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2023
Flag → Flag
Exports $364kRnk 170 / 205
2023
Flag → Flag
Exports $11.3kRnk 69 / 101
2023
Flag → Flag
Top Product $11.3kAnimal Hair
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.32Rnk 123 / 132
2023
Flag  
GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC $1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH34.5%CURRENT US$
Rnk 70 / 195

About

Pakistan-Mongolia Trade: In 2023, Pakistan exported $364k to Mongolia. The main products that Pakistan exported to Mongolia were N/A. Over the past 5 years the exports of Pakistan to Mongolia have decreased at an annualized rate of 28.3%, from $1.91M in 2018 to $364k in 2023.

In 2023, Pakistan did not export any services to Mongolia.

Mongolia-Pakistan Trade: In 2023, Mongolia exported $11.3k to Pakistan. The main products that Mongolia exported to Pakistan were Animal Hair ($11.3k). Over the past 5 years the exports of Mongolia to Pakistan have increased at an annualized rate of 61.8%,  from $1.02k in 2018 to $11.3k in 2023.

In 2023, Mongolia did not export any services to Pakistan.

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Latest Data

Trade between Pakistan (Flag) and Mongolia (Flag)

Pakistan Exports

Mongolia Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$5.18B
Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Pakistan than Mongolia included United States ($5.18B), United Arab Emirates ($3.7B), and Germany ($2.43B).

In 2023, countries that imported more from Mongolia than Pakistan included China ($13.1B), Switzerland ($842M), and India ($988k).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Pakistan Mongolia+$690kPackaged Medicaments
Top Product Potential Mongolia Pakistan+$7.45kCoal Briquettes

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

Product Space of Pakistan (Flag) and Mongolia (Flag) (NaN)

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