Mongolia Trade Surplus Narrows to Lowest in a Year

2026-10-09 09:13 By Larissa Caser 1 min. read

Mongolia’s trade surplus narrowed to USD 444.8 million in September 2026, its lowest level since August 2025, down from USD 487.5 million in the same month a year earlier.

Exports rose 16.3% year-on-year to USD 1,804.1 million, while imports rose 27.8% to USD 1,359.3 million.

For the first nine months of the year, exports climbed 51.2% year-on-year to USD 16,198.6 million, driven by increases in shipments of mineral products (57.2%), particularly copper ores and concentrates (79.4%), and textiles and related articles (58%).

China remained the main export destination, representing 93.2% of all outbound trade, followed by Switzerland (4.2%).

Meanwhile, imports rose 13.8% to USD 9,725 million, supported by higher purchases of mineral products (41.6%), namely oil products (41.7%), and base metals and related articles (12.9%), while transport vehicles and spare parts declined 8.1%.

China also accounted for the largest portion of imports at 41.5%, followed by Russia (27.6%).



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Mongolia Trade Surplus Narrows to Lowest in a Year
Mongolia’s trade surplus narrowed to USD 444.8 million in September 2026, its lowest level since August 2025, down from USD 487.5 million in the same month a year earlier. Exports rose 16.3% year-on-year to USD 1,804.1 million, while imports rose 27.8% to USD 1,359.3 million. For the first nine months of the year, exports climbed 51.2% year-on-year to USD 16,198.6 million, driven by increases in shipments of mineral products (57.2%), particularly copper ores and concentrates (79.4%), and textiles and related articles (58%). China remained the main export destination, representing 93.2% of all outbound trade, followed by Switzerland (4.2%). Meanwhile, imports rose 13.8% to USD 9,725 million, supported by higher purchases of mineral products (41.6%), namely oil products (41.7%), and base metals and related articles (12.9%), while transport vehicles and spare parts declined 8.1%. China also accounted for the largest portion of imports at 41.5%, followed by Russia (27.6%).
2026-10-09
Mongolia Trade Surplus Hits Record High
Mongolia’s trade surplus widened to USD 978.3 million in August 2026, from USD 408.51 million in the same month a year earlier. Exports climbed 55.8% year-on-year to USD 2,194.2 million, while imports rose at a softer pace of 21.6% to USD 1,215.8 million. Over January-August, exports jumped 57.2% to USD 14,400.1 million, driven by higher shipments of mineral products (61.1%), particularly bituminous coal (57.9%) and copper ores and concentrates (82.6%). Among key trading partners, China remained the main export destination, accounting for 92.7% of total exports, followed by Switzerland (4.7%). Meanwhile, imports increased 11.9% to USD 8,373.6 million, supported by higher purchases of mineral products (35.7%), particularly oil products (35.3%), while machinery, equipment, and electrical appliances (8.8%) also posted an increase. China accounted for the largest share of imports (41.0%), followed by Russia (27.5%) and Japan (9.1%).
2026-09-09
Mongolia Trade Surplus at 4-Month High
Mongolia’s trade surplus widened to USD 767.0 million in July 2026, from USD 217.1 million in the same month a year earlier, marking the highest level since March. Exports climbed 54.8% year-on-year to USD 1,812.0 million, while imports rose at a softer pace of 9.6% to USD 1,045.1 million. Over January-July, exports jumped 57.5% to USD 12,205.9 million, driven by higher shipments of mineral products (64.2%), particularly bituminous coal (59.0%) and copper ores and concentrates (89.7%). Among key trading partners, China remained the main export destination, accounting for 94.3% of total exports, followed by Switzerland (3.3%). Meanwhile, imports increased 10.4% to USD 7,158.1 million, supported by higher purchases of mineral products (35.7%), particularly oil products (35.0%), while machinery, equipment, and electrical appliances (8.8%) also posted an increase. China accounted for the largest share of imports (40.2%), followed by Russia (27.7%) and Japan (9.2%).
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