GDP$20.3BCURRENT US$Rnk 120 / 195 GDP GROWTH61.5%CURRENT US$Rnk 51 / 195
GDP$9.17BCURRENT US$Rnk 152 / 195 GDP GROWTH52.3%CURRENT US$Rnk 70 / 195 GDP PC $5,839CURRENT US$Rnk 116 / 195GDP PC GROWTH34.5%CURRENT US$Rnk 70 / 195GDP PC$986CURRENT US$Rnk 178 / 196GDP PC GROWTH19.3%CURRENT US$Rnk 105 / 195In N/A, Mongolia did not export any services to Togo.
Togo-Mongolia In false, Togo did not export any products to Mongolia.
In N/A, Togo did not export any services to Mongolia.
Comparison: In 2023, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B). That same year, Togo ranked 103 in the Economic Complexity Index (ECI -0.85), and 120 in total exports ($6.6B).
This map shows whether countries import more from Mongolia or Togo. Each country is colored based on the difference in imports they receive from Mongolia and Togo or the difference in the growth in imports.
In 2023, countries that imported more from Mongolia than Togo included China ($13.1B), Switzerland ($842M), and Thailand ($67.1M).
In 2023, countries that imported more from Togo than Mongolia included United Arab Emirates ($2.65B), India ($859M), and Angola ($856M).
) and Mongolia () (2023)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.
This visualization shows the product space at the HS4 level with the flags of Mongolia and Togo. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Togo. Similarly, a dot/product with the flag of Togo indicates it has a comparative advantage over Mongolia.
) and Togo () (2022)
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