Mongolia Balance of Trade  1997-2017 | Data | Chart | Calendar | Forecast

The trade surplus in Mongolia widened to USD 238.8 million in May of 2017 from a USD 117.6 million a year earlier. Year-on-year, exports rose 45 percent to USD 618.9 million, led by sales of mineral products (40.1 percent), base metals and articles (79 percent) and textiles (17.6 percent). Imports increased at a slower 22.9 percent to USD 380 million, driven by mineral products (81.6 percent), machinery and electric appliances (18.6 percent), transport vehicles and their spare parts (31.2 percent), food (15.6 percent) and base metals (67.1 percent). Balance of Trade in Mongolia averaged -18.27 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.

Mongolia Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-12 09:00 AM Mar $189.4M $183M $130M
2017-05-15 08:00 AM Apr $258.2M $189.4M $210M
2017-06-13 10:10 AM May $238.8M $258.2M $235M
2017-07-11 08:00 AM Jun $238.8M
2017-08-11 08:00 AM Jul
2017-09-12 08:00 AM Aug




Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 258.20 189.40 362.30 -369.70 USD Million [+]
Exports 618.90 599.69 640.60 15.40 USD Million [+]
Imports 380.00 341.47 748.73 14.70 USD Million [+]
Current Account 64.90 -77.50 132.80 -627.90 USD Million [+]
Current Account to GDP -4.10 -4.00 5.43 -27.40 percent [+]
Foreign Direct Investment 12980.40 12738.40 16842.88 4949.50 USD Million [+]
Capital Flows 33.20 -28.90 280.00 -931.10 USD Million [+]
Gold Reserves 1.46 1.74 9.92 0.00 Tonnes [+]
Remittances 9.30 3.00 18.61 -8.34 USD Million [+]
Crude Oil Production 20.00 20.00 27.85 0.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]

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



Mongolia Balance of Trade Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
258.20 189.40 362.30 -369.70 1997 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17