Mongolia (MNG) and British Indian Ocean Territory (IOT) Trade | The Observatory of Economic Complexity

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Mongolia (MNG) and British Indian Ocean Territory (IOT) Trade

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Exports $9.14MRnk 37 / 60

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About

In N/A, Mongolia did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Mongolia In N/A, British Indian Ocean Territory did not export any products to Mongolia.

In N/A, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 221 in total exports ($5.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Mongolia does not register exports to British Indian Ocean Territory.

British Indian Ocean Territory does not register exports to Mongolia. The main products exported from British Indian Ocean Territory to Mongolia were Iron Fasteners ($487) and Brochures ($2).

Exports from Mongolia () to British Indian Ocean Territory () (2022)

Exports from British Indian Ocean Territory () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

British Indian Ocean Territory
Top DestinationSingapore$4.42M

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

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

In 2022, countries that imported more from British Indian Ocean Territory than Mongolia included Colombia ($27.1k), South Africa ($47.9k), and Pakistan ($7.83k).

Difference in imports from British Indian Ocean Territory () and Mongolia () (2022)

Comparative Advantage Mongolia - British Indian Ocean Territory

Flow

Section

HS2

HS4

Scale

Log

Linear

This chart compares trade between Mongolia and British Indian Ocean Territory by product, considering products traded by both, Mongolia and British Indian Ocean Territory.

Economic Complexity

Competitive Landscape

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

Product Space of Mongolia () and British Indian Ocean Territory () (2022)

Keep Exploring

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British Indian Ocean Territory
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British Indian Ocean Territory

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