Mongolia / Vietnam

Mongolia-Vietnam Trade: In 2022, Mongolia exported $54.9M to Vietnam. The main products that Mongolia exported to Vietnam were Tungsten Ore ($305k) and Edible Offal ($59.3k). Over the past 5 years the exports of Mongolia to Vietnam have increased at an annualized rate of 358%, from $27.3k in 2017 to $54.9M in 2022.

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

Vietnam-Mongolia Trade: In 2022, Vietnam exported $32.3M to Mongolia. The main products that Vietnam exported to Mongolia were Broadcasting Equipment ($20.8M), Rice ($8.41M), and Iron Structures ($6.21M). Over the past 5 years the exports of Vietnam to Mongolia have increased at an annualized rate of 66.3%,  from $2.54M in 2017 to $32.3M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).