2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP
$14BCURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP GROWTH
48.2%CURRENT US$
Rnk 68 / 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
$533CURRENT US$
Rnk 181 / 186
2012-2022
Flag
GDP PC GROWTH
1.52%CURRENT US$
Rnk 135 / 186

About

In N/A, Mongolia did not export any services to Niger.

Niger-Mongolia Trade: In N/A, Niger exported $80k to Mongolia. The main products that Niger exported to Mongolia were Liquid Pumps ($26.3k), Low-voltage Protection Equipment ($14.3k), and Other Rubber Products ($13.7k). Over the past N/A years the exports of Niger to Mongolia have increased at an annualized rate of 31.6%,  from $20.3k in N/A to $80k in N/A.

In N/A, Niger 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, Niger ranked 97 in the Economic Complexity Index (ECI -0.71), and 136 in total exports ($3.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

Mongolia does not register exports to Niger.

In 2017, Niger exported $80k to Mongolia. The main products exported from Niger to Mongolia were Liquid Pumps ($26.3k), Low-voltage Protection Equipment ($14.3k), and Other Rubber Products ($13.7k). During the last 5 years the exports of Niger to Mongolia have increased at an annualized rate of 31.6%, from $20.3k in 2022 to $80k in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Niger
Top Destination
United Arab Emirates$2.23B

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

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

In 2022, countries that imported more from Niger than Mongolia included United Arab Emirates ($2.23B), France ($291M), and Nigeria ($91.6M).

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

Comparative Advantage Mongolia - Niger

Flow
Scale

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

During 2017, Niger had a large net trade with Mongolia in the exports of Machines ($51.1k), Plastics and Rubbers ($14.2k), and Metals ($6.67k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Niger+$2.01kCoal Briquettes
Top Product Potential Niger Mongolia+$7.72kLiquid Pumps

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 Niger. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Niger. Similarly, a dot/product with the flag of Niger indicates it has a comparative advantage over Mongolia.

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

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