Kazakhstan (KAZ) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Kazakhstan-Mongolia Trade: In 2022, Kazakhstan exported $93M to Mongolia. The main products that Kazakhstan exported to Mongolia were Broadcasting Equipment ($43.1M), Rolled Tobacco ($7.86M), and Fermented Milk Products ($5.49M). Over the past 5 years the exports of Kazakhstan to Mongolia have increased at an annualized rate of 4.98%, from $72.9M in 2017 to $93M in 2022.

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

Mongolia-Kazakhstan Trade: In 2022, Mongolia exported $8.26M to Kazakhstan. The main products that Mongolia exported to Kazakhstan were Horse Meat ($7.04M), Documents of title (bonds etc) and unused stamps ($502k), and Cars ($301k). Over the past 5 years the exports of Mongolia to Kazakhstan have increased at an annualized rate of 23.5%, from $2.87M in 2017 to $8.26M in 2022.

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

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $93M to Mongolia. The main products exported from Kazakhstan to Mongolia were Broadcasting Equipment ($43.1M), Rolled Tobacco ($7.86M), and Fermented Milk Products ($5.49M). During the last 5 years the exports of Kazakhstan to Mongolia have increased at an annualized rate of 4.98%, from $72.9M in 2017 to $93M in 2022.

In 2017, Mongolia exported $8.26M to Kazakhstan. The main products exported from Mongolia to Kazakhstan were Horse Meat ($7.04M), Documents of title (bonds etc) and unused stamps ($502k), and Cars ($301k). During the last 5 years the exports of Mongolia to Kazakhstan have increased at an annualized rate of 23.5%, from $2.87M in 2022 to $8.26M in 2017.

Exports from Kazakhstan () to Mongolia () (2022)

Exports from Mongolia () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Mongolia ()

Kazakhstan Exports

Date

Mongolia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Kazakhstan than Mongolia included Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

In 2022, countries that imported more from Mongolia than Kazakhstan included Cambodia ($959k), Malaysia ($1.78M), and Sudan ($419k).

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

Comparative Advantage Kazakhstan - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kazakhstan had a large net trade with Mongolia in the exports of Machines ($51.4M), Foodstuffs ($20.4M), and Chemical Products ($7.1M).

During 2017, Mongolia had a large net trade with Kazakhstan in the exports of Animal Products ($7.04M), Paper Goods ($502k), and Transportation ($309k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kazakhstan Mongolia+$3.45MRefined Petroleum

Top Product Potential Mongolia Kazakhstan+$375kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Mongolia () (2022)

Exports from Mongolia () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Mongolia ()

Kazakhstan Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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