Mongolia (MNG) and Austria (AUT) Trade | The Observatory of Economic Complexity

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Mongolia-Austria Trade: In 2022, Mongolia exported $6.44M to Austria. The main products that Mongolia exported to Austria were Tungsten Ore ($2.79M), Computers ($1.66M), and Animal Organs ($1.42M). Over the past 5 years the exports of Mongolia to Austria have increased at an annualized rate of 28.7%, from $1.82M in 2017 to $6.44M in 2022.

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

Austria-Mongolia Trade: In 2022, Austria exported $42.5M to Mongolia. The main products that Austria exported to Mongolia were Cars ($17.5M), Medical Instruments ($4.21M), and Packaged Medicaments ($1.35M). Over the past 5 years the exports of Austria to Mongolia have increased at an annualized rate of 25.4%, from $13.7M in 2017 to $42.5M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $6.44M to Austria. The main products exported from Mongolia to Austria were Tungsten Ore ($2.79M), Computers ($1.66M), and Animal Organs ($1.42M). During the last 5 years the exports of Mongolia to Austria have increased at an annualized rate of 28.7%, from $1.82M in 2017 to $6.44M in 2022.

In 2017, Austria exported $42.5M to Mongolia. The main products exported from Austria to Mongolia were Cars ($17.5M), Medical Instruments ($4.21M), and Packaged Medicaments ($1.35M). During the last 5 years the exports of Austria to Mongolia have increased at an annualized rate of 25.4%, from $13.7M in 2022 to $42.5M in 2017.

Exports from Mongolia () to Austria () (2022)

Exports from Austria () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Austria ()

Mongolia Exports

Date

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Mongolia than Austria included China ($10.6B).

In 2022, countries that imported more from Austria than Mongolia included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

Difference in imports from Austria () and Mongolia () (2022)

Comparative Advantage Mongolia - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Austria in the exports of Mineral Products ($2.79M), Machines ($1.78M), and Animal Products ($1.42M).

During 2017, Austria had a large net trade with Mongolia in the exports of Transportation ($18.4M), Instruments ($6.49M), and Machines ($6.27M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Austria () (2022)

Exports from Austria () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Austria ()

Mongolia Exports

Austria Exports

Market Competitiveness

Difference in imports from Austria () and Mongolia () (2022)

Comparative Advantage Mongolia - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Austria () (2022)

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