2023
Flag  
GDP
$108BCURRENT US$
Rnk 67 / 195
2013-2023
Flag
GDP GROWTH
75.2%CURRENT US$
Rnk 34 / 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 
$1,952CURRENT US$
Rnk 160 / 195
2013-2023
Flag
GDP PC GROWTH
42.4%CURRENT US$
Rnk 57 / 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

Kenya-Mongolia Trade: In 2022, Kenya exported $137k to Mongolia. The main products that Kenya exported to Mongolia were N/A. Over the past 5 years the exports of Kenya to Mongolia have increased at an annualized rate of 15.9%, from $65.4k in 2017 to $137k in 2022.

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

Mongolia-Kenya Trade: In 2022, Mongolia exported $11 to Kenya. The main products that Mongolia exported to Kenya were Essential Oils ($6) and Knit Sweaters ($5). Over the past 5 years the exports of Mongolia to Kenya have decreased at an annualized rate of 84.7%,  from $132k in 2017 to $11 in 2022.

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

Comparison: In 2023,  Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B). 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, Kenya exported $137k to Mongolia. There were not main exports from Kenya to Mongolia in 2022. During the last 5 years the exports of Kenya to Mongolia have increased at an annualized rate of 15.9%, from $65.4k in 2017 to $137k in 2022.

In 2018, Mongolia exported $11 to Kenya. The main products exported from Mongolia to Kenya were Essential Oils ($6) and Knit Sweaters ($5). During the last 5 years the exports of Mongolia to Kenya have decreased at an annualized rate of 84.7%, from $132k in 2023 to $11 in 2018.

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

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

Latest Data

Trade between Kenya (Flag) and Mongolia (Flag)

Kenya Exports

Mongolia Exports

Date

Market Competitiveness

Color
Kenya
Top Destination
Uganda$893M
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Kenya than Mongolia included Uganda ($893M), United States ($838M), and United Arab Emirates ($716M).

In 2023, countries that imported more from Mongolia than Kenya included China ($13.1B), Switzerland ($842M), and Thailand ($67.1M).

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

Comparative Advantage Kenya - Mongolia

Flow
Scale

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

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

During 2018, Mongolia had a large net trade with Kenya in the exports of Chemical Products ($6) and Textiles ($5).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kenya Mongolia+$50.5kNon-Knit Women's Suits
Top Product Potential Mongolia Kenya+$3.68kCoal Briquettes

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

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

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