British Virgin Islands (VGB) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

About

British Virgin Islands-Mongolia Trade: In 2022, British Virgin Islands exported $188 to Mongolia. The main products that British Virgin Islands exported to Mongolia were Hard Liquor ($188). Over the past 8 years the exports of British Virgin Islands to Mongolia have decreased at an annualized rate of 20.7%, from $1.21k in 2014 to $188 in 2022.

In 2022, British Virgin Islands did not export any services to Mongolia.

Mongolia-British Virgin Islands In false, Mongolia did not export any products to British Virgin Islands.

In 2022, Mongolia did not export any services to British Virgin Islands.

Comparison In 2022, British Virgin Islands ranked 185 in total exports ($206M), and does not have data regarding Economic Complexity Index. 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, British Virgin Islands exported $188 to Mongolia. The main products exported from British Virgin Islands to Mongolia were Hard Liquor ($188). During the last 8 years the exports of British Virgin Islands to Mongolia have decreased at an annualized rate of 20.7%, from $1.21k in 2014 to $188 in 2022.

Mongolia does not register exports to British Virgin Islands.

Exports from British Virgin Islands () to Mongolia () (2022)

Exports from Mongolia () to British Virgin Islands () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Virgin Islands
Top DestinationMalta$85.8M

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from British Virgin Islands than Mongolia included Malta ($85.8M), Brazil ($23M), and Egypt ($12.2M).

In 2022, countries that imported more from Mongolia than British Virgin Islands included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

Difference in imports from Mongolia () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between British Virgin Islands and Mongolia by product, considering products traded by both, British Virgin Islands and Mongolia.

During 2022, British Virgin Islands had a large net trade with Mongolia in the exports of Foodstuffs ($188).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from British Virgin Islands () to Mongolia () (2022)

Exports from Mongolia () to British Virgin Islands () (2022)

Market Competitiveness

Difference in imports from Mongolia () and British Virgin Islands () (2022)

Comparative Advantage British Virgin Islands - Mongolia

Economic Complexity

Competitive Landscape

Product Space of British Virgin Islands () and Mongolia () (2022)

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