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ExportsMongolia-Armenia Trade: In 2022, Mongolia exported $50.3k to Armenia. The main products that Mongolia exported to Armenia were Ball Bearings ($19.1k), Transmissions ($16k), and Engine Parts ($9.27k). Over the past 7 years the exports of Mongolia to Armenia have increased at an annualized rate of 175%, from $42 in 2015 to $50.3k in 2022.
In 2022, Mongolia did not export any services to Armenia.
Armenia-Mongolia Trade: In 2022, Armenia exported $962k to Mongolia. The main products that Armenia exported to Mongolia were Hard Liquor ($297k), Chocolate ($291k), and Rolled Tobacco ($134k). Over the past 7 years the exports of Armenia to Mongolia have increased at an annualized rate of 51.6%, from $120k in 2015 to $962k in 2022.
In 2022, Armenia did not export any services to Mongolia.
Comparison: In 2022, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).
