Cyprus (CYP) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Cyprus-Mongolia Trade: In 2022, Cyprus exported $684k to Mongolia. The main products that Cyprus exported to Mongolia were Packaged Medicaments ($628k), Other Processed Fruits and Nuts ($41.9k), and Dried Fruits ($7.14k). Over the past 5 years the exports of Cyprus to Mongolia have increased at an annualized rate of 5.8%, from $516k in 2017 to $684k in 2022.

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

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

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

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. 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, Cyprus exported $684k to Mongolia. The main products exported from Cyprus to Mongolia were Packaged Medicaments ($628k), Other Processed Fruits and Nuts ($41.9k), and Dried Fruits ($7.14k). During the last 5 years the exports of Cyprus to Mongolia have increased at an annualized rate of 5.8%, from $516k in 2017 to $684k in 2022.

Mongolia does not register exports to Cyprus. The main products exported from Mongolia to Cyprus were Hard Liquor ($220k), Knit Sweaters ($4.57k), and Blankets ($356).

Exports from Cyprus () to Mongolia () (2022)

Exports from Mongolia () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Mongolia ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Cyprus than Mongolia included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

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

Comparative Advantage Cyprus - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Mongolia in the exports of Chemical Products ($628k), Foodstuffs ($43.4k), and Vegetable Products ($7.14k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Mongolia () (2022)

Exports from Mongolia () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Mongolia ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Cyprus - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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