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2023
Flag → Flag
Exports $20.4kRnk 62 / 101
2023
Flag → Flag
Top Product $5.37kBase Metal Watches
2023
Flag → Flag
Exports $2.38kRnk 111 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.32Rnk 123 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
GDP PC $5,839CURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP PC GROWTH34.5%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC$29,219CURRENT US$
Rnk 48 / 196
2013-2023
Flag
GDP PC GROWTH8.26%CURRENT US$
Rnk 140 / 195

About

Mongolia-Bahrain Trade: In 2023, Mongolia exported $20.4k to Bahrain. The main products that Mongolia exported to Bahrain were Base Metal Watches ($5.37k), Leather Footwear ($4.27k), and Knit Women's Suits ($3.67k). Over the past 5 years the exports of Mongolia to Bahrain have decreased at an annualized rate of 30.6%, from $127k in 2018 to $20.4k in 2023.

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

Bahrain-Mongolia Trade: In 2023, Bahrain exported $2.38k to Mongolia. The main products that Bahrain exported to Mongolia were N/A. Over the past 5 years the exports of Bahrain to Mongolia have increased at an annualized rate of 88.5%,  from $100 in 2018 to $2.38k in 2023.

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

Comparison In 2023,  Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32),  and 89 in total exports ($14.3B). That same year, Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mongolia exported $20.4k to Bahrain. The main products exported from Mongolia to Bahrain were Base Metal Watches ($5.37k), Leather Footwear ($4.27k), and Knit Women's Suits ($3.67k). During the last 5 years the exports of Mongolia to Bahrain have decreased at an annualized rate of 30.6%, from $127k in 2018 to $20.4k in 2023.

In 2017, Bahrain exported $2.38k to Mongolia. There were not main exports from Bahrain to Mongolia in 2017. During the last 5 years the exports of Bahrain to Mongolia have increased at an annualized rate of 88.5%, from $100 in 2022 to $2.38k in 2017.

Exports from Mongolia (Flag) to Bahrain (Flag) (2023)

Exports from Bahrain (Flag) to Mongolia (Flag) (2023)

Latest Data

Trade between Mongolia (Flag) and Bahrain (Flag)

Mongolia Exports

Date

Market Competitiveness

Color
Mongolia
Top DestinationChina$13.1B
Bahrain
Top DestinationUnited Arab Emirates$3.12B

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

In 2023, countries that imported more from Mongolia than Bahrain included China ($13.1B), Switzerland ($842M), and Finland ($22.8M).

In 2023, countries that imported more from Bahrain than Mongolia included United Arab Emirates ($3.12B), Saudi Arabia ($2.96B), and South Africa ($1.52B).

Difference in imports from Bahrain (Flag) and Mongolia (Flag) (2023)

Comparative Advantage Mongolia - Bahrain

Flow
Scale

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

During 2023, Mongolia had a large net trade with Bahrain in the exports of Textiles ($9.95k), Instruments ($5.37k), and Footwear and Headwear ($4.27k).

During 2017, Bahrain had a large net trade with Mongolia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Mongolia (Flag) and Bahrain (Flag) (2023)

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