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Flag → Flag
Exports $1.07MRnk 7 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186
2022
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GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

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

Oman-Mongolia Trade: In N/A, Oman exported $1.07M to Mongolia. The main products that Oman exported to Mongolia were N/A. Over the past N/A years the exports of Oman to Mongolia have increased at an annualized rate of 20%,  from $430k in N/A to $1.07M in N/A.

In N/A, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

Mongolia does not register exports to Oman.

In 2014, Oman exported $1.07M to Mongolia. There were not main exports from Oman to Mongolia in 2014. During the last 5 years the exports of Oman to Mongolia have increased at an annualized rate of 20%, from $430k in 2019 to $1.07M in 2014.

Exports from Mongolia (Flag) to Oman (Flag) (2021)

Exports from Oman (Flag) to Mongolia (Flag) (2021)

Latest Data

Trade between Mongolia (Flag) and Oman (Flag)

Mongolia Exports

Date

Market Competitiveness

Color
Mongolia
Top DestinationChina$10.6B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Mongolia than Oman included Switzerland ($1.98B), Russia ($112M), and Austria ($6.44M).

In 2022, countries that imported more from Oman than Mongolia included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Mongolia - Oman

Flow
Scale

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

During 2014, Oman had a large net trade with Mongolia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Oman+$3.97kGold
Top Product Potential Oman Mongolia+$4.43kRefined Petroleum

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

Product Space of Mongolia (Flag) and Oman (Flag) (2021)

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