2023
Flag  
GDP
$213BCURRENT US$
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2013-2023
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GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 120 / 195
2013-2023
Flag
GDP GROWTH
61.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC 
$80,196CURRENT US$
Rnk 10 / 195
2013-2023
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GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC
$5,839CURRENT US$
Rnk 116 / 196
2013-2023
Flag
GDP PC GROWTH
34.5%CURRENT US$
Rnk 70 / 195

About

Qatar-Mongolia Trade: In 2022, Qatar exported $107k to Mongolia. The main products that Qatar exported to Mongolia were N/A. Over the past 5 years the exports of Qatar to Mongolia have decreased at an annualized rate of 17%, from $273k in 2017 to $107k in 2022.

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

Mongolia-Qatar Trade: In 2022, Mongolia exported $2.84M to Qatar. The main products that Mongolia exported to Qatar were N/A. Over the past 5 years the exports of Mongolia to Qatar have increased at an annualized rate of 62.2%,  from $254k in 2017 to $2.84M in 2022.

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

Comparison: In 2023,  Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Qatar exported $107k to Mongolia. There were not main exports from Qatar to Mongolia in 2022. During the last 5 years the exports of Qatar to Mongolia have decreased at an annualized rate of 17%, from $273k in 2017 to $107k in 2022.

In 2017, Mongolia exported $2.84M to Qatar. There were not main exports from Mongolia to Qatar in 2017. During the last 5 years the exports of Mongolia to Qatar have increased at an annualized rate of 62.2%, from $254k in 2022 to $2.84M in 2017.

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

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

Latest Data

Trade between Qatar (Flag) and Mongolia (Flag)

Qatar Exports

Date

Mongolia Exports

Market Competitiveness

Color
Qatar
Top Destination
China$20.9B
Mongolia
Top Destination
China$13.1B

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

In 2023, countries that imported more from Qatar than Mongolia included India ($12.9B), South Korea ($12.1B), and Japan ($8.65B).

In 2023, countries that imported more from Mongolia than Qatar included Switzerland ($842M), Kazakhstan ($8.71M), and Kyrgyzstan ($2.12M).

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

Comparative Advantage Qatar - Mongolia

Flow
Scale

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

During 2022, Qatar had a large net trade with Mongolia in the exports of .

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Qatar Mongolia+$18.3kRefined Petroleum
Top Product Potential Mongolia Qatar+$14.7kSheep and Goat Meat

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

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

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