Zambia (ZMB) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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In N/A, Zambia did not export any services to Mongolia.

Mongolia-Zambia Trade: In N/A, Mongolia exported $55.5k to Zambia. The main products that Mongolia exported to Zambia were Instructional Models ($30.2k) and Excavation Machinery ($25.3k). Over the past N/A years the exports of Mongolia to Zambia have increased at an annualized rate of 2.2%, from $49.8k in N/A to $55.5k in N/A.

In N/A, Mongolia did not export any services to Zambia.

Comparison: In 2022, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B). 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

Zambia does not register exports to Mongolia.

In 2017, Mongolia exported $55.5k to Zambia. The main products exported from Mongolia to Zambia were Instructional Models ($30.2k) and Excavation Machinery ($25.3k). During the last 5 years the exports of Mongolia to Zambia have increased at an annualized rate of 2.2%, from $49.8k in 2022 to $55.5k in 2017.

Exports from Zambia () to Mongolia () (2022)

Exports from Mongolia () to Zambia () (2022)

Latest Data

Trade between Zambia () and Mongolia ()

Zambia Exports

Date

Sep 2020

Jun 2010

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.5B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Zambia than Mongolia included Switzerland ($4.5B), Democratic Republic of the Congo ($1.51B), and Pitcairn Islands ($1.49B).

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

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

Comparative Advantage Zambia - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Mongolia had a large net trade with Zambia in the exports of Instruments ($30.2k) and Machines ($25.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Mongolia+$2.26kElectricity

Top Product Potential Mongolia Zambia+$22.7kExcavation Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Zambia () to Mongolia () (2022)

Exports from Mongolia () to Zambia () (2022)

Latest Data

Trade between Zambia () and Mongolia ()

Zambia Exports

Market Competitiveness

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

Comparative Advantage Zambia - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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