Mongolia (MNG) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Mongolia-Tanzania Trade: In 2022, Mongolia exported $49.2k to Tanzania. The main products that Mongolia exported to Tanzania were Bedspreads ($49.2k). Over the past 7 years the exports of Mongolia to Tanzania have increased at an annualized rate of 20.8%, from $13.1k in 2015 to $49.2k in 2022.

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

Tanzania-Mongolia Trade: In 2022, Tanzania exported $11.7k to Mongolia. The main products that Tanzania exported to Mongolia were Sowing Seeds ($9.75k), Coffee ($1.81k), and Pepper ($113). Over the past 7 years the exports of Tanzania to Mongolia have increased at an annualized rate of 11.5%, from $6.8k in 2015 to $11.7k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mongolia exported $49.2k to Tanzania. The main products exported from Mongolia to Tanzania were Bedspreads ($49.2k). During the last 7 years the exports of Mongolia to Tanzania have increased at an annualized rate of 20.8%, from $13.1k in 2015 to $49.2k in 2022.

In 2017, Tanzania exported $11.7k to Mongolia. The main products exported from Tanzania to Mongolia were Sowing Seeds ($9.75k), Coffee ($1.81k), and Pepper ($113). During the last 5 years the exports of Tanzania to Mongolia have increased at an annualized rate of 11.5%, from $6.8k in 2022 to $11.7k in 2017.

Exports from Mongolia () to Tanzania () (2022)

Exports from Tanzania () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Mongolia than Tanzania included China ($10.6B), Switzerland ($1.98B), and South Korea ($259M).

In 2022, countries that imported more from Tanzania than Mongolia included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Mongolia - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mongolia had a large net trade with Tanzania in the exports of Textiles ($49.2k).

During 2017, Tanzania had a large net trade with Mongolia in the exports of Vegetable Products ($11.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Tanzania+$1.63kGold

Top Product Potential Tanzania Mongolia+$11.2kSowing Seeds

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

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Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Tanzania () (2022)

Exports from Tanzania () to Mongolia () (2022)

Market Competitiveness

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

Comparative Advantage Mongolia - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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