Zimbabwe (ZWE) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Zimbabwe-Mongolia Trade: In 2022, Zimbabwe exported $64.3k to Mongolia. The main products that Zimbabwe exported to Mongolia were N/A. Over the past 9 years the exports of Zimbabwe to Mongolia have increased at an annualized rate of 33.2%, from $4.89k in 2013 to $64.3k in 2022.

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

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

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

Comparison: In 2023, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B). 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, Zimbabwe exported $64.3k to Mongolia. There were not main exports from Zimbabwe to Mongolia in 2022. During the last 9 years the exports of Zimbabwe to Mongolia have increased at an annualized rate of 33.2%, from $4.89k in 2013 to $64.3k in 2022.

Mongolia does not register exports to Zimbabwe.

Exports from Zimbabwe () to Mongolia () (2022)

Exports from Mongolia () to Zimbabwe () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

Mongolia
Top DestinationChina$13.1B

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

In 2023, countries that imported more from Zimbabwe than Mongolia included United Arab Emirates ($4.1B), South Africa ($1.39B), and Mozambique ($391M).

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

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

Comparative Advantage Zimbabwe - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Mongolia+$14.2kCitrus

Top Product Potential Mongolia Zimbabwe+$2.44kGold

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

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Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Mongolia () (2022)

Exports from Mongolia () to Zimbabwe () (2022)

Market Competitiveness

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

Comparative Advantage Zimbabwe - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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