Mongolia: Trade Statistics
Exporter Rank
78 / 127
Importer Rank
93 / 127
Trade Balance Rank
37 / 127
Total Trade [1]
Total Exports (2019) | $7,619,753,899 |
---|---|
Total Imports (2019) | $6,127,355,631 |
Trade Balance (2019) | $1,492,398,268 |
Exports of goods and services (% of GDP) (2020) [2] | 57.66% |
Imports of goods and services (% of GDP) (2020) [2] | 55.18% |
Trade Partners [1]
Export Partners
Top 10 Export Countries
Country | Export USD$ |
---|---|
China | $6,772,662,873 |
United Kingdom | $291,092,228 |
Singapore | $154,580,629 |
Switzerland | $74,986,343 |
Russia | $68,093,301 |
Italy | $45,298,764 |
Australia | $39,612,579 |
South Korea | $27,814,983 |
United States | $25,997,482 |
Iran | $21,137,919 |
Import Partners
Top 10 Import Countries
Country | Import USD$ |
---|---|
China | $2,036,805,066 |
Russia | $1,729,863,706 |
Japan | $585,477,274 |
United States | $289,626,805 |
South Korea | $266,965,194 |
Germany | $188,807,014 |
Poland | $64,450,569 |
Italy | $60,052,835 |
Australia | $57,069,468 |
Vietnam | $56,968,655 |
Traded Goods [1] (at the 2-digit HS Code level)
Top 10 Export Goods
HS Code | Export USD$ |
---|---|
(27) Oil & Mineral Fuels | $3,485,104,005 |
(26) Ores | $2,686,198,519 |
(71) Precious Stones & Metals | $419,075,827 |
(51) Wool | $374,567,723 |
(25) Natural Minerals & Stone | $206,166,187 |
(02) Meat | $84,526,778 |
(74) Copper | $68,912,416 |
(16) Prepared Meats | $50,362,341 |
(61) Apparel: Knit | $50,315,517 |
(88) Aircraft | $42,245,212 |
Top 10 Import Goods
HS Code | Import USD$ |
---|---|
(27) Oil & Mineral Fuels | $1,359,922,287 |
(87) Motor Vehicles & Parts | $991,750,257 |
(84) Industrial Machinery | $867,579,272 |
(85) Electrical Machinery | $373,099,810 |
(73) Iron & Steel Articles | $294,419,425 |
(72) Iron & Steel | $194,304,225 |
(88) Aircraft | $157,510,880 |
(39) Plastics | $138,693,447 |
(40) Rubber | $121,558,946 |
(30) Pharmaceuticals | $107,886,667 |
Sources:
- UN Comtrade (2019) except where stated otherwise.
- The World Bank. Accessed: 1/21/2022
Mongolia