Overall Exports and Imports for Mongolia 2022
- The total value of exports (FOB) is US$ 12,558 million.
- The total value of imports (CIF) is US$ 8,747 million.
- At the HS6 digit level, 1,092 products are exported to 72 countries and 3,568 products are imported from 156 countries.
Top 5 Products exports imports at HS 6 digit level 2022
The top five exported HS 6 digit level products to world by Mongolia along with trade value are:
- Mongolia exported Bituminous coal, not agglomerated , worth 6,467,372.51 (US$ Thousands).
- Mongolia exported Copper ores and concentrates , worth 2,734,846.16 (US$ Thousands).
- Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth 1,104,152.52 (US$ Thousands).
- Mongolia exported Non-agglomerated iron ores and concentrates , worth 387,496.28 (US$ Thousands).
- Mongolia exported Fine animal hair, not carded or combed , worth 343,092.17 (US$ Thousands).
The top five imported HS 6 digit level products from world by Mongolia along with trade value are
- Mongolia imported Petroleum oils, etc, (excl. crude); preparation , worth 1,723,671.65 (US$ Thousands).
- Mongolia imported Automobiles nes including gas turbine powered , worth 275,849.53 (US$ Thousands).
- Mongolia imported Diesel powered trucks with a GVW exceeding twen , worth 232,684.70 (US$ Thousands).
- Mongolia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 221,364.81 (US$ Thousands).
- Mongolia imported Electrical energy , worth 182,278.96 (US$ Thousands).
Mongolia top 5 Export and Import partners 2022
The top five countries to which Mongolia exported 2022 along with the partner share in percentage are:
- Mongolia exports to China worth US$ 10,587 million, with a partner share of 84.30 percent.
- Mongolia exports to Switzerland worth US$ 1,031 million, with a partner share of 8.21 percent.
- Mongolia exports to Singapore worth US$ 346 million, with a partner share of 2.75 percent.
- Mongolia exports to Korea, Rep. worth US$ 254 million, with a partner share of 2.02 percent.
- Mongolia exports to Russian Federation worth US$ 112 million, with a partner share of 0.89 percent.
The top five countries to which Mongolia imported goods 2022 along with the share in percentage are
- Mongolia imports from China worth US$ 3,043 million, with a partner share of 34.79 percent.
- Mongolia imports from Russian Federation worth US$ 2,653 million, with a partner share of 30.33 percent.
- Mongolia imports from Japan worth US$ 674 million, with a partner share of 7.71 percent.
- Mongolia imports from Korea, Rep. worth US$ 425 million, with a partner share of 4.86 percent.
- Mongolia imports from United States worth US$ 265 million, with a partner share of 3.03 percent.
Mongolia Exports and Imports of Product Groups 2022
Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.
- Mongolia Raw materials exports are worth US$ 11,075 million, product share of 88.19%.
- Mongolia Raw materials imports are worth US$ 216 million, product share of 2.47%.
- Mongolia Intermediate goods exports are worth US$ 1,310 million, product share of 10.43%.
- Mongolia Intermediate goods imports are worth US$ 1,471 million, product share of 16.82%.
- Mongolia Consumer goods exports are worth US$ 99 million, product share of 0.78%.
- Mongolia Consumer goods imports are worth US$ 4,688 million, product share of 53.59%.
- Mongolia Capital goods exports are worth US$ 73 million, product share of 0.58%.
- Mongolia Capital goods imports are worth US$ 2,371 million, product share of 27.10%.
Mongolia Trade Indicators 2022
- Hirschman Herfindahl Market concentration index is 0.78.
- Index of export market penetration is 0.78.
- World Growth in percentage is 0.78 and Mongolia Country Growth is 13.11.
Mongolia Service Trade data from WDI 2022
- Mongolia, Service imports (BoP, current US$) is 3,490,156,255.12.
- Mongolia, Service exports (BoP, current US$) is 1,135,118,136.28.
- Mongolia, Imports of goods and services as percentage of GDP is 75.26 %.
- Mongolia, Exports of goods and services as percentage of GDP is 69.69 %.