Mongolia Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Mongolia monthly trade data
Mongolia quarterly trade data

Country / Region
Year
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Mongolia

2020

Overall Exports and Imports

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

Trade Indicator

HH Market concentration index0.69
Index of export market penetration1.99
World Growth-3.91
Country Growth-7.35

Service Indicators 2020

Service imports (BoP, current US$)2,105,155,179.98
Service exports (BoP, current US$)654,919,699.23
Imports of goods and services (% of GDP)54.57
Exports of goods and services (% of GDP)58.96

Mongolia 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

Mongolia 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

Top 5 Products exports imports at HS 6 digit level

Exports
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
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

Tariff and Trade Barriers for Mongolia

Tariffs 2020

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

Overall Trade Restrictiveness Index (OTRI) 2009

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff (2009)0.05
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.05

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All13.70

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2020 WDI »
Population3,170,208
GDP (current US$ Mil)13,137
GNI per capita, Atlas method (current US$)3,670.00
Trade Balance (current US$ Mil)577.00
Trade Balance (% of GDP)4.39

Doing Business

2019 Doing Business »
Ease of Doing Business Rank81
Trading Across Borders Rank143

Country Policy and Institutional Assessment (CPIA)

2018 CPIA »
CPIA Trade Ratings4

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.51
LPI Rank108