Mongolia-Italy Trade: In 2022, Mongolia exported $80.8M to Italy. The main products that Mongolia exported to Italy were Animal Hair ($70.2M), Animal Organs ($3.69M), and Knit Sweaters ($1.72M). Over the past 5 years the exports of Mongolia to Italy have increased at an annualized rate of 2.29%, from $72.1M in 2017 to $80.8M in 2022.
In 2022, Mongolia did not export any services to Italy.
Italy-Mongolia Trade: In 2022, Italy exported $61.8M to Mongolia. The main products that Italy exported to Mongolia were Leather Footwear ($3.44M), Wine ($2.74M), and Other Furniture ($2.48M). Over the past 5 years the exports of Italy to Mongolia have increased at an annualized rate of 2.02%, from $55.9M in 2017 to $61.8M in 2022.
In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).