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

2022

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Exports $11.7kRnk 144 / 164

2022

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About

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 5 years the exports of Tanzania to Mongolia have increased at an annualized rate of 11.5%, from $6.8k in 2017 to $11.7k in 2022.

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

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

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

Comparison: In 2022, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Mongolia
Top DestinationChina$10.6B

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

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

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

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

Potential Exports

Depth

Section

HS2

HS4

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Top 20

Top 15

Top 10

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Highest Potential

Most Saturated

Section

Top Product Potential Tanzania Mongolia+$11.2kSowing Seeds

Top Product Potential Mongolia Tanzania+$1.63kGold

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

About

Historical Data

Market Competitiveness

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

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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