Mongolia Trade Summary

2020 Data

Mongolia exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 7,576
No. Of products: 1,025
No. Of partners: 74
Importsmore »
Imports (in US$ Mil): 5,299
No. Of products: 3,379
No. Of partners: 138

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Bituminous coal, not ...2,090,696.32
Gold in oth semi-man ...1,787,652.24
Copper ores and conc ...1,778,001.85
Non-agglomerated iro ...631,534.98
Fine animal hair, no ...205,088.45
Imports (US$ Thousands)
Petroleum oils, etc, ...816,863.51
Automobiles nes incl ...144,116.32
Electrical energy141,667.50
Diesel powered truck ...136,017.87
Bars&rods,i/nas,hr,h ...103,447.68

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China5,490 72.46
Switzerland1,682 22.20
Singapore151 2.00
United Kingdom84 1.11
Russian Federation57 0.76
Exporter Trade (US$ Mil) Partner share(%)
China1,893 35.72
Russian Federation1,400 26.42
Japan407 7.68
United States245 4.63
Korea, Rep.236 4.45

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials5,533 73.03 152 2.87 5.65
Intermediate goods1,882 24.84 883 16.67 5.03
Consumer goods125 1.65 2,566 48.42 6.37
Capital goods36 0.48 1,698 32.04 4.47

Trade Indicators

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HH Market concentration index: 0.69
Index of export market penetration: 1.99
World Growth: -3.91
Country Growth: -7.35

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 40
Simple Average (%): 5.02
Weighted Average (%): 5.30
Duty Free Imports (US$ Thousand): 214,888.23
Duty Free Tariff Lines Share (%): 4.19

Development Indicators

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GDP (current US$): 13,137
GNI per capita, Atlas method (current US$): 3,670.00
Trade Balance (% of GDP): 4.39
Trade Balance (current US$ Mil): 577.00
Trade in services (% of GDP): 21.01
Trade (% of GDP): 113.53