2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 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
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

Mongolia-Malta Trade: In 2023, Mongolia exported $1.32k to Malta. The main products that Mongolia exported to Malta were Used Clothing ($875), Brochures ($139), and Ornamental Ceramics ($110). Over the past 7 years the exports of Mongolia to Malta have decreased at an annualized rate of 7.71%, from $2.32k in 2016 to $1.32k in 2023.

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

Malta-Mongolia Trade: In 2023, Malta exported $3.58M to Mongolia. The main products that Malta exported to Mongolia were Documents of title (bonds etc) and unused stamps ($3.58M) and Broadcasting Equipment ($14). Over the past 7 years the exports of Malta to Mongolia have increased at an annualized rate of 129%,  from $24.8k in 2016 to $3.58M in 2023.

In 2023, Malta 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, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mongolia exported $1.32k to Malta. The main products exported from Mongolia to Malta were Used Clothing ($875), Brochures ($139), and Ornamental Ceramics ($110). During the last 7 years the exports of Mongolia to Malta have decreased at an annualized rate of 7.71%, from $2.32k in 2016 to $1.32k in 2023.

In 2018, Malta exported $3.58M to Mongolia. The main products exported from Malta to Mongolia were Documents of title (bonds etc) and unused stamps ($3.58M) and Broadcasting Equipment ($14). During the last 5 years the exports of Malta to Mongolia have increased at an annualized rate of 129%, from $24.8k in 2023 to $3.58M in 2018.

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

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

Latest Data

Trade between Mongolia (Flag) and Malta (Flag)

Malta Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$13.1B
Malta
Top Destination
Nigeria$2.26B

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

In 2023, countries that imported more from Malta than Mongolia included Nigeria ($2.26B), Germany ($849M), and Singapore ($372M).

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

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 2023, Mongolia had a large net trade with Malta in the exports of Textiles ($896), Paper Goods ($237), and Stone And Glass ($110).

During 2018, Malta had a large net trade with Mongolia in the exports of Paper Goods ($3.58M) and Machines ($14).

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) (2023)

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