Mongolia’s Trade Surplus Shrink in April

2025-05-14 11:08 By Dongting Liu 1 min. read

Mongolia’s trade surplus narrowed to USD 219 million in April 2025, down from USD 275 million in the same month of the previous year.

Exports fell 4.5% year-on-year to USD 1230 million, while imports dipped slightly by 0.1% to USD 1011 million.

For the January–April period, the trade surplus shrank significantly to USD 683.2 million from USD 1511.1 million a year earlier.

Exports declined by 14.1% to USD 4242.6 million, driven by lower sales of coal, crude petroleum oils, sheep and goat meat, and iron ores and concentrates.

China remained Mongolia’s largest export market, accounting for 91.2% of outbound shipments, coal made up 47.5% of exports, followed by copper ores and concentrates at 35.5%.

Meanwhile, imports rose by 3.9% to USD 3559.4 million, mainly due to higher purchases of cars, spare parts for vehicles, and mobile phone.

Among trading partners, China accounted for the largest share of imports (35.3%), followed by Russia (25.7%) and Japan (13.2%).



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