GDP$27.6BCURRENT US$Rnk 111 / 195 GDP GROWTH-1.64%CURRENT US$Rnk 172 / 195
GDP$20.3BCURRENT US$Rnk 120 / 195 GDP GROWTH61.5%CURRENT US$Rnk 51 / 195 GDP PC $1,331CURRENT US$Rnk 171 / 195GDP PC GROWTH-26.9%CURRENT US$Rnk 184 / 195GDP PC$5,839CURRENT US$Rnk 116 / 196GDP PC GROWTH34.5%CURRENT US$Rnk 70 / 195In N/A, Zambia did not export any services to Mongolia.
Mongolia-Zambia In N/A, Mongolia did not export any products to Zambia.
In N/A, Mongolia did not export any services to Zambia.
Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). That same year, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B).
) to Mongolia () (2023)) to Zambia () (2023)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 2023, countries that imported more from Zambia than Mongolia included Switzerland ($4.26B), India ($2.11B), and United Arab Emirates ($1.84B).
In 2023, countries that imported more from Mongolia than Zambia included China ($13.1B), Italy ($87.7M), and Finland ($22.8M).
) and Zambia () (2023)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.
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.
) and Mongolia () (2023)
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