Mongolia (MNG) and Macau (MAC) Trade | The Observatory of Economic Complexity

About

Mongolia-Macau Trade: In 2023, Mongolia exported $24.6k to Macau. The main products that Mongolia exported to Macau were Animal Food ($15.3k), Knit Sweaters ($8.41k), and Non-Knit Women's Suits ($834). Over the past 10 years the exports of Mongolia to Macau have increased at an annualized rate of 54.6%, from $315 in 2013 to $24.6k in 2023.

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

Macau-Mongolia Trade: In 2023, Macau exported $1.79k to Mongolia. The main products that Macau exported to Mongolia were N/A. Over the past 10 years the exports of Macau to Mongolia have decreased at an annualized rate of 44%, from $32.5k in 2013 to $1.79k in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mongolia exported $24.6k to Macau. The main products exported from Mongolia to Macau were Animal Food ($15.3k), Knit Sweaters ($8.41k), and Non-Knit Women's Suits ($834). During the last 10 years the exports of Mongolia to Macau have increased at an annualized rate of 54.6%, from $315 in 2013 to $24.6k in 2023.

In 2016, Macau exported $1.79k to Mongolia. There were not main exports from Macau to Mongolia in 2016. During the last 5 years the exports of Macau to Mongolia have decreased at an annualized rate of 44%, from $32.5k in 2021 to $1.79k in 2016.

Exports from Mongolia () to Macau () (2023)

Exports from Macau () to Mongolia () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$13.1B

Macau
Top DestinationHong Kong$1.4B

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

In 2023, countries that imported more from Mongolia than Macau included China ($13.1B), Switzerland ($842M), and Italy ($87.7M).

In 2023, countries that imported more from Macau than Mongolia included Hong Kong ($1.4B), United States ($107M), and Philippines ($61M).

Difference in imports from Macau () and Mongolia () (2023)

Comparative Advantage Mongolia - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mongolia had a large net trade with Macau in the exports of Foodstuffs ($15.3k) and Textiles ($9.24k).

During 2016, Macau had a large net trade with Mongolia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Macau () (2023)

Exports from Macau () to Mongolia () (2023)

Market Competitiveness

Difference in imports from Macau () and Mongolia () (2023)

Comparative Advantage Mongolia - Macau

Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Macau () (2023)

Keep Exploring