Trade balance in low carbon technology products, Percent of GDP in Mongolia
Mongolia: Trade balance in low carbon technology products, Percent of GDP was -3.09 in 2023. ▼ Falling
Trade balance in low carbon technology products, Percent of GDP in Mongolia, 1996–2023
Source: International Monetary Fund.
Analysis
In 2023, trade balance in low carbon technology products, percent of gdp in Mongolia stood at -3.09. That is the lowest value across all 22 years on record.
The figure is down 19.6% on the previous year and down 81.7% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Mongolia peaked at -0.8202 in 2016 and was at its lowest, -3.09, in 2023.
Mongolia ranks 173rd of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Trade balance in low carbon technology products, Percent of GDP in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -0.8606 | — |
| 1997 | -1.65 | +91.6% |
| 1998 | -1.22 | -26.0% |
| 1999 | -0.9873 | -19.0% |
| 2000 | -1.68 | +70.3% |
| 2001 | -1.04 | -38.2% |
| 2003 | -1.82 | +74.9% |
| 2004 | -1.51 | -17.0% |
| 2005 | -1.31 | -13.3% |
| 2006 | -0.9403 | -28.1% |
| 2007 | -1.7 | +81.2% |
| 2013 | -1.7 | -0.2% |
| 2014 | -1.49 | -12.4% |
| 2015 | -1.08 | -27.7% |
| 2016 | -0.8202 | -23.8% |
| 2017 | -2.52 | +207.1% |
| 2018 | -2.83 | +12.4% |
| 2019 | -2.32 | -18.0% |
| 2020 | -2.39 | +2.8% |
| 2021 | -2.32 | -2.6% |
| 2022 | -2.58 | +11.1% |
| 2023 | -3.09 | +19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.18 | -1.65 | -0.8606 | 4 |
| 2000s | -1.43 | -1.82 | -0.9403 | 7 |
| 2010s | -1.82 | -2.83 | -0.8202 | 7 |
| 2020s | -2.59 | -3.09 | -2.32 | 4 |
Countries ranked near Mongolia
- 170 Ukraine -2.23 compare
- 171 Lao People's Democratic Republic -2.33 compare
- 172 Mauritius -2.41 compare
- 174 Jordan -3.34 compare
- 175 Seychelles -3.46 compare
- 176 Uzbekistan -3.73 compare
More trade data for Mongolia
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.39 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.66 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.61 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 95.15 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.06 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.61 (2025)
- Imports of low carbon technology products, Percent of GDP 3.13 (2023)
- Imports of low carbon technology products, US dollar (World), per 182.49 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0313 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 7.85 million (2023)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in Mongolia?
- Trade balance in low carbon technology products, percent of gdp in Mongolia was -3.09 in 2023, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Mongolia?
- The highest recorded value was -0.8202 in 2016.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Mongolia?
- The lowest recorded value was -3.09 in 2023.
- How does Mongolia rank for trade balance in low carbon technology products, percent of gdp?
- Mongolia ranks 173rd out of 177 countries with data for 2023.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Mongolia?
- Over the last ten years it is down 81.7%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.