2022
Flag  
GDP
$808BCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
Flag
 GDP
$16.8BCURRENT US$
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2012-2022
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GDP GROWTH
36.8%CURRENT US$
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2022
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GDP PC 
$92,101CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
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2022
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GDP PC
$4,947CURRENT US$
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2012-2022
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GDP PC GROWTH
12.4%CURRENT US$
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About

Switzerland-Mongolia In 2022, Switzerland exported $31.8M to Mongolia. The main products that Switzerland exported to Mongolia are Precious Metal Watches ($5.3M), Packaged Medicaments ($4.87M), and Base Metal Watches ($3.98M). During the last 27 years the exports of Switzerland to Mongolia have increased at an annualized rate of 15.2%, from $701k in 1995 to $31.8M in 2022.

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

Mongolia-Switzerland In 2022, Mongolia exported $1.98B to Switzerland. The main products that Mongolia exported to Switzerland were Gold ($1.98B), Silver ($2.29M), and Knit Sweaters ($333k). During the last 27 years the exports of Mongolia to Switzerland have increased at an annualized rate of 42.9%, from $130k in 1995 to $1.98B in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.85), and 17 in total exports ($402B). That same year, Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $31.8M to Mongolia. The main products exported from Switzerland to Mongolia were Precious Metal Watches ($5.3M), Packaged Medicaments ($4.87M), and Base Metal Watches ($3.98M). During the last 27 years the exports of Switzerland to Mongolia have increased at an annualized rate of 15.2%, from $701k in 1995 to $31.8M in 2022.

In 2022, Mongolia exported $1.98B to Switzerland. The main products exported from Mongolia to Switzerland were Gold ($1.98B), Silver ($2.29M), and Knit Sweaters ($333k). During the last 27 years the exports of Mongolia to Switzerland have increased at an annualized rate of 42.9%, from $130k in 1995 to $1.98B in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Mongolia (Flag)

Switzerland Exports

Mongolia Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Switzerland than Mongolia were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2019, no countries were registered that imported more from Mongolia than from Switzerland.

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

Comparative Advantage Switzerland - Mongolia

Flow
Scale

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

During 2022, Switzerland had a large net trade with Mongolia in the exports of Instruments ($11M), Chemical Products ($8.06M), and Machines ($3.21M).

During 2022, Mongolia had a large net trade with Switzerland in the exports of Precious Metals ($1.98B), Textiles ($860k), and Instruments ($96.3k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Switzerland.

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

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