GDP$16.8BCURRENT US$Rnk 126 / 186 GDP GROWTH36.8%CURRENT US$Rnk 90 / 186
GDP$14.6BCURRENT US$Rnk 132 / 186 GDP GROWTH-17.4%CURRENT US$Rnk 178 / 186 GDP PC $4,947CURRENT US$Rnk 112 / 186GDP PC GROWTH12.4%CURRENT US$Rnk 107 / 186GDP PC$2,448CURRENT US$Rnk 138 / 186GDP PC GROWTH-34.8%CURRENT US$Rnk 180 / 186In N/A, Mongolia did not export any services to Republic of the Congo.
Republic of the Congo-Mongolia In N/A, Republic of the Congo did not export any products to Mongolia.
In N/A, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).
Mongolia does not register exports to Republic of the Congo.
Republic of the Congo does not register exports to Mongolia.
) to Republic of the Congo () (2021)) to Mongolia () (2021)This map shows whether countries import more from Mongolia or Republic of the Congo. Each country is colored based on the difference in imports they receive from Mongolia and Republic of the Congo or the difference in the growth in imports.
In 2022, countries that imported more from Mongolia than Republic of the Congo included China ($10.6B), Switzerland ($1.98B), and South Korea ($259M).
In 2022, countries that imported more from Republic of the Congo than Mongolia included India ($2.44B), United Arab Emirates ($1.87B), and Vietnam ($537M).
) and Mongolia () (2022)This chart compares trade between Mongolia and Republic of the Congo by product, considering products traded by both, Mongolia and Republic of the Congo.
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.
This visualization shows the product space at the HS4 level with the flags of Mongolia and Republic of the Congo. This means that a dot/product with the flag of Mongolia indicates it has a comparative advantage over Republic of the Congo. Similarly, a dot/product with the flag of Republic of the Congo indicates it has a comparative advantage over Mongolia.
) and Republic of the Congo () (2021)
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