2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

In N/A, Mongolia did not export any services to Cuba.

Cuba-Mongolia Trade: In N/A, Cuba exported $83.3k to Mongolia. The main products that Cuba exported to Mongolia were Rolled Tobacco ($82.1k) and Hard Liquor ($1.18k). Over the past N/A years the exports of Cuba to Mongolia have decreased at an annualized rate of 3.27%,  from $109k in N/A to $83.3k in N/A.

In N/A, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Mongolia does not register exports to Cuba.

In 2017, Cuba exported $83.3k to Mongolia. The main products exported from Cuba to Mongolia were Rolled Tobacco ($82.1k) and Hard Liquor ($1.18k). During the last 5 years the exports of Cuba to Mongolia have decreased at an annualized rate of 3.27%, from $109k in 2022 to $83.3k in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Cuba
Top Destination
China$426M

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

In 2022, countries that imported more from Mongolia than Cuba included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2022, countries that imported more from Cuba than Mongolia included Spain ($139M), Portugal ($43.3M), and Germany ($58.5M).

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

Comparative Advantage Mongolia - Cuba

Flow
Scale

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

During 2017, Cuba had a large net trade with Mongolia in the exports of Foodstuffs ($83.3k).

Economic Complexity

Competitive Landscape

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

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

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