2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Iran-Mongolia In 2022, Iran exported $1.29M to Mongolia. The main products that Iran exported to Mongolia are Tropical Fruits ($454k), Grapes ($201k), and Sodium or Potassium Peroxides ($117k). During the last 18 years the exports of Iran to Mongolia have increased at an annualized rate of 28.6%, from $13.9k in 2004 to $1.29M in 2022.

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

Mongolia-Iran In 2022, Mongolia exported $7.39M to Iran. The main products that Mongolia exported to Iran were Sheep and Goat Meat ($7.28M), Non-Retail Carded Wool Yarn ($99k), and Edible Offal ($10k). During the last 18 years the exports of Mongolia to Iran have increased at an annualized rate of 28.2%, from $84.5k in 2004 to $7.39M in 2022.

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

Comparison In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $1.29M to Mongolia. The main products exported from Iran to Mongolia were Tropical Fruits ($454k), Grapes ($201k), and Sodium or Potassium Peroxides ($117k). During the last 18 years the exports of Iran to Mongolia have increased at an annualized rate of 28.6%, from $13.9k in 2004 to $1.29M in 2022.

In 2022, Mongolia exported $7.39M to Iran. The main products exported from Mongolia to Iran were Sheep and Goat Meat ($7.28M), Non-Retail Carded Wool Yarn ($99k), and Edible Offal ($10k). During the last 19 years the exports of Mongolia to Iran have increased at an annualized rate of 28.2%, from $84.5k in 2003 to $7.39M in 2022.

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

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

Latest Data

Trade between Iran (Flag) and Mongolia (Flag)

Mongolia Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Iran than Mongolia were Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

In 2021, countries that imported more from Mongolia than Iran were China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

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

Comparative Advantage Iran - Mongolia

Flow
Scale

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

During 2022, Iran had a large net trade with Mongolia in the exports of Vegetable Products ($902k), Foodstuffs ($167k), and Chemical Products ($125k).

During 2022, Mongolia had a large net trade with Iran in the exports of Animal Products ($7.29M) and Textiles ($99k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iran has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Iran.

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

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