Mongolia (MNG) and Maldives (MDV) Trade | The Observatory of Economic Complexity

About

Mongolia-Maldives In 2022, Mongolia exported $7.61k to Maldives. The main products that Mongolia exported to Maldives are Crustaceans ($5.96k), Processed Crustaceans ($1.56k), and Other Animals ($86). During the last 0 years the exports of Mongolia to Maldives have remained the same at an annualized rate of N/A%, from $7.61k in 2022 to $7.61k in 2022.

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

Maldives-Mongolia In false, Maldives did not export any products to Mongolia.

In 2022, Maldives 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, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

In 2022, Mongolia exported $7.61k to Maldives. The main products exported from Mongolia to Maldives were Crustaceans ($5.96k), Processed Crustaceans ($1.56k), and Other Animals ($86).

Maldives does not register exports to Mongolia.

Exports from Mongolia () to Maldives () (2022)

Exports from Maldives () to Mongolia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$10.6B

Maldives
Top DestinationIndia$488M

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

In 2021, countries that imported more from Mongolia than Maldives were China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

In 2021, countries that imported more from Maldives than Mongolia were India ($488M), Thailand ($79.4M), and Oman ($14.3M).

Difference in imports from Maldives () and Mongolia () (2022)

Comparative Advantage Mongolia - Maldives

Flow

Section

HS2

HS4

Scale

Log

Linear

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

During 2022, Mongolia had a large net trade with Maldives in the exports of Animal Products ($6.04k) and Foodstuffs ($1.57k).

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