2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP
$66.8BCURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 154 / 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
$1,233CURRENT US$
Rnk 173 / 196
2013-2023
Flag
GDP PC GROWTH
2.84%CURRENT US$
Rnk 149 / 195

About

Mongolia-Burma Trade: In 2020, Mongolia exported $19.8k to Burma. The main products that Mongolia exported to Burma were N/A. Over the past 5 years the exports of Mongolia to Burma have decreased at an annualized rate of 3.96%, from $24.2k in 2015 to $19.8k in 2020.

In 2020, Mongolia did not export any services to Burma.

Burma-Mongolia Trade: In 2020, Burma exported $161k to Mongolia. The main products that Burma exported to Mongolia were Knit Sweaters ($66.7k), Knit Men's Suits ($37.7k), and Knit T-shirts ($34.5k). Over the past 5 years the exports of Burma to Mongolia have decreased at an annualized rate of 22.4%,  from $572k in 2015 to $161k in 2020.

In 2020, Burma 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, Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Mongolia exported $19.8k to Burma. There were not main exports from Mongolia to Burma in 2020. During the last 5 years the exports of Mongolia to Burma have decreased at an annualized rate of 3.96%, from $24.2k in 2015 to $19.8k in 2020.

In 2018, Burma exported $161k to Mongolia. The main products exported from Burma to Mongolia were Knit Sweaters ($66.7k), Knit Men's Suits ($37.7k), and Knit T-shirts ($34.5k). During the last 5 years the exports of Burma to Mongolia have decreased at an annualized rate of 22.4%, from $572k in 2023 to $161k in 2018.

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

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

Latest Data

Trade between Mongolia (Flag) and Burma (Flag)

Mongolia Exports

Date

Burma Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$13.1B
Burma
Top Destination
China$6.97B

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

In 2023, countries that imported more from Mongolia than Burma included China ($13.1B), Switzerland ($842M), and Nigeria ($4.67M).

In 2023, countries that imported more from Burma than Mongolia included Thailand ($3.44B), Japan ($1.61B), and Germany ($1.3B).

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

Comparative Advantage Mongolia - Burma

Flow
Scale

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

During 2020, Mongolia had a large net trade with Burma in the exports of .

During 2018, Burma had a large net trade with Mongolia in the exports of Textiles ($161k).

Economic Complexity

Competitive Landscape

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

Product Space of Mongolia (Flag) and Burma (Flag) (2023)

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