Mongolia Balance of Trade

Last Release

Nov 30, 2025

Actual

656.7

Units In

USD Million

678.3

Frequency

Monthly

Next Release

Jan 16, 2026

Time to Release

1 Months 2 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
776.1 Mar 2023	-369.8 Jul 2012	63.48 USD Million	1997-2025	National Statistical Office of Mongolia

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.

Latest Updates

Mongolia’s trade surplus widened sharply to USD 656.7 million in November 2025, up from USD 405.9 million a year earlier. Exports rose 7.9% year-on-year to USD 1,513.0 million, while imports declined 14% to USD 856.3 million. For the January–November period, the trade surplus narrowed to USD 3,531.9 million from USD 4,009.4 million a year earlier. Exports fell 5.9% year-on-year to USD 13,742.5 million, mainly driven by declines in textiles and textile articles (-10.9%) and mineral products (-7.9%). China remained the dominant export destination, accounting for 90.2% of total exports, followed by Switzerland (6.1%) and the US (0.9%). Imports decreased 3.6% to USD 10,210.6 million, weighed down by lower purchases of transport vehicles and spare parts (-16.7%), mineral products (-2.4%), and machinery, equipment, and electrical appliances (-1.3%). China remained the largest share of total imports (24%), followed by Germany (14.4%) and Russia (10.1%).