Mongolia (MNG) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Mongolia-Netherlands Trade: In 2022, Mongolia exported $3.21M to Netherlands. The main products that Mongolia exported to Netherlands were Animal Organs ($1.23M), Knit Sweaters ($1.15M), and Prefabricated Buildings ($189k). Over the past 5 years the exports of Mongolia to Netherlands have increased at an annualized rate of 21.2%, from $1.22M in 2017 to $3.21M in 2022.

In 2022, Mongolia did not export any services to Netherlands.

Netherlands-Mongolia Trade: In 2022, Netherlands exported $42.8M to Mongolia. The main products that Netherlands exported to Mongolia were Other Edible Preparations ($4.49M), Chocolate ($3.93M), and Excavation Machinery ($3.53M). Over the past 5 years the exports of Netherlands to Mongolia have increased at an annualized rate of 11.1%, from $25.3M in 2017 to $42.8M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $3.21M to Netherlands. The main products exported from Mongolia to Netherlands were Animal Organs ($1.23M), Knit Sweaters ($1.15M), and Prefabricated Buildings ($189k). During the last 5 years the exports of Mongolia to Netherlands have increased at an annualized rate of 21.2%, from $1.22M in 2017 to $3.21M in 2022.

In 2017, Netherlands exported $42.8M to Mongolia. The main products exported from Netherlands to Mongolia were Other Edible Preparations ($4.49M), Chocolate ($3.93M), and Excavation Machinery ($3.53M). During the last 5 years the exports of Netherlands to Mongolia have increased at an annualized rate of 11.1%, from $25.3M in 2022 to $42.8M in 2017.

Exports from Mongolia () to Netherlands () (2022)

Exports from Netherlands () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Netherlands ()

Mongolia Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Netherlands
Top DestinationGermany$131B

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

In 2022, no countries were registered that imported more from Mongolia than from Netherlands.

In 2022, countries that imported more from Netherlands than Mongolia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Mongolia - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Netherlands in the exports of Textiles ($1.44M), Animal Products ($1.23M), and Miscellaneous ($191k).

During 2017, Netherlands had a large net trade with Mongolia in the exports of Foodstuffs ($16.3M), Machines ($10.9M), and Chemical Products ($3.31M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Netherlands+$1.05MKnit Sweaters

Top Product Potential Netherlands Mongolia+$1.64MPackaged Medicaments

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Netherlands () (2022)

Exports from Netherlands () to Mongolia () (2022)

Latest Data

Trade between Mongolia () and Netherlands ()

Mongolia Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Mongolia - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Netherlands () (2022)

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