Moldova (MDA) and Mongolia (MNG) Trade | The Observatory of Economic Complexity

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Moldova-Mongolia Trade: In 2022, Moldova exported $1.87M to Mongolia. The main products that Moldova exported to Mongolia were Grapes ($1.15M), Flavored Water ($311k), and Fruit Juice ($89.7k). Over the past 5 years the exports of Moldova to Mongolia have increased at an annualized rate of 31.5%, from $474k in 2017 to $1.87M in 2022.

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

Mongolia-Moldova Trade: In 2022, Mongolia exported $2.14k to Moldova. The main products that Mongolia exported to Moldova were Tanned Furskins ($1.8k) and Non-Knit Men's Shirts ($344). Over the past 5 years the exports of Mongolia to Moldova have increased at an annualized rate of 13.2%, from $1.15k in 2017 to $2.14k in 2022.

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

Comparison: In 2022, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). 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, Moldova exported $1.87M to Mongolia. The main products exported from Moldova to Mongolia were Grapes ($1.15M), Flavored Water ($311k), and Fruit Juice ($89.7k). During the last 5 years the exports of Moldova to Mongolia have increased at an annualized rate of 31.5%, from $474k in 2017 to $1.87M in 2022.

In 2017, Mongolia exported $2.14k to Moldova. The main products exported from Mongolia to Moldova were Tanned Furskins ($1.8k) and Non-Knit Men's Shirts ($344). During the last 5 years the exports of Mongolia to Moldova have increased at an annualized rate of 13.2%, from $1.15k in 2022 to $2.14k in 2017.

Exports from Moldova () to Mongolia () (2022)

Exports from Mongolia () to Moldova () (2022)

Latest Data

Trade between Moldova () and Mongolia ()

Moldova Exports

Date

Mongolia Exports

Date

Oct 2019

Mar 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Moldova
Top DestinationRomania$1.35B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Moldova than Mongolia included Romania ($1.35B), Ukraine ($729M), and Turkey ($309M).

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

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

Comparative Advantage Moldova - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Moldova had a large net trade with Mongolia in the exports of Vegetable Products ($1.33M), Foodstuffs ($401k), and Textiles ($62.8k).

During 2017, Mongolia had a large net trade with Moldova in the exports of Animal Hides ($1.8k) and Textiles ($344).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Moldova Mongolia+$41.2kPackaged Medicaments

Top Product Potential Mongolia Moldova+$1.21kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Moldova () to Mongolia () (2022)

Exports from Mongolia () to Moldova () (2022)

Latest Data

Trade between Moldova () and Mongolia ()

Moldova Exports

Mongolia Exports

Market Competitiveness

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

Comparative Advantage Moldova - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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