Mongolia / Iceland

Mongolia-Iceland In 2022, Mongolia exported $12.4k to Iceland. The main products that Mongolia exported to Iceland are Awnings, Tents, and Sails ($5.99k), Office Machine Parts ($2.87k), and String Instruments ($1.18k). During the last 23 years the exports of Mongolia to Iceland have increased at an annualized rate of 2.05%, from $7.77k in 1999 to $12.4k in 2022.

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

Iceland-Mongolia In 2022, Iceland exported $1.08k to Mongolia. The main products that Iceland exported to Mongolia were Natural Polymers ($566), Other toys ($323), and Coconuts, Brazil Nuts, and Cashews ($186). During the last 23 years the exports of Iceland to Mongolia have decreased at an annualized rate of 16.3%, from $64.7k in 1999 to $1.08k in 2022.

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

Comparison In 2022,  Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26),  and 94 in total exports ($13.6B). That same year, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.