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Pricing

2021
Flag → Flag
Exports $6.94kRnk 120 / 0
2021
Flag → Flag
Exports $136kRnk 152 / 180
2021
Flag → Flag
Top Product $49.6kNon-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 87 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$113BCURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 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$2,099CURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 24 / 186

About

Mongolia-Kenya Trade: In 2021, Mongolia exported $6.94k to Kenya. The main products that Mongolia exported to Kenya were N/A. Over the past 6 years the exports of Mongolia to Kenya have decreased at an annualized rate of 30.2%, from $60.1k in 2015 to $6.94k in 2021.

In 2021, Mongolia did not export any services to Kenya.

Kenya-Mongolia Trade: In 2021, Kenya exported $136k to Mongolia. The main products that Kenya exported to Mongolia were Non-Knit Women's Suits ($49.6k), Video and Card Games ($47.4k), and Non-Knit Active Wear ($15.1k). Over the past 6 years the exports of Kenya to Mongolia have increased at an annualized rate of 15.8%,  from $65.3k in 2015 to $136k in 2021.

In 2021, Kenya 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, Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Mongolia exported $6.94k to Kenya. There were not main exports from Mongolia to Kenya in 2021. During the last 6 years the exports of Mongolia to Kenya have decreased at an annualized rate of 30.2%, from $60.1k in 2015 to $6.94k in 2021.

In 2017, Kenya exported $136k to Mongolia. The main products exported from Kenya to Mongolia were Non-Knit Women's Suits ($49.6k), Video and Card Games ($47.4k), and Non-Knit Active Wear ($15.1k). During the last 5 years the exports of Kenya to Mongolia have increased at an annualized rate of 15.8%, from $65.3k in 2022 to $136k in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Kenya (Flag)

Mongolia Exports

Date

Kenya Exports

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Kenya
Top DestinationUnited States$722M

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

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

In 2022, countries that imported more from Kenya than Mongolia included United States ($722M), Uganda ($677M), and Pakistan ($541M).

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

Comparative Advantage Mongolia - Kenya

Flow
Scale

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

During 2021, Mongolia had a large net trade with Kenya in the exports of .

During 2017, Kenya had a large net trade with Mongolia in the exports of Textiles ($79.3k), Miscellaneous ($47.4k), and Vegetable Products ($8.95k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Kenya+$3.68kCoal Briquettes
Top Product Potential Kenya Mongolia+$50.5kNon-Knit Women's Suits

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.

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Economic Complexity

Competitive Landscape

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

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

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