Mongolia (MNG) and Botswana (BWA) Trade | The Observatory of Economic Complexity

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Mongolia-Botswana Trade: In 2018, Mongolia exported $224 to Botswana. The main products that Mongolia exported to Botswana were N/A. Over the past 15 years the exports of Mongolia to Botswana have decreased at an annualized rate of 22.5%, from $10.2k in 2003 to $224 in 2018.

In 2018, Mongolia did not export any services to Botswana.

Botswana-Mongolia Trade: In 2018, Botswana exported $375 to Mongolia. The main products that Botswana exported to Mongolia were N/A. Over the past 15 years the exports of Botswana to Mongolia have decreased at an annualized rate of 34.4%, from $3.1k in 2003 to $375 in 2018.

In 2018, Botswana 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, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Mongolia exported $224 to Botswana. There were not main exports from Mongolia to Botswana in 2018. During the last 15 years the exports of Mongolia to Botswana have decreased at an annualized rate of 22.5%, from $10.2k in 2003 to $224 in 2018.

In 2014, Botswana exported $375 to Mongolia. There were not main exports from Botswana to Mongolia in 2014. During the last 5 years the exports of Botswana to Mongolia have decreased at an annualized rate of 34.4%, from $3.1k in 2019 to $375 in 2014.

Exports from Mongolia () to Botswana () (2019)

Exports from Botswana () to Mongolia () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Botswana
Top DestinationUnited Arab Emirates$2.31B

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

In 2022, countries that imported more from Mongolia than Botswana included China ($10.6B), Switzerland ($1.98B), and South Korea ($259M).

In 2022, countries that imported more from Botswana than Mongolia included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Comparative Advantage Mongolia - Botswana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Mongolia had a large net trade with Botswana in the exports of .

During 2014, Botswana had a large net trade with Mongolia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Botswana+$1.18kCoal Briquettes

Top Product Potential Botswana Mongolia+$1.61kDelivery Trucks

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Botswana () (2019)

Exports from Botswana () to Mongolia () (2019)

Market Competitiveness

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

Comparative Advantage Mongolia - Botswana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Botswana () (2019)

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