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

Mongolia's trade surplus decreased to USD 62.7 million in January of 2018 from USD 151.4 million in the corresponding month of the previous year. It was the smallest trade surplus since July last year. Imports jumped 30.3 percent to USD 361.1 million, boosted by higher sales of live animals and animal products (57.3 percent); base metals (54.4 percent) and natural or cultured stones, precious metal and jewelry (52.3 percent). By contrast, exports fell 1.1 percent to USD 423.8 million, mostly hit by declines in sales of plastics, rubber and articles thereof (-70.8 percent); wood and wooden articles (-93.9 percent) and pulp, paper and paper products (-72.7 percent). Balance of Trade in Mongolia averaged -10.96 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
2017-12-12 08:00 AM Balance of Trade $98.2M $231.5M
2018-01-17 11:00 AM Balance of Trade $83.4M $123.2M $ 65.9M
2018-02-14 10:30 AM Balance of Trade $62.7M $83.4M $ 92.1M
2018-03-13 08:00 AM Balance of Trade $62.7M $ 88.5M
2018-04-12 09:00 AM Balance of Trade $ 70.4M
2018-05-15 08:00 AM Balance of Trade $ 63.2M


Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 62.70 83.40 361.60 -369.80 USD Million [+]
Exports 423.80 514.20 640.10 15.40 USD Million [+]
Imports 361.10 430.80 748.80 14.70 USD Million [+]
Current Account -317.50 -162.70 132.80 -627.90 USD Million [+]
Current Account to GDP -11.20 -4.80 5.43 -27.40 percent [+]
Foreign Direct Investment 16744.10 16282.60 20903.50 8444.70 USD Million [+]
Capital Flows -776.30 -723.70 280.00 -931.10 USD Million [+]
Gold Reserves 3.09 3.09 9.92 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Remittances 11.90 12.90 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
62.70 83.40 361.60 -369.80 1997 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia -1358.00 Dec/17
Brazil 2768.44 Jan/18
Canada -3186.30 Dec/17
China 203.40 Jan/18
Euro Area 25414.60 Dec/17
France -3468.00 Dec/17
Germany 18226.00 Dec/17
India -16298.47 Jan/18
Indonesia -676.90 Jan/18
Italy 5253.08 Dec/17
Japan -943.42 Jan/18
Mexico -156.97 Dec/17
Netherlands 4104.00 Dec/17
Russia 13700.00 Dec/17
South Korea 3700.00 Jan/18
Spain -1621000.00 Nov/17
Switzerland 2632.00 Dec/17
Turkey -9206.19 Dec/17
United Kingdom -4896.00 Dec/17
United States -53118.00 Dec/17


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