Mongolia (MNG) and Micronesia (FSM) Trade | The Observatory of Economic Complexity

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Mongolia-Micronesia Trade: In 2013, Mongolia exported $25.7k to Micronesia. The main products that Mongolia exported to Micronesia were N/A. Over the past 7 years the exports of Mongolia to Micronesia have increased at an annualized rate of 40.5%, from $2.38k in 2006 to $25.7k in 2013.

In 2013, Mongolia did not export any services to Micronesia.

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

In 2013, Micronesia 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, Micronesia ranked 191 in total exports ($183M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Mongolia exported $25.7k to Micronesia. There were not main exports from Mongolia to Micronesia in 2013. During the last 7 years the exports of Mongolia to Micronesia have increased at an annualized rate of 40.5%, from $2.38k in 2006 to $25.7k in 2013.

Micronesia does not register exports to Mongolia.

Exports from Mongolia () to Micronesia () (2014)

Exports from Micronesia () to Mongolia () (2014)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Micronesia
Top DestinationThailand$143M

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

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

In 2022, countries that imported more from Micronesia than Mongolia included Thailand ($143M), Philippines ($22.7M), and Ecuador ($3.47M).

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

Comparative Advantage Mongolia - Micronesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Mongolia had a large net trade with Micronesia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Micronesia () (2014)

Exports from Micronesia () to Mongolia () (2014)

Market Competitiveness

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

Comparative Advantage Mongolia - Micronesia

Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Micronesia () (2014)

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