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Mongolia Trade

Latest trade data available from various sources.
Mongolia monthly trade data
Mongolia quarterly trade data

Please note: The data from various sources are not from the same year.

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

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:

  1. Mongolia exports to China worth US$ 10,587 million, with a partner share of 84.30 percent.
  2. Mongolia exports to Switzerland worth US$ 1,031 million, with a partner share of 8.21 percent.
  3. Mongolia exports to Singapore worth US$ 346 million, with a partner share of 2.75 percent.
  4. Mongolia exports to Korea, Rep. worth US$ 254 million, with a partner share of 2.02 percent.
  5. 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

  1. Mongolia imports from China worth US$ 3,043 million, with a partner share of 34.79 percent.
  2. Mongolia imports from Russian Federation worth US$ 2,653 million, with a partner share of 30.33 percent.
  3. Mongolia imports from Japan worth US$ 674 million, with a partner share of 7.71 percent.
  4. Mongolia imports from Korea, Rep. worth US$ 425 million, with a partner share of 4.86 percent.
  5. 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.


Tariff and Trade Barriers

Tariffs 2022

Tariffs imposed by Mongolia in 2022 are below.

  • The maximum rate of tariff in percentage on any product is 40.
  • The simple average tariff across all products is 5.04.
  • The trade weighted average tariff is 5.36.
  • The total duty free imports in thousands of US dollars are 259,036.55 and duty free tariff line items share is 4.32.

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.05.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.05.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Mongolia World Development Indicators (WDI) 2022

Key Development Indicators of Mongolia in 2022 are below

WDI

Mongolia Doing Business 2019

  • The ease of doing business rank for Mongolia is 81.
  • The trade across border rank is 143.
Doing Business

Mongolia Country Policy and Institutional Assessment (CPIA), 2018

  • The CPIA Trade Ratings for 2018 is 4.
CPIA

MongoliaLogistics Performance Index (LPI) 2016

  • The LPI score for Mongolia in 2016 is 2.51.
  • The LPI rank is 108.
LPI

Mongolia Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Mongolia is 13.70.
SPRD