Mongolia Crude Oil Production - Forecast

Crude Oil Production in Mongolia is expected to be 20.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Mongolia to stand at 20.00 in 12 months time. In the long-term, the Mongolia Crude Oil Production is projected to trend around 20.00 BBL/D/1K in 2020, according to our econometric models.


Mongolia Crude Oil Production
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Mongolia Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 163 61.71 110 125 124 126
Exports 760 630 612 624 620 621
Imports 597 568 502 499 496 495
Current Account -18 -74.19 -79.34 -79.73 -79.68 -79.7
Current Account to GDP -4.9 -22 -22 -22 -12 -7.5
Foreign Direct Investment 17245 16757 16757 16757 16757 16757
Capital Flows 54.3 -72 25 72 -193 91
Gold Reserves 3.6 2.92 3.46 3.29 3.31 3.38
Terrorism Index 0 0 0 0 0 0
Remittances 9.28 10.47 9.13 10.15 9.59 9.77
Crude Oil Production 20 20 20 20 20 20