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Mbappe, 22, will be out of contract next summer and has been heavily linked with Madrid in the past.
Haaland, meanwhile, only signed for Dortmund last January and is under contract until 2024.
However, the 20-year-old Norwegian star could be snapped up next summer as Haaland's £68m release clause becomes active.
Ramos, 34, has suggested that Madrid have a 'much easier' chance of signing Haaland ahead of Mbappe.
The Madrid skipper told Ibai Llanos on Twitch: "Haaland or Mbappe if I were a coach? I would like to have both of them, but a coach does not sign.
"Perhaps, due to the circumstances and the current situation, today I think it would be a little easier to sign Haaland.
"Mbappe is talked about as the Cristiano [Ronaldo] and [Lionel] Messi replacement, and the circumstances are more complicated.
"It would never be bad to reinforce Madrid with a 9 like Haaland, who has something that we do not have: speed, hunger, height...
"Mbappe has it too, of course, but it would be much easier today to come to terms with Haaland."
Ramos' future at Madrid remains uncertain as his contract with Los Blancos will expire in the summer.
Ramos also offered his two cents on Lionel Messi, who will be out of contract this summer.
Ramos admitted that he would welcome Messi with open arms at Madrid and hilariously said he "would even make room for him in my house if necessary."
Featured Image Credit: Twitch/PA
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