Overall Exports and Imports for Mongolia 2021
- The total value of exports (FOB) is US$ 9,241 million.
- The total value of imports (CIF) is US$ 6,844 million.
- At the HS6 digit level, 899 products are exported to 64 countries and 3,434 products are imported from 152 countries.
Top 5 Products exports imports at HS 6 digit level 2021
The top five exported HS 6 digit level products to world by Mongolia along with trade value are:
- Mongolia exported Copper ores and concentrates , worth US$ 2,899,857.30 million.
- Mongolia exported Bituminous coal, not agglomerated , worth US$ 2,741,531.36 million.
- Mongolia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 1,004,519.99 million.
- Mongolia exported Non-agglomerated iron ores and concentrates , worth US$ 939,293.36 million.
- Mongolia exported Fine animal hair, not carded or combed , worth US$ 276,422.15 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$ 1,131,771.73 million.
- Mongolia imported Diesel powered trucks with a GVW exceeding twen , worth US$ 246,390.64 million.
- Mongolia imported Automobiles nes including gas turbine powered , worth US$ 179,689.22 million.
- Mongolia imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 163,020.37 million.
- Mongolia imported Electrical energy , worth US$ 160,208.00 million.
Mongolia top 5 Export and Import partners 2021
The top five countries to which Mongolia exported 2021 along with the partner share in percentage are:
- Mongolia exports to China worth US$ 7,633 million, with a partner share of 82.60 percent.
- Mongolia exports to Switzerland worth US$ 870 million, with a partner share of 9.41 percent.
- Mongolia exports to Singapore worth US$ 254 million, with a partner share of 2.75 percent.
- Mongolia exports to Korea, Rep. worth US$ 223 million, with a partner share of 2.42 percent.
- Mongolia exports to Russian Federation worth US$ 113 million, with a partner share of 1.22 percent.
The top five countries to which Mongolia imported goods 2021 along with the share in percentage are
- Mongolia imports from China worth US$ 2,490 million, with a partner share of 36.39 percent.
- Mongolia imports from Russian Federation worth US$ 1,955 million, with a partner share of 28.56 percent.
- Mongolia imports from Japan worth US$ 453 million, with a partner share of 6.62 percent.
- Mongolia imports from Korea, Rep. worth US$ 309 million, with a partner share of 4.51 percent.
- Mongolia imports from Germany worth US$ 223 million, with a partner share of 3.25 percent.
Mongolia Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Mongolia Raw materials exports are worth US$ 7,917 million, product share of 85.67%.
- Mongolia Raw materials imports are worth US$ 250 million, product share of 3.65%.
- Mongolia Intermediate goods exports are worth US$ 1,174 million, product share of 12.71%.
- Mongolia Intermediate goods imports are worth US$ 1,123 million, product share of 16.41%.
- Mongolia Consumer goods exports are worth US$ 104 million, product share of 1.13%.
- Mongolia Consumer goods imports are worth US$ 3,405 million, product share of 49.75%.
- Mongolia Capital goods exports are worth US$ 46 million, product share of 0.49%.
- Mongolia Capital goods imports are worth US$ 2,067 million, product share of 30.20%.
Mongolia Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.71.
- Index of export market penetration is 0.71.
- World Growth in percentage is 0.71 and Mongolia Country Growth is 15.27.
Mongolia Service Trade data from WDI 2021
- Mongolia, Service imports (BoP, current US$) is 2,489,828,549.88.
- Mongolia, Service exports (BoP, current US$) is 814,472,603.33.
- Mongolia, Imports of goods and services as percentage of GDP is 60.55 %.
- Mongolia, Exports of goods and services as percentage of GDP is 58.55 %.