2022
Flag  
GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH
36.8%CURRENT US$
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2022
Flag
 GDP
$237BCURRENT US$
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2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 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
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
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About

Mongolia-Qatar Trade: In 2022, Mongolia exported $2.84M to Qatar. The main products that Mongolia exported to Qatar were Other Animals ($2.84M) and Sheep and Goat Meat ($2.99k). Over the past 5 years the exports of Mongolia to Qatar have increased at an annualized rate of 62.2%, from $254k in 2017 to $2.84M in 2022.

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

Qatar-Mongolia Trade: In 2022, Qatar exported $104k to Mongolia. The main products that Qatar exported to Mongolia were Glaziers Putty ($9.82k), Glues ($8.55k), and Other Plastic Products ($8.11k). Over the past 5 years the exports of Qatar to Mongolia have decreased at an annualized rate of 7.07%,  from $271k in 2017 to $104k in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $2.84M to Qatar. The main products exported from Mongolia to Qatar were Other Animals ($2.84M) and Sheep and Goat Meat ($2.99k). During the last 5 years the exports of Mongolia to Qatar have increased at an annualized rate of 62.2%, from $254k in 2017 to $2.84M in 2022.

In 2017, Qatar exported $104k to Mongolia. The main products exported from Qatar to Mongolia were Glaziers Putty ($9.82k), Glues ($8.55k), and Other Plastic Products ($8.11k). During the last 5 years the exports of Qatar to Mongolia have decreased at an annualized rate of 7.07%, from $271k in 2022 to $104k in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Qatar
Top Destination
China$21.1B

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

In 2022, countries that imported more from Mongolia than Qatar included Switzerland ($1.98B), Russia ($112M), and Kazakhstan ($8.26M).

In 2022, countries that imported more from Qatar than Mongolia included India ($17.4B), Japan ($12B), and China ($21.1B).

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

Comparative Advantage Mongolia - Qatar

Flow
Scale

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

During 2022, Mongolia had a large net trade with Qatar in the exports of Animal Products ($2.84M).

During 2017, Qatar had a large net trade with Mongolia in the exports of Chemical Products ($36.5k), Machines ($25.3k), and Plastics and Rubbers ($11.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Qatar+$14.7kSheep and Goat Meat
Top Product Potential Qatar Mongolia+$18.3kRefined 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 Qatar. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Qatar. Similarly, a dot/product with the flag of Qatar indicates it has a comparative advantage over Mongolia.

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

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