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

2018

Overall Exports and Imports

Exports
Exports (in US$ Mil) 7,012
No. Of products 1,153
No. Of partners 76
Imports
Imports (in US$ Mil) 5,875
No. Of products 3,470
No. Of partners 151

Trade Indicator

HH Market concentration index0.74
Index of export market penetration1.93
World Growth3.50
Country Growth9.37

Service Indicators 2018

Service imports (BoP, current US$)2,606,458,070.90
Service exports (BoP, current US$)1,157,453,272.70
Imports of goods and services (% of GDP)64.23
Exports of goods and services (% of GDP)58.66

Mongolia top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
China6,506 92.78
United Kingdom173 2.47
Russian Federation86 1.23
Italy54 0.77
Singapore30 0.43
Exporter Trade (US$ Mil) Partner share(%)
China1,969 33.51
Russian Federation1,710 29.11
Japan561 9.55
Korea, Rep.262 4.47
United States212 3.60

Mongolia Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials6,485 92.48 181 3.08 5.54
Intermediate goods320 4.56 966 16.44 4.96
Consumer goods157 2.24 2,947 50.17 6.24
Capital goods51 0.72 1,781 30.32 4.41

Top 5 Products exports imports at HS 6 digit level

Exports
Bituminous coal, not ...2,676,516.69
Copper ores and conc ...2,012,194.42
Petroleum oils and o ...391,987.75
Non-agglomerated iro ...341,681.46
Fine animal hair, no ...281,084.69
Imports
Petroleum oils, etc, ...1,112,347.64
Dump trucks designed ...152,492.57
Electrical energy142,539.13
Automobiles nes incl ...135,677.68
Automobiles with rec ...124,292.82

Tariff and Trade Barriers for Mongolia

Tariffs 2018

No. Of Tariff Agreement 2
Simple Average (%) 5.04
Duty Free Imports (US$ Thousand) 225,912.28
Maximum Rate (%) 40
Weighted Average (%) 5.26
Duty Free Tariff Lines Share (%) 4.30

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)

2018 WDI »
Population3,170,208
GDP (current US$ Mil)13,067
GNI per capita, Atlas method (current US$)3,660.00
Trade Balance (current US$ Mil)-728.00
Trade Balance (% of GDP)-5.57

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