Mongolia-Turkey Trade: In 2022, Mongolia exported $2.17M to Turkey. The main products that Mongolia exported to Turkey were Tanned Goat Hides ($1.34M), Tanned Equine and Bovine Hides ($250k), and Other Nuts ($150k). Over the past 5 years the exports of Mongolia to Turkey have decreased at an annualized rate of 4.31%, from $2.71M in 2017 to $2.17M in 2022.
In 2022, Mongolia did not export any services to Turkey.
Turkey-Mongolia Trade: In 2022, Turkey exported $102M to Mongolia. The main products that Turkey exported to Mongolia were Jewellery ($13.5M), Electric Heaters ($9.33M), and Iron Radiators ($6.89M). Over the past 5 years the exports of Turkey to Mongolia have increased at an annualized rate of 26.8%, from $31.2M in 2017 to $102M in 2022.
In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).