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

Mongolia's trade surplus shrank to USD 98.2 million in November of 2017 from USD 239.3 million in the same month a year ago. Exports fell 9.6 percent to USD 497.6 million and imports jumped 28.4 percent to USD 399.4 million. Year-to-date, the country's trade surplus widened 48.9 percent to USD 1.8 billion. Exports surged 33 percent to USD 5.7 billion, boosted by sales of mineral products (46.1 percent), namely coal; base metals (20.5 percent) and textiles & textile articles (15 pct). Sales grew mostly to the UK (62.6 pct); Austria (59.7 pct), Belarus (45.3 pct) and China (40.7 pct). Meantime, imports advanced 26.8 percent to USD 3.9 billion, led by purchases of mineral products (40.7 pct), of which diesel (75.8 pct) and petrol (32.2 pct); base metals (54.1 pct); transport vehicles & their spare parts (38.7 pct) and machinery & equipment (27 pct). Major import partners were France (79 pct); Croatia (83.2 pct) and Hungary (54.4 pct). Balance of Trade in Mongolia averaged -14.33 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 TEForecast
2017-10-16 08:00 AM Balance of Trade $104.0M $164.5M
2017-11-15 11:00 AM Balance of Trade $206.5M $104.0M
2017-12-12 08:00 AM Balance of Trade $98.2M $231.5M
2018-01-17 11:00 AM Balance of Trade $98.2M
2018-02-14 11:00 AM Balance of Trade
2018-03-13 08:00 AM Balance of Trade


Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 98.20 231.50 362.30 -369.70 USD Million [+]
Exports 497.60 606.00 640.60 15.40 USD Million [+]
Imports 399.40 374.50 748.73 14.70 USD Million [+]
Current Account 20.30 -45.70 132.80 -627.90 USD Million [+]
Current Account to GDP -11.20 -4.80 5.43 -27.40 percent [+]
Foreign Direct Investment 16282.60 16472.00 20903.50 8444.70 USD Million [+]
Capital Flows -76.60 41.60 280.00 -931.10 USD Million [+]
Gold Reserves 2.13 1.46 9.92 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Remittances 12.40 8.60 18.61 -8.34 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
98.20 231.50 362.30 -369.70 1997 - 2017 USD Million Monthly




balance of trade by Country
Country Last
Australia 105.00 Oct/17
Brazil 3545.75 Nov/17
Canada -1474.50 Oct/17
China 402.10 Nov/17
Euro Area 26364.90 Sep/17
France -4956.00 Oct/17
Germany 18900.00 Oct/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -2066.00 Oct/17
Netherlands 6258.00 Sep/17
Russia 9832.00 Oct/17
South Korea 7800.00 Nov/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -7324.23 Oct/17
United Kingdom -1405.00 Oct/17
United States -48731.00 Oct/17