2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$59.4BCURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP GROWTH
1.79%CURRENT US$
Rnk 163 / 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
$1,096CURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 155 / 186

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 $1.19M to Mongolia. The main products that Burma exported to Mongolia were Non-Knit Men's Coats ($237k), Non-Knit Women's Coats ($207k), and Rubber Footwear ($97.3k). Over the past 5 years the exports of Burma to Mongolia have increased at an annualized rate of 14.1%,  from $614k in 2015 to $1.19M in 2020.

In 2020, Burma 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, Burma ranked 102 in the Economic Complexity Index (ECI -0.84), and 72 in total exports ($26.9B).

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 2017, Burma exported $1.19M to Mongolia. The main products exported from Burma to Mongolia were Non-Knit Men's Coats ($237k), Non-Knit Women's Coats ($207k), and Rubber Footwear ($97.3k). During the last 5 years the exports of Burma to Mongolia have increased at an annualized rate of 14.1%, from $614k in 2022 to $1.19M in 2017.

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

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

Latest Data

Trade between Mongolia (Flag) and Burma (Flag)

Mongolia Exports

Date

Burma Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Burma
Top Destination
China$9.62B

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

In 2022, countries that imported more from Burma than Mongolia included Thailand ($3.48B), Germany ($1.68B), and Japan ($1.52B).

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

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 2017, Burma had a large net trade with Mongolia in the exports of Textiles ($783k), Footwear and Headwear ($285k), and Animal Hides ($79.7k).

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) (2022)

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