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

2019

Overall Exports and Imports

Exports
Exports (in US$ Mil) 7,620
No. Of products 1,178
No. Of partners 78
Imports
Imports (in US$ Mil) 6,127
No. Of products 3,502
No. Of partners 147

Trade Indicator

HH Market concentration index0.76
Index of export market penetration1.91
World Growth-1.13
Country Growth-1.40

Service Indicators 2019

Service imports (BoP, current US$)3,224,448,846.00
Service exports (BoP, current US$)1,232,732,096.00
Imports of goods and services (% of GDP)66.11
Exports of goods and services (% of GDP)60.10

Mongolia top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China6,773 88.88
United Kingdom291 3.82
Singapore155 2.03
Switzerland75 0.98
Russian Federation68 0.89
Exporter Trade (US$ Mil) Partner share(%)
China2,037 33.24
Russian Federation1,730 28.23
Japan585 9.56
United States290 4.73
Korea, Rep.267 4.36

Mongolia Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6,775 88.91 144 2.34 5.42
Intermediate goods590 7.75 970 15.83 5.03
Consumer goods145 1.91 3,022 49.33 6.39
Capital goods109 1.43 1,991 32.49 4.48

Top 5 Products exports imports at HS 6 digit level

Exports
Bituminous coal, not ...3,058,711.24
Copper ores and conc ...1,795,868.37
Non-agglomerated iro ...571,410.60
Gold in oth semi-man ...418,394.40
Petroleum oils and o ...366,665.79
Imports
Petroleum oils, etc, ...1,165,775.90
Dump trucks designed ...296,824.99
Automobiles nes incl ...156,622.22
Electrical energy144,445.88
Automobiles with rec ...129,577.13

Tariff and Trade Barriers for Mongolia

Tariffs 2019

No. Of Tariff Agreement 2
Simple Average (%) 5.03
Duty Free Imports (US$ Thousand) 214,934.56
Maximum Rate (%) 40
Weighted Average (%) 5.31
Duty Free Tariff Lines Share (%) 4.20

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)

2019 WDI »
Population3,170,208
GDP (current US$ Mil)13,997
GNI per capita, Atlas method (current US$)3,790.00
Trade Balance (current US$ Mil)-841.00
Trade Balance (% of GDP)-6.01

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