2022
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GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 186
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 
$11,244CURRENT US$
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2012-2022
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GDP PC GROWTH
-9.23%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

Kazakhstan-Mongolia In 2022, Kazakhstan exported $93M to Mongolia. The main products that Kazakhstan exported to Mongolia are Broadcasting Equipment ($43.1M), Rolled Tobacco ($7.86M), and Fermented Milk Products ($5.49M). During the last 26 years the exports of Kazakhstan to Mongolia have increased at an annualized rate of 22%, from $527k in 1996 to $93M in 2022.

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

Mongolia-Kazakhstan In 2022, Mongolia exported $8.26M to Kazakhstan. The main products that Mongolia exported to Kazakhstan were Horse Meat ($7.04M), Documents of title (bonds etc) and unused stamps ($502k), and Cars ($301k). During the last 26 years the exports of Mongolia to Kazakhstan have increased at an annualized rate of 16.6%, from $151k in 1996 to $8.26M in 2022.

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

Comparison In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). That same year, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Kazakhstan exported $93M to Mongolia. The main products exported from Kazakhstan to Mongolia were Broadcasting Equipment ($43.1M), Rolled Tobacco ($7.86M), and Fermented Milk Products ($5.49M). During the last 26 years the exports of Kazakhstan to Mongolia have increased at an annualized rate of 22%, from $527k in 1996 to $93M in 2022.

In 2022, Mongolia exported $8.26M to Kazakhstan. The main products exported from Mongolia to Kazakhstan were Horse Meat ($7.04M), Documents of title (bonds etc) and unused stamps ($502k), and Cars ($301k). During the last 26 years the exports of Mongolia to Kazakhstan have increased at an annualized rate of 16.6%, from $151k in 1996 to $8.26M in 2022.

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

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

Latest Data

Trade between Kazakhstan (Flag) and Mongolia (Flag)

Kazakhstan Exports

Mongolia Exports

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Mongolia
Top Destination
China$10.6B

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

In 2021, countries that imported more from Kazakhstan than Mongolia were Italy ($12.4B), Russia ($8.78B), and United Kingdom ($8.01B).

In 2021, countries that imported more from Mongolia than Kazakhstan were Cambodia ($959k), Malaysia ($1.78M), and Sudan ($419k).

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

Comparative Advantage Kazakhstan - Mongolia

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Mongolia in the exports of Machines ($51.4M), Foodstuffs ($20.4M), and Chemical Products ($7.1M).

During 2022, Mongolia had a large net trade with Kazakhstan in the exports of Animal Products ($7.04M), Paper Goods ($502k), and Transportation ($309k).

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

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

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