2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
 GDP
$48.8BCURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP GROWTH
68.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC 
$5,839CURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195
2023
Flag
GDP PC
$1,002CURRENT US$
Rnk 177 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 97 / 195

About

Mongolia-Uganda Trade: In 2021, Mongolia exported $29.4k to Uganda. The main products that Mongolia exported to Uganda were N/A. Over the past 14 years the exports of Mongolia to Uganda have increased at an annualized rate of 46.4%, from $141 in 2007 to $29.4k in 2021.

In 2021, Mongolia did not export any services to Uganda.

Uganda-Mongolia Trade: In 2021, Uganda exported $114 to Mongolia. The main products that Uganda exported to Mongolia were N/A. Over the past 14 years the exports of Uganda to Mongolia have decreased at an annualized rate of 33.7%,  from $892 in 2007 to $114 in 2021.

In 2021, Uganda 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, Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Mongolia exported $29.4k to Uganda. There were not main exports from Mongolia to Uganda in 2021. During the last 14 years the exports of Mongolia to Uganda have increased at an annualized rate of 46.4%, from $141 in 2007 to $29.4k in 2021.

In 2017, Uganda exported $114 to Mongolia. There were not main exports from Uganda to Mongolia in 2017. During the last 5 years the exports of Uganda to Mongolia have decreased at an annualized rate of 33.7%, from $892 in 2022 to $114 in 2017.

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

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

Market Competitiveness

Color
Mongolia
Top Destination
China$13.1B
Uganda
Top Destination
India$1.5B

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

In 2023, countries that imported more from Mongolia than Uganda included China ($13.1B), Switzerland ($842M), and Thailand ($67.1M).

In 2023, countries that imported more from Uganda than Mongolia included India ($1.5B), United Arab Emirates ($1.13B), and Hong Kong ($727M).

Difference in imports from Uganda (Flag) and Mongolia (Flag) (2023)

Comparative Advantage Mongolia - Uganda

Flow
Scale

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

During 2021, Mongolia had a large net trade with Uganda in the exports of .

During 2017, Uganda had a large net trade with Mongolia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mongolia Uganda+$2.22kCoal Briquettes
Top Product Potential Uganda Mongolia+$2.07kCoffee

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 Uganda. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Uganda. Similarly, a dot/product with the flag of Uganda indicates it has a comparative advantage over Mongolia.

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

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