2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC 
$5,839CURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC
$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195

About

Mongolia-Brunei Trade: In 2023, Mongolia exported $10.8k to Brunei. The main products that Mongolia exported to Brunei were Crustaceans ($10.7k) and Non-Knit Women's Suits ($113). Over the past 5 years the exports of Mongolia to Brunei have increased at an annualized rate of 1.01%, from $10.3k in 2018 to $10.8k in 2023.

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

Brunei-Mongolia Trade: In 2023, Brunei exported $52 to Mongolia. The main products that Brunei exported to Mongolia were N/A. Over the past 5 years the exports of Brunei to Mongolia have increased at an annualized rate of 34.1%,  from $12 in 2018 to $52 in 2023.

In 2023, Brunei 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, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mongolia exported $10.8k to Brunei. The main products exported from Mongolia to Brunei were Crustaceans ($10.7k) and Non-Knit Women's Suits ($113). During the last 5 years the exports of Mongolia to Brunei have increased at an annualized rate of 1.01%, from $10.3k in 2018 to $10.8k in 2023.

In 2017, Brunei exported $52 to Mongolia. There were not main exports from Brunei to Mongolia in 2017. During the last 5 years the exports of Brunei to Mongolia have increased at an annualized rate of 34.1%, from $12 in 2022 to $52 in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Brunei (Flag)

Brunei Exports

Date

Market Competitiveness

Color
Mongolia
Top Destination
China$13.1B
Brunei
Top Destination
Australia$2.25B

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

In 2023, countries that imported more from Mongolia than Brunei included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

In 2023, countries that imported more from Brunei than Mongolia included Australia ($2.25B), Japan ($1.86B), and Singapore ($1.72B).

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

Comparative Advantage Mongolia - Brunei

Flow
Scale

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

During 2023, Mongolia had a large net trade with Brunei in the exports of Animal Products ($10.7k) and Textiles ($113).

During 2017, Brunei 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 Brunei. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Brunei. Similarly, a dot/product with the flag of Brunei indicates it has a comparative advantage over Mongolia.

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

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