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Mongolia Trade Summary

2015

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 2015

Overall Exports and Imports for Mongolia 2015

Exports and imports of Mongolia in 2015 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,669 million.
  • The total value of imports (CIF) was 3,797 million.
  • At the HS6 digit level, 1,057 products were exported to 69 countries and 3,416 products were imported from 143 countries.

Mongolia top 5 Export and Import partners 2015

Top five countries to which Mongolia exported in 2015 are below, along with the percent of total exports that went to that country:

  1. Mongolia exports to China worth US$ 3,897 million, with a partner share of 83.47 percent.
  2. Mongolia exports to United Kingdom worth US$ 338 million, with a partner share of 7.23 percent.
  3. Mongolia exports to Switzerland worth US$ 109 million, with a partner share of 2.34 percent.
  4. Mongolia exports to Russian Federation worth US$ 77 million, with a partner share of 1.65 percent.
  5. Mongolia exports to Korea, Rep. worth US$ 67 million, with a partner share of 1.43 percent.

Top five countries from which Mongolia imported goods in 2015 are below, along with percent of total imports that came from the country :

  1. Mongolia imports from China worth US$ 1,361 million, with a partner share of 35.84 percent.
  2. Mongolia imports from Russian Federation worth US$ 1,021 million, with a partner share of 26.88 percent.
  3. Mongolia imports from Japan worth US$ 275 million, with a partner share of 7.23 percent.
  4. Mongolia imports from Korea, Rep. worth US$ 259 million, with a partner share of 6.81 percent.
  5. Mongolia imports from Germany worth US$ 124 million, with a partner share of 3.28 percent.

Mongolia Top 5 Productsexports imports at HS 6 digit level 2015

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$ 2,280,135.31 million.
  2. Mongolia exported Bituminous coal, not agglomerated , worth US$ 534,588.74 million.
  3. Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 419,708.20 million.
  4. Mongolia exported Petroleum oils and oils obtained from bituminou , worth US$ 387,217.28 million.
  5. Mongolia exported Non-agglomerated iron ores and concentrates , worth US$ 227,199.72 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$ 707,632.29 million.
  2. Mongolia imported Electrical energy , worth US$ 129,181.66 million.
  3. Mongolia imported Automobiles nes including gas turbine powered , worth US$ 93,344.45 million.
  4. Mongolia imported Cigarettes containing tobacco , worth US$ 52,239.39 million.
  5. Mongolia imported Automobiles with reciprocating piston engine di , worth US$ 46,492.80 million.

Exports and Imports of Product Groups 2015

Exports and imports of products by stages of processing in 2015 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2015

Tariffs imposed by Mongolia in 2015 are below

  • The maximum rate of tariff in percentage on any product was 25 percent.
  • The simple average tariff across all products was 4.93 percent.
  • The trade weighted average tariff was 4.57 .
  • The total duty free imports in thousands of US dollars were 73,361.14 and duty free tariff line items share was 1.80 percent.

Development Indicators 2015

Key Development Indicators of Mongolia in 2015 are below

  • Mongolia GDP in current US dollar was 11,750 million.
  • GNI per capita, Atlas method (current US$) was 3,820.00 .
  • Mongolia Trade balance: as % of GDP was 1.00.
  • Trade balance in current US$ was 118.00 million.
  • Trade as percentage of GDP was 90.29 .
  • Trade in services as percentage of GDP was 17.81 .

Trade Indicators 2015

Trade Indicators for Mongolia in 2015 are below

  • Hirschman Herfindahl market concentration index was 0.70.
  • Index of export market penetration was 1.78.
  • World Growth in percentage was -6.61 and Mongolia Country Growth was -11.40 .