Cambodia (KHM) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Cambodia-Mongolia Trade: In 2023, Cambodia exported $176k to Mongolia. The main products that Cambodia exported to Mongolia were Leather Footwear ($85.7k), Hard Liquor ($50.1k), and Textile Footwear ($18.7k). Over the past 5 years the exports of Cambodia to Mongolia have decreased at an annualized rate of 33.1%, from $1.31M in 2018 to $176k in 2023.

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

Mongolia-Cambodia Trade: In 2023, Mongolia exported $38.2k to Cambodia. The main products that Mongolia exported to Cambodia were Packaged Medicaments ($23k), Pumice ($8.14k), and Video Displays ($3.1k). Over the past 5 years the exports of Mongolia to Cambodia have decreased at an annualized rate of 47.2%, from $929k in 2018 to $38.2k in 2023.

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

Comparison: In 2023, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cambodia exported $176k to Mongolia. The main products exported from Cambodia to Mongolia were Leather Footwear ($85.7k), Hard Liquor ($50.1k), and Textile Footwear ($18.7k). During the last 5 years the exports of Cambodia to Mongolia have decreased at an annualized rate of 4.58%, from $157M in 2018 to $176k in 2023.

In 2018, Mongolia exported $38.2k to Cambodia. The main products exported from Mongolia to Cambodia were Packaged Medicaments ($23k), Pumice ($8.14k), and Video Displays ($3.1k). During the last 5 years the exports of Mongolia to Cambodia have decreased at an annualized rate of 6.66%, from $260M in 2023 to $38.2k in 2018.

Exports from Cambodia () to Mongolia () (2023)

Exports from Mongolia () to Cambodia () (2023)

Latest Data

Trade between Cambodia () and Mongolia ()

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cambodia
Top DestinationUnited States$12.2B

Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Cambodia than Mongolia included United States ($12.2B), Germany ($2.1B), and Japan ($1.9B).

In 2023, countries that imported more from Mongolia than Cambodia included China ($13.1B), Switzerland ($842M), and Uzbekistan ($3.49M).

Difference in imports from Mongolia () and Cambodia () (2023)

Comparative Advantage Cambodia - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cambodia had a large net trade with Mongolia in the exports of Footwear and Headwear ($116k), Foodstuffs ($59.4k), and Textiles ($955).

During 2018, Mongolia had a large net trade with Cambodia in the exports of Chemical Products ($23k), Mineral Products ($8.14k), and Machines ($4.44k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cambodia Mongolia+$336kLeather Footwear

Top Product Potential Mongolia Cambodia+$9.05kOther Knit Clothing Accessories

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cambodia () to Mongolia () (2023)

Exports from Mongolia () to Cambodia () (2023)

Latest Data

Trade between Cambodia () and Mongolia ()

Mongolia Exports

Market Competitiveness

Difference in imports from Mongolia () and Cambodia () (2023)

Comparative Advantage Cambodia - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cambodia () and Mongolia () (2023)

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