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Mongolia Trade Summary

2007

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 2007

Overall Exports and Imports for Mongolia 2007

Exports and imports of Mongolia in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,887 million.
  • The total value of imports (CIF) was 2,117 million.
  • At the HS6 digit level, 941 products were exported to 71 countries and 3,224 products were imported from 92 countries.

Mongolia top 5 Export and Import partners 2007

Top five countries to which Mongolia exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Mongolia exports to China worth US$ 1,400 million, with a partner share of 74.20 percent.
  2. Mongolia exports to Canada worth US$ 178 million, with a partner share of 9.46 percent.
  3. Mongolia exports to United States worth US$ 64 million, with a partner share of 3.42 percent.
  4. Mongolia exports to Russian Federation worth US$ 57 million, with a partner share of 3.03 percent.
  5. Mongolia exports to Italy worth US$ 56 million, with a partner share of 2.96 percent.

Top five countries from which Mongolia imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Mongolia imports from Russian Federation worth US$ 727 million, with a partner share of 34.32 percent.
  2. Mongolia imports from China worth US$ 658 million, with a partner share of 31.09 percent.
  3. Mongolia imports from Korea, Rep. worth US$ 118 million, with a partner share of 5.59 percent.
  4. Mongolia imports from Japan worth US$ 107 million, with a partner share of 5.07 percent.
  5. Mongolia imports from Germany worth US$ 71 million, with a partner share of 3.34 percent.

Mongolia Top 5 Productsexports imports at HS 6 digit level 2007

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$ 811,415.70 million.
  2. Mongolia exported Gold in unwrought forms non-monetary , worth US$ 177,834.64 million.
  3. Mongolia exported Zinc ores and concentrates , worth US$ 175,462.64 million.
  4. Mongolia exported Other coal, not agglomerated, nes , worth US$ 115,809.67 million.
  5. Mongolia exported Fine animal hair, carded or combed , worth US$ 115,350.22 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$ 551,306.67 million.
  2. Mongolia imported New stamps; stamp-impressed paper; banknotes; c , worth US$ 115,702.97 million.
  3. Mongolia imported Automobiles with reciprocating piston engine di , worth US$ 32,624.17 million.
  4. Mongolia imported Wheat or meslin flour , worth US$ 26,146.53 million.
  5. Mongolia imported Automobiles with reciprocating piston engine di , worth US$ 23,259.57 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Mongolia in 2007 are below

  • The maximum rate of tariff in percentage on any product was 25 percent.
  • The simple average tariff across all products was 4.92 percent.
  • The trade weighted average tariff was 5.10 .
  • The total duty free imports in thousands of US dollars were 27,073.56 and duty free tariff line items share was 1.79 percent.

Development Indicators 2007

Key Development Indicators of Mongolia in 2007 are below

  • Mongolia GDP in current US dollar was 4,235 million.
  • GNI per capita, Atlas method (current US$) was 1,400.00 .
  • Mongolia Trade balance: as % of GDP was 1.35.
  • Trade balance in current US$ was 57.00 million.
  • Trade as percentage of GDP was 117.88 .
  • Trade in services as percentage of GDP was 24.51 .

Trade Indicators 2007

Trade Indicators for Mongolia in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.48.
  • Index of export market penetration was 1.78.
  • World Growth in percentage was 7.58 and Mongolia Country Growth was 8.73 .