Sign In
Pricing

2022
Flag → Flag
Exports $37.3kRnk 73 / 113
2022
Flag → Flag
Top Product $16.2kKnit Men's Shirts
2022
Flag → Flag
Exports $4.42MRnk 107 / 185
2022
Flag → Flag
Top Product $2.16MVehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Mongolia-Chile Trade: In 2022, Mongolia exported $37.3k to Chile. The main products that Mongolia exported to Chile were Knit Men's Shirts ($16.2k), Knit Women's Shirts ($12.1k), and Knit Sweaters ($6.88k). Over the past 5 years the exports of Mongolia to Chile have increased at an annualized rate of 7.36%, from $26.1k in 2017 to $37.3k in 2022.

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

Chile-Mongolia Trade: In 2022, Chile exported $4.42M to Mongolia. The main products that Chile exported to Mongolia were Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($2.16M), Wine ($507k), and Excavation Machinery ($494k). Over the past 5 years the exports of Chile to Mongolia have increased at an annualized rate of 17%,  from $784k in 2017 to $4.42M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $37.3k to Chile. The main products exported from Mongolia to Chile were Knit Men's Shirts ($16.2k), Knit Women's Shirts ($12.1k), and Knit Sweaters ($6.88k). During the last 5 years the exports of Mongolia to Chile have increased at an annualized rate of 7.36%, from $26.1k in 2017 to $37.3k in 2022.

In 2017, Chile exported $4.42M to Mongolia. The main products exported from Chile to Mongolia were Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ($2.16M), Wine ($507k), and Excavation Machinery ($494k). During the last 5 years the exports of Chile to Mongolia have increased at an annualized rate of 17%, from $784k in 2022 to $4.42M in 2017.

Exports from Mongolia (Flag) to Chile (Flag) (2022)

Exports from Chile (Flag) to Mongolia (Flag) (2022)

Latest Data

Trade between Mongolia (Flag) and Chile (Flag)

Mongolia Exports

Chile Exports

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Mongolia than Chile included Switzerland ($1.98B), Singapore ($346M), and Iran ($7.39M).

In 2022, countries that imported more from Chile than Mongolia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

Difference in imports from Chile (Flag) and Mongolia (Flag) (2022)

Comparative Advantage Mongolia - Chile

Flow
Scale

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

During 2022, Mongolia had a large net trade with Chile in the exports of Textiles ($35.4k), Metals ($1.01k), and Mineral Products ($435).

During 2017, Chile had a large net trade with Mongolia in the exports of Transportation ($2.16M), Machines ($942k), and Vegetable Products ($676k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Chile+$72.8kKnit Sweaters
Top Product Potential Chile Mongolia+$289kWine

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Mongolia (Flag) and Chile (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms