2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
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GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Mongolia-Hong Kong In 2022, Mongolia exported $12.8M to Hong Kong. The main products that Mongolia exported to Hong Kong are Coal Briquettes ($7.84M), Sheep and Goat Meat ($4.06M), and Animal Organs ($271k). During the last 27 years the exports of Mongolia to Hong Kong have increased at an annualized rate of 12.1%, from $585k in 1995 to $12.8M in 2022.

In 2022, Mongolia did not export any services to Hong Kong.

Hong Kong-Mongolia In 2022, Hong Kong exported $26.2M to Mongolia. The main products that Hong Kong exported to Mongolia were Flavored Water ($5.18M), Computers ($3.95M), and Hard Liquor ($3.65M). During the last 27 years the exports of Hong Kong to Mongolia have increased at an annualized rate of 3.69%, from $9.85M in 1995 to $26.2M in 2022.

In 2022, Hong Kong did not export any services to Mongolia.

Comparison In 2022,  Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B). That same year, Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $12.8M to Hong Kong. The main products exported from Mongolia to Hong Kong were Coal Briquettes ($7.84M), Sheep and Goat Meat ($4.06M), and Animal Organs ($271k). During the last 27 years the exports of Mongolia to Hong Kong have increased at an annualized rate of 12.1%, from $585k in 1995 to $12.8M in 2022.

In 2022, Hong Kong exported $26.2M to Mongolia. The main products exported from Hong Kong to Mongolia were Flavored Water ($5.18M), Computers ($3.95M), and Hard Liquor ($3.65M). During the last 27 years the exports of Hong Kong to Mongolia have increased at an annualized rate of 3.69%, from $9.85M in 1995 to $26.2M in 2022.

Exports from Mongolia (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Mongolia (Flag) (2022)

Latest Data

Trade between Mongolia (Flag) and Hong Kong (Flag)

Mongolia Exports

Hong Kong Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Hong Kong
Top Destination
China$23.4B

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

In 2019, no countries were registered that imported more from Mongolia than from Hong Kong.

In 2021, countries that imported more from Hong Kong than Mongolia were India ($14.3B), China ($23.4B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Mongolia (Flag) (2022)

Comparative Advantage Mongolia - Hong Kong

Flow
Scale

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

During 2022, Mongolia had a large net trade with Hong Kong in the exports of Mineral Products ($7.84M), Animal Products ($4.55M), and Textiles ($129k).

During 2022, Hong Kong had a large net trade with Mongolia in the exports of Machines ($13M), Foodstuffs ($9.28M), and Chemical Products ($1.21M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mongolia has comparative advantage over Hong Kong. Similarly, the more yellow a dot/product is, the more Hong Kong has comparative advantage over Mongolia.

Product Space of Mongolia (Flag) and Hong Kong (Flag) (2022)

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