Russia-Mongolia In 2022, Russia exported $2.44B to Mongolia. The main products that Russia exported to Mongolia are Refined Petroleum ($1.43B), Raw Iron Bars ($117M), and Nitrogenous Fertilizers ($108M). During the last 26 years the exports of Russia to Mongolia have increased at an annualized rate of 9.73%, from $218M in 1996 to $2.44B in 2022.
In 2020, Russia exported services to Mongolia worth $97.4M, with Communications services ($44.9M), Transportation ($27.1M), and Travel ($12.9M) being the largest in terms of value.
Mongolia-Russia In 2022, Mongolia exported $112M to Russia. The main products that Mongolia exported to Russia were Feldspar ($46.5M), Planes, Helicopters, and/or Spacecraft ($28.5M), and Rubber Tires ($7.59M). During the last 26 years the exports of Mongolia to Russia have decreased at an annualized rate of 3.24%, from $264M in 1996 to $112M in 2022.
In 2022, Mongolia did not export any services to Russia.
Comparison In 2022, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Mongolia ranked 110 in the Economic Complexity Index (ECI -1.14), and 94 in total exports ($13.6B).