Mongolia Trade Summary

2021 Data

Mongolia exports, imports, tariff by year.

Country / Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports

Products

TRADE SUMMARY FOR Mongolia

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 9,241
No. Of products: 899
No. Of partners: 64
Importsmore »
Imports (in US$ Mil): 6,844
No. Of products: 3,434
No. Of partners: 152

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Copper ores and conc ...2,899,857.30
Bituminous coal, not ...2,741,531.36
Gold in oth semi-man ...1,004,519.99
Non-agglomerated iro ...939,293.36
Fine animal hair, no ...276,422.15
Imports (US$ Thousands)
Petroleum oils, etc, ...1,131,771.73
Diesel powered truck ...246,390.64
Automobiles nes incl ...179,689.22
Bars&rods,i/nas,hr,h ...163,020.37
Electrical energy160,208.00

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China7,633 82.60
Switzerland870 9.41
Singapore254 2.75
Korea, Rep.223 2.42
Russian Federation113 1.22
Exporter Trade (US$ Mil) Partner share(%)
China2,490 36.39
Russian Federation1,955 28.56
Japan453 6.62
Korea, Rep.309 4.51
Germany223 3.25

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials7,917 85.67 250 3.65 5.41
Intermediate goods1,174 12.71 1,123 16.41 4.92
Consumer goods104 1.13 3,405 49.75 6.33
Capital goods46 0.49 2,067 30.20 4.34

Trade Indicators

more »
HH Market concentration index: 0.71
Index of export market penetration: 2.15
World Growth: 12.59
Country Growth: 15.27

Tariffs

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No Of Tariff Agreement: 3
Maximum Rate (%): 40
Simple Average (%): 5.04
Weighted Average (%): 5.28
Duty Free Imports (US$ Thousand): 192,619.56
Duty Free Tariff Lines Share (%): 4.22

Development Indicators

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GDP (current US$): 15,286
GNI per capita, Atlas method (current US$): 3,730.00
Trade Balance (% of GDP): -2.00
Trade Balance (current US$ Mil): -306.00
Trade in services (% of GDP): 21.62
Trade (% of GDP): 119.10