Mongolia Trade Summary

2022 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): 12,558
No. Of products: 1,092
No. Of partners: 72
Importsmore »
Imports (in US$ Mil): 8,747
No. Of products: 3,568
No. Of partners: 156

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Bituminous coal, not ...6,467,372.51
Copper ores and conc ...2,734,846.16
Gold in oth semi-man ...1,104,152.52
Non-agglomerated iro ...387,496.28
Fine animal hair, no ...343,092.17
Imports (US$ Thousands)
Petroleum oils, etc, ...1,723,671.65
Automobiles nes incl ...275,849.53
Diesel powered truck ...232,684.70
Bars&rods,i/nas,hr,h ...221,364.81
Electrical energy182,278.96

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China10,587 84.30
Switzerland1,031 8.21
Singapore346 2.75
Korea, Rep.254 2.02
Russian Federation112 0.89
Exporter Trade (US$ Mil) Partner share(%)
China3,043 34.79
Russian Federation2,653 30.33
Japan674 7.71
Korea, Rep.425 4.86
United States265 3.03

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials11,075 88.19 216 2.47 5.34
Intermediate goods1,310 10.43 1,471 16.82 5.02
Consumer goods99 0.78 4,688 53.59 6.51
Capital goods73 0.58 2,371 27.10 4.23

Trade Indicators

more »
HH Market concentration index: 0.78
Index of export market penetration: 2.15
World Growth: 5.18
Country Growth: 13.11

Tariffs

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No Of Tariff Agreement: 3
Maximum Rate (%): 40
Simple Average (%): 5.04
Weighted Average (%): 5.36
Duty Free Imports (US$ Thousand): 259,036.55
Duty Free Tariff Lines Share (%): 4.32

Development Indicators

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GDP (current US$): 16,811
GNI per capita, Atlas method (current US$): 4,210.00
Trade Balance (% of GDP): -5.57
Trade Balance (current US$ Mil): -936.00
Trade in services (% of GDP): 27.51
Trade (% of GDP): 144.95