France-Mongolia Bilateral Trade Analysis 2023
Complete trade statistics: $77.36M total volume •France surplus: $55.24M
France → Mongolia
$66.30M
Exports (2023)
Mongolia → France
$11.06M
Imports (2023)
Trade Balance
$55.24M
Surplus for France
Total Trade
$77.36M
Combined Volume
Trade Flow Visualization
Direct trade relationship between France and Mongolia. Green line shows exports from France, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the France-Mongolia commercial relationship and competitive positioning in global markets.
France → Mongolia Exports
Export Market Intelligence
🎯 Strategic Export Focus
France's export portfolio to Mongolia demonstrates strategic specialization, with machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 representing a key competitive advantage in this bilateral market.
Mongolia → France Imports
Import Dependency Profile
📦 Import Strategy Analysis
France's import pattern from Mongolia reveals significant dependencyin jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
France demonstrates competitive strength in exportingmachinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 to Mongolia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $77.36M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: France-Mongolia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $77.36 millionrepresenting a significant bilateral economic relationship
- Trade Balance: France maintains a surplus of $55.24 million
- Export Focus: France's primary exports include machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure, cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
- Import Dependencies: Key imports from Mongolia include jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats, hair: fine animal hair, not carded or combed, of kashmir (cashmere) goats, coats: women's or girls' overcoats, car-coats, capes, anoraks, wind-jackets and similar articles, of wool or fine animal hair, knitted or crocheted (excluding those of heading no. 6104)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $77.36M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with France leveraging its comparative advantages in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
France's specialization in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431complements Mongolia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $77.36M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $77.36M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $77.36 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431 and jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
France's trade surplus of $55.24 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between France and Mongolia represents a total trade volume of $77.36 million in 2023. This partnership demonstrates a favorable trade balance for France, with exports exceeding importsby $55.24 million.
Export Strengths
France's exports to Mongolia total $66.30 million, with competitive advantages in machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431, representing $17.88M or27.0% of bilateral exports.
Import Dependencies
Imports from Mongolia amount to $11.06 million, highlighting economic interdependence in jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats, with Jerseys, pullovers, cardigans, waistcoats and similar articles: knitted or crocheted, of fibres from kashmir (cashmere) goats comprising50.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates France's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between France and Mongolia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023