Overall Exports and Imports for Mongolia 2020
- The total value of exports (FOB) is US$ 7,576 million.
- The total value of imports (CIF) is US$ 5,299 million.
- At the HS6 digit level, 1,025 products are exported to 74 countries and 3,379 products are imported from 138 countries.
Top 5 Products exports imports at HS 6 digit level 2020
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 US$ 2,090,696.32 million.
- Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 1,787,652.24 million.
- Mongolia exported Copper ores and concentrates , worth US$ 1,778,001.85 million.
- Mongolia exported Non-agglomerated iron ores and concentrates , worth US$ 631,534.98 million.
- Mongolia exported Fine animal hair, not carded or combed , worth US$ 205,088.45 million.
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 US$ 816,863.51 million.
- Mongolia imported Automobiles nes including gas turbine powered , worth US$ 144,116.32 million.
- Mongolia imported Electrical energy , worth US$ 141,667.50 million.
- Mongolia imported Diesel powered trucks with a GVW exceeding twen , worth US$ 136,017.87 million.
- Mongolia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 103,447.68 million.
Mongolia top 5 Export and Import partners 2020
The top five countries to which Mongolia exported 2020 along with the partner share in percentage are:
- Mongolia exports to China worth US$ 5,490 million, with a partner share of 72.46 percent.
- Mongolia exports to Switzerland worth US$ 1,682 million, with a partner share of 22.20 percent.
- Mongolia exports to Singapore worth US$ 151 million, with a partner share of 2.00 percent.
- Mongolia exports to United Kingdom worth US$ 84 million, with a partner share of 1.11 percent.
- Mongolia exports to Russian Federation worth US$ 57 million, with a partner share of 0.76 percent.
The top five countries to which Mongolia imported goods 2020 along with the share in percentage are
- Mongolia imports from China worth US$ 1,893 million, with a partner share of 35.72 percent.
- Mongolia imports from Russian Federation worth US$ 1,400 million, with a partner share of 26.42 percent.
- Mongolia imports from Japan worth US$ 407 million, with a partner share of 7.68 percent.
- Mongolia imports from United States worth US$ 245 million, with a partner share of 4.63 percent.
- Mongolia imports from Korea, Rep. worth US$ 236 million, with a partner share of 4.45 percent.
Mongolia Exports and Imports of Product Groups 2020
Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import.
- Mongolia Raw materials exports are worth US$ 5,533 million, product share of 73.03%.
- Mongolia Raw materials imports are worth US$ 152 million, product share of 2.87%.
- Mongolia Intermediate goods exports are worth US$ 1,882 million, product share of 24.84%.
- Mongolia Intermediate goods imports are worth US$ 883 million, product share of 16.67%.
- Mongolia Consumer goods exports are worth US$ 125 million, product share of 1.65%.
- Mongolia Consumer goods imports are worth US$ 2,566 million, product share of 48.42%.
- Mongolia Capital goods exports are worth US$ 36 million, product share of 0.48%.
- Mongolia Capital goods imports are worth US$ 1,698 million, product share of 32.04%.
Mongolia Trade Indicators 2020
- Hirschman Herfindahl Market concentration index is 0.69.
- Index of export market penetration is 0.69.
- World Growth in percentage is 0.69 and Mongolia Country Growth is -7.35.
Mongolia Service Trade data from WDI 2020
- Mongolia, Service imports (BoP, current US$) is 2,105,155,179.98.
- Mongolia, Service exports (BoP, current US$) is 654,919,699.23.
- Mongolia, Imports of goods and services as percentage of GDP is 54.57 %.
- Mongolia, Exports of goods and services as percentage of GDP is 58.96 %.