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Pricing

2022
Flag → Flag
Exports $42.8MRnk 149 / 224
2022
Flag → Flag
Top Product $4.49MOther Edible Preparations
2022
Flag → Flag
Exports $3.21MRnk 21 / 113
2022
Flag → Flag
Top Product $1.23MAnimal Organs
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.26Rnk 120 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
Flag
GDP GROWTH36.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$4,947CURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP PC GROWTH12.4%CURRENT US$
Rnk 107 / 186

About

Netherlands-Mongolia Trade: In 2022, Netherlands exported $42.8M to Mongolia. The main products that Netherlands exported to Mongolia were Other Edible Preparations ($4.49M), Chocolate ($3.93M), and Excavation Machinery ($3.53M). Over the past 5 years the exports of Netherlands to Mongolia have increased at an annualized rate of 11.1%, from $25.3M in 2017 to $42.8M in 2022.

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

Mongolia-Netherlands Trade: In 2022, Mongolia exported $3.21M to Netherlands. The main products that Mongolia exported to Netherlands were Animal Organs ($1.23M), Knit Sweaters ($1.15M), and Prefabricated Buildings ($189k). Over the past 5 years the exports of Mongolia to Netherlands have increased at an annualized rate of 12.8%,  from $1.22M in 2017 to $3.21M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €2M and imported €0 from Mongolia, resulting in a positive trade balance of €2M. Between October 2021 and October 2022 the exports of Netherlands have remained the same by €0 (0%) from €2M to €2M, while imports remained the same by €0 (N/A%) from €0 to €0.

Trade In October 2022, the top exports of Netherlands to Mongolia were . In October 2022 the top imports of Netherlands from Mongolia were .

Growth In October 2022, the change in Netherlands's year-by-year exports to Mongolia was explained primarily by an decrease in product exports in . In December 2020, the change in Netherlands's year-by-year imports  from Mongolia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€0(0%)
IMPORT GROWTH (December 2019 - December 2020)€0(N/A%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Mongolia and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mongolia and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $42.8M to Mongolia. The main products exported from Netherlands to Mongolia were Other Edible Preparations ($4.49M), Chocolate ($3.93M), and Excavation Machinery ($3.53M). During the last 5 years the exports of Netherlands to Mongolia have increased at an annualized rate of 11.1%, from $25.3M in 2017 to $42.8M in 2022.

In 2017, Mongolia exported $3.21M to Netherlands. The main products exported from Mongolia to Netherlands were Animal Organs ($1.23M), Knit Sweaters ($1.15M), and Prefabricated Buildings ($189k). During the last 5 years the exports of Mongolia to Netherlands have increased at an annualized rate of 12.8%, from $1.22M in 2022 to $3.21M in 2017.

Exports from Netherlands (Flag) to Mongolia (Flag) (2022)

Exports from Mongolia (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Netherlands than Mongolia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, no countries were registered that imported more from Mongolia than from Netherlands.

Difference in imports from Mongolia (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Mongolia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Mongolia in the exports of Foodstuffs ($16.3M), Machines ($10.9M), and Chemical Products ($3.31M).

During 2017, Mongolia had a large net trade with Netherlands in the exports of Textiles ($1.44M), Animal Products ($1.23M), and Miscellaneous ($191k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Mongolia+$1.64MPackaged Medicaments
Top Product Potential Mongolia Netherlands+$1.05MKnit Sweaters

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

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

Product Space of Netherlands (Flag) and Mongolia (Flag) (2022)

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