Mongolia (MNG) and Malawi (MWI) Trade | The Observatory of Economic Complexity

Mongolia-Malawi Trade: In 2021, Mongolia exported $2.87k to Malawi. The main products that Mongolia exported to Malawi were N/A. Over the past 12 years the exports of Mongolia to Malawi have increased at an annualized rate of 0.39%, from $2.74k in 2009 to $2.87k in 2021.

In 2021, Mongolia did not export any services to Malawi.

Malawi-Mongolia In N/A, Malawi did not export any products to Mongolia.

In 2021, Malawi 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, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Malawi
Top DestinationUnited Arab Emirates$255M

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

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

In 2022, countries that imported more from Malawi than Mongolia included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

Difference in imports from Malawi () and Mongolia () (2022)

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

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Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Malawi+$1.97kGold

Top Product Potential Malawi Mongolia+$1.28kRaw Sugar

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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Historical Data

Market Competitiveness

Difference in imports from Malawi () and Mongolia () (2022)

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Malawi () (NaN)

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