Turkmenistan (TKM) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

About

Turkmenistan-Mongolia Trade: In 2022, Turkmenistan exported $78.5k to Mongolia. The main products that Turkmenistan exported to Mongolia were N/A. Over the past 6 years the exports of Turkmenistan to Mongolia have increased at an annualized rate of 127%, from $573 in 2016 to $78.5k in 2022.

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

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

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

Comparison: In 2023, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $78.5k to Mongolia. There were not main exports from Turkmenistan to Mongolia in 2022. During the last 6 years the exports of Turkmenistan to Mongolia have increased at an annualized rate of 127%, from $573 in 2016 to $78.5k in 2022.

Mongolia does not register exports to Turkmenistan.

Exports from Turkmenistan () to Mongolia () (2022)

Exports from Mongolia () to Turkmenistan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$9.63B

Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Turkmenistan than Mongolia included Turkey ($1.66B), Greece ($1.03B), and Uzbekistan ($950M).

In 2023, countries that imported more from Mongolia than Turkmenistan included China ($13.1B), Switzerland ($842M), and Thailand ($67.1M).

Difference in imports from Mongolia () and Turkmenistan () (2023)

Comparative Advantage Turkmenistan - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Mongolia () (2022)

Exports from Mongolia () to Turkmenistan () (2022)

Market Competitiveness

Difference in imports from Mongolia () and Turkmenistan () (2023)

Comparative Advantage Turkmenistan - Mongolia

Economic Complexity

Competitive Landscape

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

Keep Exploring