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Mongolia Trade Summary

2004

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 2004

Overall Exports and Imports for Mongolia 2004

Exports and imports of Mongolia in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 856 million.
  • The total value of imports (CIF) was 1,021 million.
  • At the HS6 digit level, 823 products were exported to 66 countries and 3,066 products were imported from 86 countries.

Mongolia top 5 Export and Import partners 2004

Top five countries to which Mongolia exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Mongolia exports to China worth US$ 407 million, with a partner share of 47.57 percent.
  2. Mongolia exports to United States worth US$ 156 million, with a partner share of 18.26 percent.
  3. Mongolia exports to United Kingdom worth US$ 137 million, with a partner share of 16.05 percent.
  4. Mongolia exports to Russian Federation worth US$ 21 million, with a partner share of 2.41 percent.
  5. Mongolia exports to Singapore worth US$ 20 million, with a partner share of 2.32 percent.

Top five countries from which Mongolia imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Mongolia imports from Russian Federation worth US$ 342 million, with a partner share of 33.48 percent.
  2. Mongolia imports from China worth US$ 225 million, with a partner share of 22.03 percent.
  3. Mongolia imports from Japan worth US$ 75 million, with a partner share of 7.34 percent.
  4. Mongolia imports from Korea, Rep. worth US$ 61 million, with a partner share of 5.99 percent.
  5. Mongolia imports from United States worth US$ 46 million, with a partner share of 4.55 percent.

Mongolia Top 5 Productsexports imports at HS 6 digit level 2004

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$ 284,322.59 million.
  2. Mongolia exported Gold in unwrought forms non-monetary , worth US$ 133,114.36 million.
  3. Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 96,482.45 million.
  4. Mongolia exported Fine animal hair, carded or combed , worth US$ 45,893.42 million.
  5. Mongolia exported Jerseys, pullovers, etc, of wool..., knitted or , worth US$ 34,250.08 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$ 215,343.64 million.
  2. Mongolia imported Combed yarn of fine animal hair, not put up for , worth US$ 19,694.02 million.
  3. Mongolia imported Automobiles with reciprocating piston engine di , worth US$ 17,590.71 million.
  4. Mongolia imported Wheat or meslin flour , worth US$ 16,976.91 million.
  5. Mongolia imported Spelt, common wheat and meslin , worth US$ 16,054.14 million.

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Mongolia in 2004 are below

  • The maximum rate of tariff in percentage on any product was 15 percent.
  • The simple average tariff across all products was 4.90 percent.
  • The trade weighted average tariff was 5.02 .
  • The total duty free imports in thousands of US dollars were 15,697.78 and duty free tariff line items share was 1.89 percent.

Development Indicators 2004

Key Development Indicators of Mongolia in 2004 are below

  • Mongolia GDP in current US dollar was 1,992 million.
  • GNI per capita, Atlas method (current US$) was 760.00 .
  • Mongolia Trade balance: as % of GDP was -9.75.
  • Trade balance in current US$ was -194.00 million.
  • Trade as percentage of GDP was 131.33 .
  • Trade in services as percentage of GDP was 38.79 .

Trade Indicators 2004

Trade Indicators for Mongolia in 2004 are below

  • Hirschman Herfindahl market concentration index was 0.36.
  • Index of export market penetration was 1.73.
  • World Growth in percentage was 10.47 and Mongolia Country Growth was 21.97 .