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Mongolia Trade at a Glance : Most Recent Values

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

Mongolia exports, imports, trade and tariff indicators 2022

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Mongolia Trade

Overall Exports and Imports for Mongolia 2023

The total value of exports (FOB) is US$ 15,184 million.
The total value of imports (CIF) is US$ 9,252 million.
The total trade was US$ 24,437 million.
The trade balance was US$ 5,932 million.

China Monthly Exports and imports, in Dec 2023

The total value of exports (FOB) is US$ 446,231 K.
The total value of imports (CIF) is US$ 657,290 K.
The total trade was US$ 1,103,521 K.
The trade balance was US$ -211,059 K.

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 13.15.

Mongolia Service Trade data from WDI 2023

Mongolia, Service imports (BoP, current US$) is 4,179,246,508.20.
Mongolia, Service exports (BoP, current US$) is 1,586,970,394.33.
Mongolia, Imports of goods and services as percentage of GDP is 66.61 %.
Mongolia, Exports of goods and services as percentage of GDP is 76.26 %.

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.

Mongolia Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 33,482 million.
FDI Inward stock flow (in US$ Mil) was US$ 2,782 million.
FDI Outward stock (in US$ Mil) was US$ 1,127 million.
FDI Outward stock flow (in US$ Mil) was US$ 55 million.

Non-Tariff Measures (NTM)

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

Mongolia World Development Indicators (WDI) 2023

Key Development Indicators of Mongolia in 2023 are below

The population of Mongolia is 3,170,208.
GDP in US$ is 20,325 million .
GNI per capita, Atlas method in current US dollars is 4,870.00.
Trade balance in US$ is 1,961.00 million.
Trade in services as percentage of GDP is 9.65 %.

WDI

Mongolia Global Value Chain (GVC) 2022

GVC related output as percentage of output was 4 %.
GVC related trade as percentage of trade was 51 %.

GVC

Mongolia Services Service Policy Restrictive Database (SPRD)

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

SPRD