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Mongolia Trade Summary

1998

Mongolia exports, imports, tariff by year.

Country and 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 1998

Overall Exports and Imports for Mongolia 1998

Exports and imports of Mongolia in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 345 million.
  • The total value of imports (CIF) was 489 million.
  • At the HS6 digit level, 504 products were exported to 49 countries and 2,846 products were imported from 61 countries.

Mongolia top 5 Export and Import partners 1998

Top five countries to which Mongolia exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Mongolia exports to China worth US$ 195 million, with a partner share of 56.48 percent.
  2. Mongolia exports to Russian Federation worth US$ 47 million, with a partner share of 13.57 percent.
  3. Mongolia exports to United States worth US$ 33 million, with a partner share of 9.48 percent.
  4. Mongolia exports to United Kingdom worth US$ 13 million, with a partner share of 3.74 percent.
  5. Mongolia exports to Italy worth US$ 10 million, with a partner share of 2.90 percent.

Top five countries from which Mongolia imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Mongolia imports from Russian Federation worth US$ 136 million, with a partner share of 27.78 percent.
  2. Mongolia imports from Japan worth US$ 59 million, with a partner share of 12.11 percent.
  3. Mongolia imports from China worth US$ 58 million, with a partner share of 11.95 percent.
  4. Mongolia imports from Korea, Rep. worth US$ 38 million, with a partner share of 7.69 percent.
  5. Mongolia imports from United States worth US$ 36 million, with a partner share of 7.44 percent.

Mongolia Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Mongolia along with trade value are:

  1. Mongolia exported Copper ores and concentrates , worth US$ 124,769.92 million.
  2. Mongolia exported Fine animal hair, carded or combed , worth US$ 34,567.16 million.
  3. Mongolia exported Coniferous wood sawn or chipped lengthwise, sli , worth US$ 34,070.24 million.
  4. Mongolia exported Fluorspar containing by weight <=97% of calcium , worth US$ 18,027.06 million.
  5. Mongolia exported Raw skins of sheep or lambs, with wool on , worth US$ 14,597.79 million.

The top five imported HS 6 digit level products from world by Mongolia along with trade value are

  1. Mongolia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 72,105.14 million.
  2. Mongolia imported Automobiles with reciprocating piston engine di , worth US$ 20,311.01 million.
  3. Mongolia imported Motor vehicle parts nes , worth US$ 10,936.79 million.
  4. Mongolia imported Parts of central heating boiler nes , worth US$ 10,823.99 million.
  5. Mongolia imported Wheat or meslin flour , worth US$ 10,590.45 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Mongolia in 1998 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1998

Key Development Indicators of Mongolia in 1998 are below

  • Mongolia GDP in current US dollar was 1,124 million.
  • GNI per capita, Atlas method (current US$) was 510.00 .
  • Mongolia Trade balance: as % of GDP was -11.66.
  • Trade balance in current US$ was -131.00 million.
  • Trade as percentage of GDP was 107.35 .
  • Trade in services as percentage of GDP was 20.06 .

Trade Indicators 1998

Trade Indicators for Mongolia in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.26.
  • Index of export market penetration was 1.66.
  • World Growth in percentage was -0.47 and Mongolia Country Growth was -9.92 .