2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC 
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Mongolia-Palau Trade: In 2018, Mongolia exported $20 to Palau. The main products that Mongolia exported to Palau were N/A. Over the past 11 years the exports of Mongolia to Palau have decreased at an annualized rate of 9.64%, from $61 in 2007 to $20 in 2018.

In 2018, Mongolia did not export any services to Palau.

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

In 2018, Palau 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, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Mongolia exported $20 to Palau. There were not main exports from Mongolia to Palau in 2018. During the last 11 years the exports of Mongolia to Palau have decreased at an annualized rate of 9.64%, from $61 in 2007 to $20 in 2018.

Palau does not register exports to Mongolia.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Palau
Top Destination
Greece$2.11M

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

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

In 2022, countries that imported more from Palau than Mongolia included Greece ($2.11M), El Salvador ($60.2k), and Colombia ($61.5k).

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

Comparative Advantage Mongolia - Palau

Flow
Scale

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

During 2018, Mongolia had a large net trade with Palau in the exports of .

Economic Complexity

Competitive Landscape

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

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

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