk 47 / 101
2023
Flag → Flag
Top Product $34.2kPepper
2023
Flag
Economic Complexity (ECI) ECI 1.31Rnk 17 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.32Rnk 123 / 132
2023
Flag  
GDP$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH127%CURRENT US$
Rnk 7 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC $103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC$5,839CURRENT US$
Rnk 116 / 196
2013-2023
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GDP PC GROWTH34.5%CURRENT US$
Rnk 70 / 195

About

Ireland-Mongolia Trade: In 2023, Ireland exported $3.73M to Mongolia. The main products that Ireland exported to Mongolia were Animal Food ($862k), Broadcasting Equipment ($594k), and Scented Mixtures ($580k). Over the past 5 years the exports of Ireland to Mongolia have decreased at an annualized rate of 14.5%, from $8.17M in 2018 to $3.73M in 2023.

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

Mongolia-Ireland Trade: In 2023, Mongolia exported $102k to Ireland. The main products that Mongolia exported to Ireland were Pepper ($34.2k), Knit Sweaters ($30.7k), and Other Mineral ($6.42k). Over the past 5 years the exports of Mongolia to Ireland have decreased at an annualized rate of 35.4%,  from $911k in 2018 to $102k in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Mongolia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Mongolia were . In N/A the top imports of Ireland from Mongolia were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Mongolia was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Mongolia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Mongolia and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mongolia and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ireland exported $3.73M to Mongolia. The main products exported from Ireland to Mongolia were Animal Food ($862k), Broadcasting Equipment ($594k), and Scented Mixtures ($580k). During the last 5 years the exports of Ireland to Mongolia have decreased at an annualized rate of 14.5%, from $8.17M in 2018 to $3.73M in 2023.

In 2018, Mongolia exported $102k to Ireland. The main products exported from Mongolia to Ireland were Pepper ($34.2k), Knit Sweaters ($30.7k), and Other Mineral ($6.42k). During the last 5 years the exports of Mongolia to Ireland have decreased at an annualized rate of 35.4%, from $911k in 2023 to $102k in 2018.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$67.4B
Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Ireland than Mongolia included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

In 2023, no countries were registered that imported more from Mongolia than from Ireland.

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

Comparative Advantage Ireland - Mongolia

Flow
Scale

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

During 2023, Ireland had a large net trade with Mongolia in the exports of Foodstuffs ($1.2M), Chemical Products ($1.19M), and Machines ($757k).

During 2018, Mongolia had a large net trade with Ireland in the exports of Textiles ($51.6k), Vegetable Products ($34.4k), and Mineral Products ($6.87k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Mongolia+$1.8MPackaged Medicaments
Top Product Potential Mongolia Ireland+$54.9kKnit Sweaters

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

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

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