Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Mongolia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2005 - 2016

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TOTAL. ALL COMMODITIESMongoliaWorldExportsValue (US$)1,064,384,730.001,542,321,443.001,886,552,768.004,269,055,846.005,774,330,896.004,669,280,457.004,916,326,458.00
Value Growth, YoY (%)24.3444.9022.3135.26-19.135.29
ImportsValue (US$)1,182,558,833.001,485,599,162.002,117,033,711.006,357,821,461.005,131,455,440.003,796,591,418.003,339,603,834.00
Value Growth, YoY (%)15.8025.6242.50-19.28-26.01-12.03

The value of merchandise exports from Mongolia totalled $ 4.91 billion in 2016. Merchandise exports from Mongolia increased by 5.29% compared to 2015. Goods exports grew up by $ 247 million in 2016 (the value of merchandise exports from Mongolia amounted to $4.66 billion in 2015)

Mongolia's exports 2016 by country

Top export destinations of commodities from Mongolia in 2016:

  • China with a share of 78% (3.88 billion US$)
  • United Kingdom with a share of 16% (786 million US$)
  • Russia with a share of 1.13% (55 million US$)
  • Germany - 43 million US$
  • Italy - 33 million US$
  • Singapore - 16.9 million US$
  • Japan - 14 million US$
  • Hong Kong - 10.4 million US$
  • USA - 10.4 million US$
  • Korea - 8.47 million US$

Exports structure from Mongolia in 2016 represented by the following main commodity groups:

  • 42% (2.1 billion US$): 26 - Ores, slag and ash
  • 26% (1.31 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 15.4% (761 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 5.44% (267 million US$): 51 - Wool, fine or coarse animal hair; horsehair yarn and woven fabric
  • 1.52% (75 million US$): 74 - Copper and articles thereof
  • 1.25% (61 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.19% (58 million US$): 25 - Salt; sulfur; earths and stone; plastering materials, lime and cement
  • 0.757% (37 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 0.679% (33 million US$): 08 - Edible fruit and nuts; peel of citrus fruit or melons
  • 0.655% (32 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof

What did Mongolia export in 2016?

Mongolia's Top Exports in 2016:

  • 32% ($1.6 billion): 2603 - Copper ores and concentrates
  • 19.7% ($971 million): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 15.4% ($758 million): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 6.85% ($337 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 5.08% ($249 million): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 4.3% ($211 million): 5102 - Fine or coarse animal hair, not carded or combed
  • 2.95% ($145 million): 2608 - Zinc ores and concentrates
  • 1.5% ($74 million): 7403 - Refined copper and copper alloys, unwrought.
  • 1.19% ($58 million): 2529 - Feldspar; leucite, nepheline and nepheline syenite; fluorspar
  • 0.779% ($38 million): 2616 - Precious metal ores and concentrates

The value of merchandise imports to Mongolia totalled $ 3.33 billion in 2016. Overall commodity imports to Mongolia decreased by 12% compared to 2015. Merchandise imports decreased by $ 456 million (the value of merchandise imports to Mongolia was equal to $3.79 billion in 2015)

Mongolia's imports 2016 by country

Top trading partners (import sources) of Mongolia in 2016:

  • China with a share of 31% (1.04 billion US$)
  • Russia with a share of 25% (861 million US$)
  • Japan with a share of 9.89% (330 million US$)
  • Korea with a share of 5.92% (197 million US$)
  • USA with a share of 4.17% (139 million US$)
  • Germany with a share of 3.59% (120 million US$)
  • Malaysia with a share of 1.22% (41 million US$)
  • Poland with a share of 1.22% (40 million US$)
  • Vietnam with a share of 1.2% (40 million US$)
  • Ukraine with a share of 1.04% (35 million US$)

Imports structure to Mongolia in 2016 represented by the following main commodity groups:

  • 20% (680 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 11.9% (397 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 11.2% (375 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 9.14% (305 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.76% (125 million US$): 73 - Articles of iron or steel
  • 2.72% (90 million US$): 30 - Pharmaceutical products
  • 2.27% (76 million US$): 39 - Plastics and articles thereof
  • 1.84% (61 million US$): 21 - Miscellaneous edible preparations
  • 1.82% (60 million US$): 40 - Rubber and articles thereof
  • 1.81% (60 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

What did Mongolia import in 2016?

Mongolia's Top Imports in 2016:

  • 15.3% ($512 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 6.57% ($219 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 3.75% ($125 million): 2716 - Electrical energy. (optional heading)
  • 3.11% ($104 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 2.16% ($72 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 1.64% ($54 million): 8716 - Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof
  • 1.49% ($50 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 1.39% ($46 million): 8704 - Motor vehicles for the transport of goods
  • 1.16% ($38 million): 1806 - Chocolate and other food preparations containing cocoa
  • 1.11% ($37 million): 8474 - Machinery for sorting, screening, separating, washing, crushing, grinding, mixing or kneading earth, stone, ores or other mineral substances, in solid (including powder or paste) form; machinery for agglomerating, shaping or moulding solid mineral fuels, ceramic paste, unhardened cements, plastering materials or other mineral products in powder or paste form; machines for forming foundry moulds of sand

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Mongolia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2005 - 2016