Namibia (NAM) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Namibia-Mongolia Trade: In 2022, Namibia exported $16.8k to Mongolia. The main products that Namibia exported to Mongolia were Fruit Juice ($12.4k), Grapes ($3.7k), and Breathing Appliances ($562). Over the past 5 years the exports of Namibia to Mongolia have decreased at an annualized rate of 33.3%, from $127k in 2017 to $16.8k in 2022.

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

Mongolia-Namibia In N/A, Mongolia did not export any products to Namibia.

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

Comparison: In 2022, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $16.8k to Mongolia. The main products exported from Namibia to Mongolia were Fruit Juice ($12.4k), Grapes ($3.7k), and Breathing Appliances ($562). During the last 5 years the exports of Namibia to Mongolia have decreased at an annualized rate of 33.3%, from $127k in 2017 to $16.8k in 2022.

Mongolia does not register exports to Namibia. The main products exported from Mongolia to Namibia were Felt or Coated Fabric Garments ($81).

Exports from Namibia () to Mongolia () (2022)

Exports from Mongolia () to Namibia () (2022)

Latest Data

Trade between Namibia () and Mongolia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Namibia than Mongolia included South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

In 2022, countries that imported more from Mongolia than Namibia included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

Difference in imports from Mongolia () and Namibia () (2022)

Comparative Advantage Namibia - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Mongolia in the exports of Foodstuffs ($12.4k), Vegetable Products ($3.7k), and Instruments ($562).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Namibia Mongolia+$9.31kGrapes

Top Product Potential Mongolia Namibia+$3.05kCopper Ore

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

Year

This visualization shows the product space at the HS4 level with the flags of Namibia and Mongolia. This means that a dot/product with the flag of Namibia indicates it has a comparative advantage over Mongolia. Similarly, a dot/product with the flag of Mongolia indicates it has a comparative advantage over Namibia.

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Mongolia () (2022)

Exports from Mongolia () to Namibia () (2022)

Latest Data

Trade between Namibia () and Mongolia ()

Namibia Exports

Market Competitiveness

Difference in imports from Mongolia () and Namibia () (2022)

Comparative Advantage Namibia - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Namibia () and Mongolia () (2022)

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