Ethiopia (ETH) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Ethiopia-Mongolia Trade: In 2022, Ethiopia exported $140k to Mongolia. The main products that Ethiopia exported to Mongolia were Coffee ($103k), Dried Legumes ($14k), and Knit Sweaters ($11.7k). Over the past 5 years the exports of Ethiopia to Mongolia have increased at an annualized rate of 36.5%, from $29.6k in 2017 to $140k in 2022.

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

Mongolia-Ethiopia Trade: In 2022, Mongolia exported $1.6M to Ethiopia. The main products that Mongolia exported to Ethiopia were Planes, Helicopters, and/or Spacecraft ($1.6M). Over the past 5 years the exports of Mongolia to Ethiopia have increased at an annualized rate of 53.7%, from $187k in 2017 to $1.6M in 2022.

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

Comparison: In 2022, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B). 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, Ethiopia exported $140k to Mongolia. The main products exported from Ethiopia to Mongolia were Coffee ($103k), Dried Legumes ($14k), and Knit Sweaters ($11.7k). During the last 5 years the exports of Ethiopia to Mongolia have increased at an annualized rate of 36.5%, from $29.6k in 2017 to $140k in 2022.

In 2017, Mongolia exported $1.6M to Ethiopia. The main products exported from Mongolia to Ethiopia were Planes, Helicopters, and/or Spacecraft ($1.6M). During the last 5 years the exports of Mongolia to Ethiopia have increased at an annualized rate of 53.7%, from $187k in 2022 to $1.6M in 2017.

Exports from Ethiopia () to Mongolia () (2022)

Exports from Mongolia () to Ethiopia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ethiopia
Top DestinationUnited Arab Emirates$723M

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Ethiopia than Mongolia included United Arab Emirates ($723M), United States ($557M), and Saudi Arabia ($268M).

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

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

Comparative Advantage Ethiopia - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ethiopia had a large net trade with Mongolia in the exports of Vegetable Products ($119k) and Textiles ($21.2k).

During 2017, Mongolia had a large net trade with Ethiopia in the exports of Transportation ($1.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ethiopia Mongolia+$156kCoffee

Top Product Potential Mongolia Ethiopia+$197kPlanes, Helicopters, and/or Spacecraft

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Mongolia () (2022)

Exports from Mongolia () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Mongolia ()

Ethiopia Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

About

Historical Data

Bilateral Trade by Products

Exports from Ethiopia () to Mongolia () (2022)

Exports from Mongolia () to Ethiopia () (2022)

Latest Data

Trade between Ethiopia () and Mongolia ()

Ethiopia Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Ethiopia - Mongolia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

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Economic Complexity

Competitive Landscape

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

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