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

The trade surplus in Mongolia increased to USD 164.5 million in August of 2017 from a USD 110.9 million a year ago. Year-on-year, exports rose 28.8 percent to USD 582 million and imports advanced at a slower 22.5 percent to USD 417.5 million. Considering the January to August period, the country's trade surplus rose 64.5 percent to USD 1348 million. Exports increased 37.1 percent to USD 4102 million, mainly led by sales of vegetable origin products (90.8 percent); mineral products (54 percent) and wood and wood articles (79.2 percent). Imports rose 26.7 percent to USD 2754 million, mostly boosted by purchases of wood and wood articles (63.6 percent); decorative items (49.3 percent) and basic metals and finished products (46.1 percent). Balance of Trade in Mongolia averaged -15.69 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
2017-07-19 07:00 AM Balance of Trade $164.7M $228.6M $200M
2017-08-15 10:00 AM Balance of Trade $8.5M $164.7M
2017-09-12 08:55 AM Balance of Trade $164.5M $8.5M
2017-10-11 08:00 AM Balance of Trade $164.5M
2017-11-13 08:00 AM Balance of Trade
2017-12-11 08:00 AM Balance of Trade


Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 164.50 8.45 362.30 -369.70 USD Million [+]
Exports 582.00 414.50 640.60 15.40 USD Million [+]
Imports 417.50 406.10 748.73 14.70 USD Million [+]
Current Account -98.80 -69.90 132.80 -627.90 USD Million [+]
Current Account to GDP -11.20 -4.80 5.43 -27.40 percent [+]
Foreign Direct Investment 12980.40 12738.40 16842.88 4949.50 USD Million [+]
Capital Flows 45.50 -69.50 280.00 -931.10 USD Million [+]
Gold Reserves 2.13 1.46 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

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
164.50 8.45 362.30 -369.70 1997 - 2017 USD Million Monthly




balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17