Thailand (THA) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Thailand-Mongolia In 2022, Thailand exported $39.9M to Mongolia. The main products that Thailand exported to Mongolia are Uncoated Paper ($4.86M), Raw Sugar ($4.84M), and Delivery Trucks ($3.42M). During the last 27 years the exports of Thailand to Mongolia have increased at an annualized rate of 10.6%, from $2.64M in 1995 to $39.9M in 2022.

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

Mongolia-Thailand In 2022, Mongolia exported $33.6M to Thailand. The main products that Mongolia exported to Thailand were Molybdenum Ore ($32.6M), Liquid Dispersing Machines ($365k), and Aircraft Parts ($302k). During the last 27 years the exports of Mongolia to Thailand have increased at an annualized rate of 39.9%, from $3.89k in 1995 to $33.6M in 2022.

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

Comparison In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $39.9M to Mongolia. The main products exported from Thailand to Mongolia were Uncoated Paper ($4.86M), Raw Sugar ($4.84M), and Delivery Trucks ($3.42M). During the last 27 years the exports of Thailand to Mongolia have increased at an annualized rate of 10.6%, from $2.64M in 1995 to $39.9M in 2022.

In 2022, Mongolia exported $33.6M to Thailand. The main products exported from Mongolia to Thailand were Molybdenum Ore ($32.6M), Liquid Dispersing Machines ($365k), and Aircraft Parts ($302k). During the last 26 years the exports of Mongolia to Thailand have increased at an annualized rate of 39.9%, from $3.89k in 1996 to $33.6M in 2022.

Exports from Thailand () to Mongolia () (2022)

Exports from Mongolia () to Thailand () (2022)

Latest Data

Trade between Thailand () and Mongolia ()

Thailand Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationN/AN/A

Mongolia
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Thailand - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Mongolia in the exports of Foodstuffs ($12.6M), Machines ($7.85M), and Transportation ($5.49M).

During 2022, Mongolia had a large net trade with Thailand in the exports of Mineral Products ($32.6M), Machines ($666k), and Transportation ($302k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Thailand has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Thailand.

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Mongolia () (2022)

Exports from Mongolia () to Thailand () (2022)

Latest Data

Trade between Thailand () and Mongolia ()

Thailand Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Thailand - Mongolia

Economic Complexity

Competitive Landscape

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

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