2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Mongolia-Lebanon Trade: In 2022, Mongolia exported $13.2k to Lebanon. The main products that Mongolia exported to Lebanon were Knit Sweaters ($5.59k), Non-Knit Active Wear ($3.01k), and Knit Women's Suits ($2.01k). Over the past 5 years the exports of Mongolia to Lebanon have decreased at an annualized rate of 40.1%, from $171k in 2017 to $13.2k in 2022.

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

Lebanon-Mongolia Trade: In 2022, Lebanon exported $171k to Mongolia. The main products that Lebanon exported to Mongolia were Other Processed Vegetables ($78.1k), Baked Goods ($61.4k), and Prepared Cereals ($18.3k). Over the past 5 years the exports of Lebanon to Mongolia have increased at an annualized rate of 108%,  from $4.38k in 2017 to $171k in 2022.

In 2022, Lebanon 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, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $13.2k to Lebanon. The main products exported from Mongolia to Lebanon were Knit Sweaters ($5.59k), Non-Knit Active Wear ($3.01k), and Knit Women's Suits ($2.01k). During the last 5 years the exports of Mongolia to Lebanon have decreased at an annualized rate of 40.1%, from $171k in 2017 to $13.2k in 2022.

In 2017, Lebanon exported $171k to Mongolia. The main products exported from Lebanon to Mongolia were Other Processed Vegetables ($78.1k), Baked Goods ($61.4k), and Prepared Cereals ($18.3k). During the last 5 years the exports of Lebanon to Mongolia have increased at an annualized rate of 108%, from $4.38k in 2022 to $171k in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Lebanon (Flag)

Mongolia Exports

Date

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Lebanon
Top Destination
United Arab Emirates$956M

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

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

In 2022, countries that imported more from Lebanon than Mongolia included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

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

Comparative Advantage Mongolia - Lebanon

Flow
Scale

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

During 2022, Mongolia had a large net trade with Lebanon in the exports of Textiles ($12.1k), Machines ($600), and Footwear and Headwear ($425).

During 2017, Lebanon had a large net trade with Mongolia in the exports of Foodstuffs ($169k), Paper Goods ($1.57k), and Animal Hides ($367).

Economic Complexity

Competitive Landscape

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

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

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