2022
Flag  
GDP
$59.4BCURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP GROWTH
1.79%CURRENT US$
Rnk 163 / 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 
$1,096CURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 155 / 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

Burma-Mongolia Trade: In 2022, Burma exported $1.19M to Mongolia. The main products that Burma exported to Mongolia were Non-Knit Men's Coats ($237k), Non-Knit Women's Coats ($207k), and Rubber Footwear ($97.3k). Over the past 5 years the exports of Burma to Mongolia have increased at an annualized rate of 14.1%, from $614k in 2017 to $1.19M in 2022.

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

Mongolia-Burma Trade: In 2022, Mongolia exported $19.8k to Burma. The main products that Mongolia exported to Burma were N/A. Over the past 5 years the exports of Mongolia to Burma have decreased at an annualized rate of 3.96%,  from $24.2k in 2017 to $19.8k in 2022.

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

Comparison: In 2022,  Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B). 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, Burma exported $1.19M to Mongolia. The main products exported from Burma to Mongolia were Non-Knit Men's Coats ($237k), Non-Knit Women's Coats ($207k), and Rubber Footwear ($97.3k). During the last 5 years the exports of Burma to Mongolia have increased at an annualized rate of 14.1%, from $614k in 2017 to $1.19M in 2022.

In 2015, Mongolia exported $19.8k to Burma. There were not main exports from Mongolia to Burma in 2015. During the last 5 years the exports of Mongolia to Burma have decreased at an annualized rate of 3.96%, from $24.2k in 2020 to $19.8k in 2015.

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

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

Latest Data

Trade between Burma (Flag) and Mongolia (Flag)

Burma Exports

Mongolia Exports

Date

Market Competitiveness

Color
Burma
Top Destination
China$9.62B
Mongolia
Top Destination
China$10.6B

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

In 2022, countries that imported more from Burma than Mongolia included Thailand ($3.48B), Germany ($1.68B), and Japan ($1.52B).

In 2022, countries that imported more from Mongolia than Burma included Switzerland ($1.98B), China ($10.6B), and Singapore ($346M).

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

Comparative Advantage Burma - Mongolia

Flow
Scale

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

During 2022, Burma had a large net trade with Mongolia in the exports of Textiles ($783k), Footwear and Headwear ($285k), and Animal Hides ($79.7k).

During 2015, Mongolia had a large net trade with Burma in the exports of .

Economic Complexity

Competitive Landscape

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

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

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