Mongolia-Nepal Trade: In 2022, Mongolia exported $334k to Nepal. The main products that Mongolia exported to Nepal were Prepared Wool or Animal Hair ($148k), Non-Retail Animal Hair Yarn ($77.8k), and Retail Wool or Animal Hair Yarn ($72.5k). Over the past 5 years the exports of Mongolia to Nepal have increased at an annualized rate of 44.9%, from $52.3k in 2017 to $334k in 2022.
In 2022, Mongolia did not export any services to Nepal.
Nepal-Mongolia Trade: In 2022, Nepal exported $30.2k to Mongolia. The main products that Nepal exported to Mongolia were Other Furniture ($12k), Jewellery ($3.58k), and Tufted Carpets ($3.11k). Over the past 5 years the exports of Nepal to Mongolia have increased at an annualized rate of 18.6%, from $12.9k in 2017 to $30.2k in 2022.
In 2022, Nepal 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, Nepal ranked 153 in total exports ($1.43B), and does not have data regarding Economic Complexity Index.