Mongolia Balance of Trade  1997-2018 | Data | Chart | Calendar | Forecast

Mongolia's trade surplus narrowed to USD 115.9 million in June of 2018 from USD 173.1 million in the same month of the previous year, as imports jumped 36 percent year-on-year to USD 580.3 million while exports grew at a softer 16.1 percent to USD 696.2 million. Considering the first six months of 2018, the trade surplus decreased 30.4 percent year-on-year to USD 822.2 million from USD 1181.3 million in the previous year. Imports soared 43.4 percent year-on-year to USD 2759.1 million, boosted by machinery & equipment & electrical appliances (44.2%); mineral products (34.9%); vehicles & parts (64.9%) and base metals & articles thereof (92.6%). Meantime, sales rose 15.3 percent to USD 3581.4 million, mostly driven by mineral products (18.5%); textiles & textile articles (16.3%) and live animals & animal’s origin products (94.6%). Balance of Trade in Mongolia averaged -7.81 USD Million from 1997 until 2018, reaching an all time high of 361.60 USD Million in December of 2016 and a record low of -369.80 USD Million in July of 2012.

Mongolia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-05-15 08:00 AM Balance of Trade $191.5M $239.6M $ 178.9M
2018-06-12 09:45 AM Balance of Trade $163M $191.5M $ 198.4M
2018-07-19 07:00 AM Balance of Trade $115.9M $163M $ 61.7M
2018-08-15 10:00 AM Balance of Trade $115.9M $ 112.1M
2018-09-12 08:55 AM Balance of Trade $ 89.5M
2018-10-16 08:00 AM Balance of Trade $ 119M


Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 115.86 162.96 361.60 -369.80 USD Million [+]
Exports 696.20 759.80 759.80 15.40 USD Million [+]
Imports 580.30 596.90 748.80 14.70 USD Million [+]
Current Account -38.20 -18.00 132.80 -627.90 USD Million [+]
Current Account to GDP -4.90 -6.30 5.43 -27.40 percent [+]
Foreign Direct Investment 18019.90 17245.30 20903.50 8444.70 USD Million [+]
Capital Flows -231.30 54.30 280.00 -931.10 USD Million [+]
Gold Reserves 3.60 3.10 9.92 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Remittances 17.52 14.71 18.61 -9.01 USD Million [+]
Crude Oil Production 20.00 20.00 27.85 0.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Mongolia Balance of Trade

Mongolia exports mineral products (copper, coal, molybdenum, tin, tungsten, and gold), natural or cultured stones, jewelry, cashmere, animal origin products, hides and skins. Mongolia's main exports partner is China (89% of total exports). Others include: Canada and Russia. Mongolia imports mainly mineral products, machinery, equipment, electric appliances, recorders,TV sets & spare parts, vehicles, food products and base metals. Mongolia's main import partners are Russia (22% of total) and China (26%). Others include Japan, USA and Germany. This page provides - Mongolia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
115.86 162.96 361.60 -369.80 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.41 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -2153628.00 May/18
Switzerland 1309.00 Jun/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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