Mongolia Balance of Trade

Last Release

Sep 30, 2025

Actual

487.2

Units In

USD Million

410.5

Frequency

Monthly

Next Release

Nov 14, 2025

Time to Release

1 Months 2 Days 8 Hours

Highest	Lowest	Average	Date Range	Source
776.1 Mar 2023	-369.8 Jul 2012	59.96 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 significantly to USD 487.2 million in September 2025 from USD 50.7 million in the same month last year. This marked the largest trade surplus since June 2024, as exports rose by 10.1% to USD 1550.5 million, while imports grew by 6.6% to USD 1063.3 million. For the January-September period, however, the trade plus narrowed to USD 2,174.8 million from 3,174.8 million a year earlier. Exports declined by 9.1% year-on-year to USD 10,708.6 million, largely driven reduced shipments by textiles and textile articles (-35.3%) and mineral products (-9.7%), with China representing 91.2% of total exports, followed by Switzerland (5.7%), and the US (0.9%). Meanwhile, imports slipped by 0.9% to USD 8,533.8 million, dragged down by reduced purchases of transport vehicles and their spare parts (-11.3%) and mineral products (-3.3%). China accounted for the largest share of total imports (40.6%), followed by Russia (23.9%) and Japan (10.8%).