Mongolia (MNG) and Greenland (GRL) Trade | The Observatory of Economic Complexity

About

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

Greenland-Mongolia Trade: In N/A, Greenland exported $3.95k to Mongolia. The main products that Greenland exported to Mongolia were Crustaceans ($3.79k), Knit T-shirts ($98), and Knit Women's Suits ($58). Over the past N/A years the exports of Greenland to Mongolia have increased at an annualized rate of 36.8%, from $603 in N/A to $3.95k in N/A.

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

Comparison In 2022, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B). That same year, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Mongolia does not register exports to Greenland.

In 2017, Greenland exported $3.95k to Mongolia. The main products exported from Greenland to Mongolia were Crustaceans ($3.79k), Knit T-shirts ($98), and Knit Women's Suits ($58). During the last 5 years the exports of Greenland to Mongolia have increased at an annualized rate of 36.8%, from $603 in 2022 to $3.95k in 2017.

Exports from Mongolia () to Greenland () (2022)

Exports from Greenland () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Greenland
Top DestinationDenmark$731M

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

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

In 2022, countries that imported more from Greenland than Mongolia included Denmark ($731M), United Kingdom ($86M), and Japan ($77M).

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

Comparative Advantage Mongolia - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Greenland had a large net trade with Mongolia in the exports of Animal Products ($3.79k) and Textiles ($156).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Mongolia and Greenland. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Mongolia.

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Greenland () (2022)

Exports from Greenland () to Mongolia () (2022)

Market Competitiveness

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

Comparative Advantage Mongolia - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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