2022
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GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
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 GDP
$16.8BCURRENT US$
Rnk 126 / 186
2012-2022
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GDP GROWTH
36.8%CURRENT US$
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2022
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GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC
$4,947CURRENT US$
Rnk 112 / 186
2012-2022
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GDP PC GROWTH
12.4%CURRENT US$
Rnk 107 / 186

About

Brazil-Mongolia In 2022, Brazil exported $6.13M to Mongolia. The main products that Brazil exported to Mongolia are Raw Sugar ($1.1M), Confectionery Sugar ($1.04M), and Fruit Juice ($998k). During the last 27 years the exports of Brazil to Mongolia have increased at an annualized rate of 23.9%, from $18.8k in 1995 to $6.13M in 2022.

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

Mongolia-Brazil In 2022, Mongolia exported $788k to Brazil. The main products that Mongolia exported to Brazil were Alkaline Metals ($249k), Carboxyamide Compounds ($170k), and Carbonates ($132k). During the last 27 years the exports of Mongolia to Brazil have increased at an annualized rate of 22.3%, from $3.45k in 1995 to $788k in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B). 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, Brazil exported $6.13M to Mongolia. The main products exported from Brazil to Mongolia were Raw Sugar ($1.1M), Confectionery Sugar ($1.04M), and Fruit Juice ($998k). During the last 27 years the exports of Brazil to Mongolia have increased at an annualized rate of 23.9%, from $18.8k in 1995 to $6.13M in 2022.

In 2022, Mongolia exported $788k to Brazil. The main products exported from Mongolia to Brazil were Alkaline Metals ($249k), Carboxyamide Compounds ($170k), and Carbonates ($132k). During the last 25 years the exports of Mongolia to Brazil have increased at an annualized rate of 22.3%, from $3.45k in 1997 to $788k in 2022.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Brazil than Mongolia were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2021, countries that imported more from Mongolia than Brazil were Switzerland ($1.98B).

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

Comparative Advantage Brazil - Mongolia

Flow
Scale

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

During 2022, Brazil had a large net trade with Mongolia in the exports of Foodstuffs ($3.35M), Machines ($1.01M), and Vegetable Products ($648k).

During 2022, Mongolia had a large net trade with Brazil in the exports of Chemical Products ($783k), Plastics and Rubbers ($2.35k), and Textiles ($1.67k).

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 Brazil has comparative advantage over Mongolia. Similarly, the more yellow a dot/product is, the more Mongolia has comparative advantage over Brazil.

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

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