2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP
$108BCURRENT US$
Rnk 67 / 195
2013-2023
Flag
GDP GROWTH
75.2%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC 
$5,839CURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC
$1,952CURRENT US$
Rnk 160 / 196
2013-2023
Flag
GDP PC GROWTH
42.4%CURRENT US$
Rnk 57 / 195

About

Mongolia-Kenya Trade: In 2023, Mongolia exported $11 to Kenya. The main products that Mongolia exported to Kenya were Essential Oils ($6) and Knit Sweaters ($5). Over the past 7 years the exports of Mongolia to Kenya have decreased at an annualized rate of 79.1%, from $642k in 2016 to $11 in 2023.

In 2023, Mongolia did not export any services to Kenya.

Kenya-Mongolia Trade: In 2023, Kenya exported $137k to Mongolia. The main products that Kenya exported to Mongolia were N/A. Over the past 7 years the exports of Kenya to Mongolia have increased at an annualized rate of 15.9%,  from $65.4k in 2016 to $137k in 2023.

In 2023, Kenya did not export any services to Mongolia.

Comparison: In 2023,  Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B). That same year, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mongolia exported $11 to Kenya. The main products exported from Mongolia to Kenya were Essential Oils ($6) and Knit Sweaters ($5). During the last 7 years the exports of Mongolia to Kenya have decreased at an annualized rate of 79.1%, from $642k in 2016 to $11 in 2023.

In 2017, Kenya exported $137k to Mongolia. There were not main exports from Kenya to Mongolia in 2017. During the last 5 years the exports of Kenya to Mongolia have increased at an annualized rate of 15.9%, from $65.4k in 2022 to $137k in 2017.

Exports from Mongolia (Flag) to Kenya (Flag) (2023)

Exports from Kenya (Flag) to Mongolia (Flag) (2023)

Latest Data

Trade between Mongolia (Flag) and Kenya (Flag)

Mongolia Exports

Date

Kenya Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$13.1B
Kenya
Top Destination
Uganda$893M

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 2023, countries that imported more from Mongolia than Kenya included China ($13.1B), Switzerland ($842M), and Thailand ($67.1M).

In 2023, countries that imported more from Kenya than Mongolia included Uganda ($893M), United States ($838M), and United Arab Emirates ($716M).

Difference in imports from Kenya (Flag) and Mongolia (Flag) (2023)

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 2023, Mongolia had a large net trade with Kenya in the exports of Chemical Products ($6) and Textiles ($5).

During 2017, Kenya had a large net trade with Mongolia in the exports of .

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

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