Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Mongolia
Mongolia
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
13 137 4 072 -4.4 2 465 60.5
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
94 70 125 99
Imports
124 99 104 78
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 7 576 5 294
2010-2020 10 5
2020 0.04
Share in world total imports (%)
Share in world total exports (%)
2019 9 4
2020 -1 -14 2020 0.03
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 7.1
Fuels and mining products: 84.6
Agricultural products: 10.7
Fuels and mining products: 22.6
Manufactures: 2.7
Other: 5.5
Manufactures: 66.7
Other: 0
By main destination, % (2019)
By main origin, % (2019)
China: 88.9
United Kingdom: 3.8
Singapore: 2
Switzerland: 1
European Union: 0.9
Other: 3.3
China: 33.2 Japan: 9.6 United States of America: 4.7
Russian Federation: 28.2 European Union: 9.1 Other: 15.2
Agricultural Products Value
Top exported products (Million US$) HS5102 HS0205 HS1602 HS0204 HS5101
2019 . 303 58 50 24 20
Fine or coarse animal hair Meat of horses, asses, mules Other prepared or preserved meat Meat of sheep or goats, fresh Wool, not carded or combed
Value
Top imported products (Million US$) HS2402 HS2106 HS1806 HS1905 HS0207
2019
Cigars, cheroots, cigarillos Other food preparations Chocolate and other cocoa food Bread, pastry, other bakers' wares Meat and edible offal of poultry
61 60 52 39 25
Share in economy's trade in agricultural products Exports 0%
20%
40%
Imports 60%
80%
0%
HS5102
HS2402
HS0205
HS2106
HS1602
HS1806
HS0204
HS1905
HS5101
HS0207
5%
10%
15%
Million US$ Exports Imports
Value
2019 499 640
Annual percentage change
2010-2019 na na
2018 26 24
2019 -4 -5
Non-Agricultural Products Value
Top exported products (Million US$) HS2701 HS2603 HS2601 HS7108 HS2709
2019
Coal; briquettes, ovoids Copper ores and concentrates Iron ores and concentrates Gold Petroleum oils, crude
3 074 1 796 577 418 367
Value
Top imported products (Million US$) HS2710 HS8704 HS8703 HS8429 HS8802
2019
Petroleum oils, other than crude Motor vehicles for goods transport Motor cars for transport of persons Self-propelled bulldozers Other aircraft
1 166 421 419 186 150
Share in economy's trade in non-agricultural products Exports 0%
244
Imports 50%
0%
HS2701
HS2710
HS2603
HS8704
HS2601
HS8703
HS7108
HS8429
HS2709
HS8802
10%
20%
30%
Million US$ Exports Imports
Value
2019 7 121 5 488
Annual percentage change
2010-2019 na na
2018 12 37
2019 10 6
World Trade Organization – Trade Profiles 2021
Mongolia TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020 651 2 083 2020 0.01
Share in world total exports (%) Breakdown in economy's total exports
2010-2020 3 10
2019 6 24
2020 -47 -35 2020 0.05
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 59 Other commercial services: 36
Travel: 4.5 Goods-related services: 0.6
Transport: 28.6 Other commercial services: 44.8
By main destination
Travel: 26.4 Goods-related services: 0.1
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Mongolia
300
World
200 100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2020 384 596
Exports By sea (2020) By air (2020) By other (2020)
Value 0 124 260
2010-2020 8 8
Share (%)
Annual percentage change 2019 2 21
Imports By sea (2020) By air (2020) By other (2020)
0.0 32.4 67.6
2020 -1 -39
Value 0 61 535
Share (%) 0.0 10.2 89.8
Travel Mongolia
300
World
Value
Million US$ Exports Imports
200 100 0
2010
2013
2016
2020 29 550
2010-2020 -19 8
Annual percentage change 2019 11 29
2020 -94 -41
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 13.8
4.7
15.1
Other commercial services Exports Imports
Other business services Construction 66.5
Value
ICTs
2020
2010-2020
Other
2019
2020
5 23
-27 -27
2010-2020
2019
2020
na -11
-19 -43
11 -62
234 934
14 16
2020
Goods-related services Exports Imports
Annual percentage change
4 3
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
84
Non-residents
86
Trademark applications, 2019 Total
170
World Trade Organization – Trade Profiles 2021
Residents
1 574
Non-residents
2 496
Industrial design applications, 2019 Total
4 070
Residents
180
Non-residents
152
Total
332
245