Uzbekistan (UZB) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Uzbekistan-Mongolia Trade: In 2022, Uzbekistan exported $5.2M to Mongolia. The main products that Uzbekistan exported to Mongolia were Mixed Mineral or Chemical Fertilizers ($1.08M), Chocolate ($965k), and Grapes ($523k). Over the past 5 years the exports of Uzbekistan to Mongolia have increased at an annualized rate of 54.2%, from $597k in 2017 to $5.2M in 2022.

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

Mongolia-Uzbekistan Trade: In 2022, Mongolia exported $4.3M to Uzbekistan. The main products that Mongolia exported to Uzbekistan were Sheep and Goat Meat ($2.28M), Polyacetals ($1.15M), and Frozen Bovine Meat ($476k). Over the past 5 years the exports of Mongolia to Uzbekistan have increased at an annualized rate of 150%, from $44.4k in 2017 to $4.3M in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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, Uzbekistan exported $5.2M to Mongolia. The main products exported from Uzbekistan to Mongolia were Mixed Mineral or Chemical Fertilizers ($1.08M), Chocolate ($965k), and Grapes ($523k). During the last 5 years the exports of Uzbekistan to Mongolia have increased at an annualized rate of 54.2%, from $597k in 2017 to $5.2M in 2022.

In 2017, Mongolia exported $4.3M to Uzbekistan. The main products exported from Mongolia to Uzbekistan were Sheep and Goat Meat ($2.28M), Polyacetals ($1.15M), and Frozen Bovine Meat ($476k). During the last 5 years the exports of Mongolia to Uzbekistan have increased at an annualized rate of 150%, from $44.4k in 2022 to $4.3M in 2017.

Exports from Uzbekistan () to Mongolia () (2022)

Exports from Mongolia () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Mongolia ()

Uzbekistan Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Uzbekistan than Mongolia included Russia ($2.6B), Switzerland ($4.29B), and Turkey ($1.59B).

In 2022, countries that imported more from Mongolia than Uzbekistan included China ($10.6B), Singapore ($346M), and South Korea ($259M).

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

Comparative Advantage Uzbekistan - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Mongolia in the exports of Foodstuffs ($1.84M), Chemical Products ($1.34M), and Vegetable Products ($1.2M).

During 2017, Mongolia had a large net trade with Uzbekistan in the exports of Animal Products ($2.93M), Plastics and Rubbers ($1.15M), and Animal and Vegetable Bi-Products ($88.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uzbekistan Mongolia+$329kNitrogenous Fertilizers

Top Product Potential Mongolia Uzbekistan+$52.6kCars

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

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Mongolia () (2022)

Exports from Mongolia () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Mongolia ()

Uzbekistan Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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