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Mongolia Trade Summary

2016

Mongolia exports, imports, tariff by year.
Mongolia monthly trade data
Mongolia quarterly trade data

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 2016

Overall Exports and Imports for Mongolia 2016

Exports and imports of Mongolia in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,916 million.
  • The total value of imports (CIF) was 3,340 million.
  • At the HS6 digit level, 1,160 products were exported to 74 countries and 3,427 products were imported from 149 countries.

Mongolia top 5 Export and Import partners 2016

Top five countries to which Mongolia exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Mongolia exports to China worth US$ 3,883 million, with a partner share of 78.98 percent.
  2. Mongolia exports to United Kingdom worth US$ 787 million, with a partner share of 16.01 percent.
  3. Mongolia exports to Russian Federation worth US$ 56 million, with a partner share of 1.13 percent.
  4. Mongolia exports to Germany worth US$ 43 million, with a partner share of 0.88 percent.
  5. Mongolia exports to Italy worth US$ 34 million, with a partner share of 0.68 percent.

Top five countries from which Mongolia imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Mongolia imports from China worth US$ 1,040 million, with a partner share of 31.15 percent.
  2. Mongolia imports from Russian Federation worth US$ 862 million, with a partner share of 25.81 percent.
  3. Mongolia imports from Japan worth US$ 331 million, with a partner share of 9.90 percent.
  4. Mongolia imports from Korea, Rep. worth US$ 198 million, with a partner share of 5.93 percent.
  5. Mongolia imports from United States worth US$ 139 million, with a partner share of 4.17 percent.

Mongolia Top 5 Productsexports imports at HS 6 digit level 2016

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$ 1,607,754.34 million.
  2. Mongolia exported Bituminous coal, not agglomerated , worth US$ 955,088.51 million.
  3. Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 758,374.02 million.
  4. Mongolia exported Petroleum oils and oils obtained from bituminou , worth US$ 337,180.57 million.
  5. Mongolia exported Non-agglomerated iron ores and concentrates , worth US$ 249,890.54 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$ 512,088.17 million.
  2. Mongolia imported Electrical energy , worth US$ 125,355.07 million.
  3. Mongolia imported Automobiles nes including gas turbine powered , worth US$ 100,490.01 million.
  4. Mongolia imported Automobiles with reciprocating piston engine di , worth US$ 56,490.87 million.
  5. Mongolia imported Other medicaments of mixed or unmixed products, , worth US$ 53,506.66 million.

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Mongolia in 2016 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 2016

Key Development Indicators of Mongolia in 2016 are below

  • Mongolia GDP in current US dollar was 11,187 million.
  • GNI per capita, Atlas method (current US$) was 3,530.00 .
  • Mongolia Trade balance: as % of GDP was 4.79.
  • Trade balance in current US$ was 536.00 million.
  • Trade as percentage of GDP was 95.61 .
  • Trade in services as percentage of GDP was 26.28 .

Trade Indicators 2016

Trade Indicators for Mongolia in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.63.
  • Index of export market penetration was 1.71.
  • World Growth in percentage was -1.59 and Mongolia Country Growth was 1.26 .