Mongolia / Bulgaria | The Observatory of Economic Complexity

2023

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Exports $22.9kRnk 61 / 101

2023

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Exports $3.65MRnk 112 / 200

About

Mongolia-Bulgaria Trade: In 2023, Mongolia exported $22.9k to Bulgaria. The main products that Mongolia exported to Bulgaria were N/A. Over the past 5 years the exports of Mongolia to Bulgaria have decreased at an annualized rate of 33.4%, from $175k in 2018 to $22.9k in 2023.

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

Bulgaria-Mongolia Trade: In 2023, Bulgaria exported $3.65M to Mongolia. The main products that Bulgaria exported to Mongolia were N/A. Over the past 5 years the exports of Bulgaria to Mongolia have increased at an annualized rate of 5.03%, from $2.85M in 2018 to $3.65M in 2023.

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

Comparison In N/A, Mongolia ranked 89 in total exports ($14.3B). That same year, Bulgaria ranked 59 in total exports ($50.6B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Latest Data

Mongolia Exports

Date

Bulgaria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$13.1B

Bulgaria
Top DestinationGermany$6.84B

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

In undefined, countries that imported more from Mongolia than Bulgaria included China ($13.1B) and Switzerland ($842M).

In undefined, countries that imported more from Bulgaria than Mongolia included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

Economic Complexity

Competitive Landscape

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