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Mongolia Trade Summary

2014

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 2014

Overall Exports and Imports for Mongolia 2014

Exports and imports of Mongolia in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,774 million.
  • The total value of imports (CIF) was 5,131 million.
  • At the HS6 digit level, 1,153 products were exported to 68 countries and 3,272 products were imported from 132 countries.

Mongolia top 5 Export and Import partners 2014

Top five countries to which Mongolia exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Mongolia exports to China worth US$ 5,070 million, with a partner share of 87.80 percent.
  2. Mongolia exports to United Kingdom worth US$ 399 million, with a partner share of 6.91 percent.
  3. Mongolia exports to Russian Federation worth US$ 62 million, with a partner share of 1.07 percent.
  4. Mongolia exports to Italy worth US$ 51 million, with a partner share of 0.89 percent.
  5. Mongolia exports to Switzerland worth US$ 28 million, with a partner share of 0.49 percent.

Top five countries from which Mongolia imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Mongolia imports from China worth US$ 1,699 million, with a partner share of 33.12 percent.
  2. Mongolia imports from Russian Federation worth US$ 1,535 million, with a partner share of 29.92 percent.
  3. Mongolia imports from Japan worth US$ 367 million, with a partner share of 7.16 percent.
  4. Mongolia imports from Korea, Rep. worth US$ 351 million, with a partner share of 6.83 percent.
  5. Mongolia imports from United States worth US$ 217 million, with a partner share of 4.23 percent.

Mongolia Top 5 Productsexports imports at HS 6 digit level 2014

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 2,574,706.13 (US$ Thousands).
  2. Mongolia exported Bituminous coal, not agglomerated , worth 834,090.22 (US$ Thousands).
  3. Mongolia exported Petroleum oils and oils obtained from bituminou , worth 634,611.36 (US$ Thousands).
  4. Mongolia exported Non-agglomerated iron ores and concentrates , worth 446,378.14 (US$ Thousands).
  5. Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth 405,234.22 (US$ Thousands).

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 1,154,614.17 (US$ Thousands).
  2. Mongolia imported Electrical energy , worth 130,021.83 (US$ Thousands).
  3. Mongolia imported Automobiles nes including gas turbine powered , worth 92,958.41 (US$ Thousands).
  4. Mongolia imported Portland cement (excl. white) , worth 87,466.25 (US$ Thousands).
  5. Mongolia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 81,283.30 (US$ Thousands).

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Mongolia in 2014 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 2014

Key Development Indicators of Mongolia in 2014 are below

  • Mongolia GDP in current US dollar was 12,227 million.
  • GNI per capita, Atlas method (current US$) was 4,270.00 .
  • Mongolia Trade balance: as % of GDP was -4.82.
  • Trade balance in current US$ was -590.00 million.
  • Trade as percentage of GDP was 109.32 .
  • Trade in services as percentage of GDP was 20.47 .

Trade Indicators 2014

Trade Indicators for Mongolia in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.78.
  • Index of export market penetration was 1.76.
  • World Growth in percentage was 0.08 and Mongolia Country Growth was 17.37 .