Mongolia (MNG) and Kyrgyzstan (KGZ) Trade | The Observatory of Economic Complexity

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Mongolia-Kyrgyzstan Trade: In 2022, Mongolia exported $2.34M to Kyrgyzstan. The main products that Mongolia exported to Kyrgyzstan were Cars ($1.85M), Insect Resins ($125k), and Horse Meat ($110k). Over the past 6 years the exports of Mongolia to Kyrgyzstan have increased at an annualized rate of 34%, from $404k in 2016 to $2.34M in 2022.

In 2022, Mongolia did not export any services to Kyrgyzstan.

Kyrgyzstan-Mongolia Trade: In 2022, Kyrgyzstan exported $2.98M to Mongolia. The main products that Kyrgyzstan exported to Mongolia were Refined Petroleum ($728k), Pasta ($368k), and Baked Goods ($357k). Over the past 6 years the exports of Kyrgyzstan to Mongolia have increased at an annualized rate of 4.35%, from $1.79M in 2016 to $2.98M in 2022.

In 2009, Kyrgyzstan exported services to Mongolia worth $0, with being the largest in terms of value.

Comparison: In 2022, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $2.34M to Kyrgyzstan. The main products exported from Mongolia to Kyrgyzstan were Cars ($1.85M), Insect Resins ($125k), and Horse Meat ($110k). During the last 6 years the exports of Mongolia to Kyrgyzstan have increased at an annualized rate of 34%, from $404k in 2016 to $2.34M in 2022.

In 2017, Kyrgyzstan exported $2.98M to Mongolia. The main products exported from Kyrgyzstan to Mongolia were Refined Petroleum ($728k), Pasta ($368k), and Baked Goods ($357k). During the last 5 years the exports of Kyrgyzstan to Mongolia have increased at an annualized rate of 4.35%, from $1.79M in 2022 to $2.98M in 2017.

Exports from Mongolia () to Kyrgyzstan () (2022)

Exports from Kyrgyzstan () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Kyrgyzstan ()

Mongolia Exports

Date

Kyrgyzstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Kyrgyzstan
Top DestinationRussia$1.07B

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

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

In 2022, countries that imported more from Kyrgyzstan than Mongolia included Russia ($1.07B), Kazakhstan ($445M), and Uzbekistan ($240M).

Difference in imports from Kyrgyzstan () and Mongolia () (2022)

Comparative Advantage Mongolia - Kyrgyzstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Kyrgyzstan in the exports of Transportation ($1.91M), Vegetable Products ($140k), and Animal Products ($127k).

During 2017, Kyrgyzstan had a large net trade with Mongolia in the exports of Foodstuffs ($977k), Mineral Products ($728k), and Vegetable Products ($572k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Kyrgyzstan+$21.3kOther Edible Preparations

Top Product Potential Kyrgyzstan Mongolia+$850kRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Kyrgyzstan () (2022)

Exports from Kyrgyzstan () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Kyrgyzstan ()

Mongolia Exports

Kyrgyzstan Exports

Market Competitiveness

Difference in imports from Kyrgyzstan () and Mongolia () (2022)

Comparative Advantage Mongolia - Kyrgyzstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Kyrgyzstan () (2022)

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