2022
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GDP
$16.8BCURRENT US$
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2012-2022
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GDP GROWTH
36.8%CURRENT US$
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 GDP
$1.11TCURRENT US$
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GDP GROWTH
49.4%CURRENT US$
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GDP PC 
$4,947CURRENT US$
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GDP PC GROWTH
12.4%CURRENT US$
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GDP PC
$30,436CURRENT US$
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GDP PC GROWTH
26.5%CURRENT US$
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About

Mongolia-Saudi Arabia In 2022, Mongolia exported $672k to Saudi Arabia. The main products that Mongolia exported to Saudi Arabia are Other Animals ($672k). During the last 27 years the exports of Mongolia to Saudi Arabia have increased at an annualized rate of 10.3%, from $47.6k in 1995 to $672k in 2022.

In 2022, Mongolia did not export any services to Saudi Arabia.

Saudi Arabia-Mongolia In 2022, Saudi Arabia exported $6.73M to Mongolia. The main products that Saudi Arabia exported to Mongolia were Raw Sugar ($6.63M), Confectionery Sugar ($38.1k), and Paper Containers ($35.2k). During the last 27 years the exports of Saudi Arabia to Mongolia have increased at an annualized rate of 10.4%, from $463k in 1995 to $6.73M in 2022.

In 2022, Saudi Arabia did not export any services to Mongolia.

Comparison In 2022,  Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B). That same year, Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Mongolia exported $672k to Saudi Arabia. The main products exported from Mongolia to Saudi Arabia were Other Animals ($672k). During the last 27 years the exports of Mongolia to Saudi Arabia have increased at an annualized rate of 10.3%, from $47.6k in 1995 to $672k in 2022.

In 2022, Saudi Arabia exported $6.73M to Mongolia. The main products exported from Saudi Arabia to Mongolia were Raw Sugar ($6.63M), Confectionery Sugar ($38.1k), and Paper Containers ($35.2k). During the last 27 years the exports of Saudi Arabia to Mongolia have increased at an annualized rate of 10.4%, from $463k in 1995 to $6.73M in 2022.

Exports from Mongolia (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Mongolia (Flag) (2022)

Latest Data

Trade between Mongolia (Flag) and Saudi Arabia (Flag)

Mongolia Exports

Saudi Arabia Exports

Market Competitiveness

Color
Mongolia
Top Destination
China$10.6B
Saudi Arabia
Top Destination
China$68B

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

In 2021, countries that imported more from Mongolia than Saudi Arabia were Switzerland ($1.98B), Russia ($112M), and Iran ($7.39M).

In 2021, countries that imported more from Saudi Arabia than Mongolia were China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Mongolia (Flag) (2022)

Comparative Advantage Mongolia - Saudi Arabia

Flow
Scale

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

During 2022, Mongolia had a large net trade with Saudi Arabia in the exports of Animal Products ($672k).

During 2022, Saudi Arabia had a large net trade with Mongolia in the exports of Foodstuffs ($6.67M), Paper Goods ($35.2k), and Vegetable Products ($16.4k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Mongolia has comparative advantage over Saudi Arabia. Similarly, the more yellow a dot/product is, the more Saudi Arabia has comparative advantage over Mongolia.

Product Space of Mongolia (Flag) and Saudi Arabia (Flag) (2022)

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