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 (%) | 2008 - 2019

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2019
TOTAL. ALL COMMODITIESMongoliaWorldExportsValue (US$)4,269,055,846.005,774,330,896.004,669,280,457.004,916,326,458.006,200,592,951.847,011,757,684.817,619,753,899.96
Value Growth, YoY (%)35.26-19.135.2926.1213.088.67
ImportsValue (US$)6,357,821,461.005,131,455,440.003,796,591,418.003,339,603,834.004,337,319,902.005,874,787,944.656,127,355,631.50
Value Growth, YoY (%)-19.28-26.01-12.0329.8735.444.29

The value of merchandise exports from Mongolia totalled $ 7.61 billion in 2019. Merchandise exports from Mongolia increased by 8.67% compared to 2018. Goods exports grew up by $ 607 million in 2019 (the value of merchandise exports from Mongolia amounted to $7.01 billion in 2018)

Mongolia's exports 2019 by country

Top export destinations of commodities from Mongolia in 2019:

  • China with a share of 88% (6.77 billion US$)
  • United Kingdom with a share of 3.82% (291 million US$)
  • Singapore with a share of 2.02% (154 million US$)
  • Switzerland - 74 million US$
  • Russia - 68 million US$
  • Italy - 45 million US$
  • Australia - 39 million US$
  • Korea - 27 million US$
  • USA - 25 million US$
  • Iran - 21 million US$

Exports structure from Mongolia in 2019 represented by the following main commodity groups:

  • 45% (3.48 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 35% (2.68 billion US$): 26 - Ores, slag and ash
  • 5.49% (419 million US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 4.91% (374 million US$): 51 - Wool, fine or coarse animal hair; horsehair yarn and woven fabric
  • 2.7% (206 million US$): 25 - Salt; sulfur; earths and stone; plastering materials, lime and cement
  • 1.1% (84 million US$): 02 - Meat and edible meat offal
  • 0.904% (68 million US$): 74 - Copper and articles thereof
  • 0.66% (50 million US$): 16 - Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates
  • 0.66% (50 million US$): 61 - Articles of apparel and clothing accessories, knitted or crocheted
  • 0.554% (42 million US$): 88 - Aircraft, spacecraft, and parts thereof

What did Mongolia export in 2019?

Mongolia's Top Exports in 2019:

  • 40% ($3.07 billion): 2701 - Coal; briquettes, ovoids and similar solid fuels manufactured from coal
  • 23% ($1.79 billion): 2603 - Copper ores and concentrates
  • 7.56% ($576 million): 2601 - Iron ores and concentrates, including roasted iron pyrites
  • 5.49% ($418 million): 7108 - Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
  • 4.81% ($366 million): 2709 - Petroleum oils and oils obtained from bituminous minerals, crude
  • 3.97% ($302 million): 5102 - Fine or coarse animal hair, not carded or combed
  • 2.69% ($205 million): 2529 - Feldspar; leucite, nepheline and nepheline syenite; fluorspar
  • 2.48% ($189 million): 2608 - Zinc ores and concentrates
  • 0.904% ($68 million): 7403 - Refined copper and copper alloys, unwrought.
  • 0.877% ($66 million): 2607 - Lead ores and concentrates

The value of merchandise imports to Mongolia totalled $ 6.12 billion in 2019. Merchandise imports to Mongolia increased by 4.29% compared to 2018. Goods imports grew up by $ 252 million in 2019 (the value of merchandise imports to Mongolia was equal to $5.87 billion in 2018)

Mongolia's imports 2019 by country

Top trading partners (import sources) of Mongolia in 2019:

  • China with a share of 33% (2.03 billion US$)
  • Russia with a share of 28% (1.72 billion US$)
  • Japan with a share of 9.55% (585 million US$)
  • USA with a share of 4.72% (289 million US$)
  • Korea with a share of 4.35% (266 million US$)
  • Germany with a share of 3.08% (188 million US$)
  • Poland with a share of 1.05% (64 million US$)
  • Italy - 60 million US$
  • Australia - 57 million US$
  • Vietnam - 56 million US$

Imports structure to Mongolia in 2019 represented by the following main commodity groups:

  • 22% (1.35 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 16.1% (991 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 14.1% (867 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 6.08% (373 million US$): 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
  • 4.8% (294 million US$): 73 - Articles of iron or steel
  • 3.17% (194 million US$): 72 - Iron and steel
  • 2.57% (157 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.26% (138 million US$): 39 - Plastics and articles thereof
  • 1.98% (121 million US$): 40 - Rubber and articles thereof
  • 1.76% (107 million US$): 30 - Pharmaceutical products

What did Mongolia import in 2019?

Mongolia's Top Imports in 2019:

  • 19% ($1.16 billion): 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
  • 6.87% ($421 million): 8704 - Motor vehicles for the transport of goods
  • 6.83% ($418 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
  • 3.03% ($186 million): 8429 - Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers
  • 2.44% ($150 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 2.35% ($144 million): 2716 - Electrical energy. (optional heading)
  • 1.84% ($113 million): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
  • 1.54% ($94 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
  • 1.43% ($88 million): 8431 - Parts suitable for use solely or principally with the machinery of headings 84.25 to 84.30
  • 1.38% ($85 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

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Mongolia | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2008 - 2019