2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$17.8BCURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP GROWTH
87.8%CURRENT US$
Rnk 22 / 186
2022
Flag
GDP PC 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186
2022
Flag
GDP PC
$33,941CURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP PC GROWTH
50.7%CURRENT US$
Rnk 34 / 186

About

Mongolia-Malta Trade: In 2022, Mongolia exported $623 to Malta. The main products that Mongolia exported to Malta were Knit Sweaters ($465) and Leather Footwear ($158). Over the past 7 years the exports of Mongolia to Malta have decreased at an annualized rate of 14.2%, from $1.82k in 2015 to $623 in 2022.

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

Malta-Mongolia Trade: In 2022, Malta exported $16.7k to Mongolia. The main products that Malta exported to Mongolia were Other toys ($8.46k), Other Rubber Products ($3.3k), and Chemical Analysis Instruments ($1.93k). Over the past 7 years the exports of Malta to Mongolia have decreased at an annualized rate of 5.58%,  from $22.3k in 2015 to $16.7k in 2022.

In 2022, Malta 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, Malta ranked 127 in total exports ($4.87B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $623 to Malta. The main products exported from Mongolia to Malta were Knit Sweaters ($465) and Leather Footwear ($158). During the last 7 years the exports of Mongolia to Malta have decreased at an annualized rate of 14.2%, from $1.82k in 2015 to $623 in 2022.

In 2017, Malta exported $16.7k to Mongolia. The main products exported from Malta to Mongolia were Other toys ($8.46k), Other Rubber Products ($3.3k), and Chemical Analysis Instruments ($1.93k). During the last 5 years the exports of Malta to Mongolia have decreased at an annualized rate of 5.58%, from $22.3k in 2022 to $16.7k in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Malta (Flag)

Malta Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Malta
Top Destination
Germany$576M

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

In 2022, countries that imported more from Mongolia than Malta included China ($10.6B), Switzerland ($1.98B), and South Korea ($259M).

In 2022, countries that imported more from Malta than Mongolia included Germany ($576M), France ($302M), and Italy ($316M).

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

Comparative Advantage Mongolia - Malta

Flow
Scale

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

During 2022, Mongolia had a large net trade with Malta in the exports of Textiles ($465) and Footwear and Headwear ($158).

During 2017, Malta had a large net trade with Mongolia in the exports of Miscellaneous ($8.46k), Plastics and Rubbers ($4.59k), and Instruments ($2.52k).

Economic Complexity

Competitive Landscape

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

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

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