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Full trade & compliance profile

Mongolia — Trade & Compliance

Mongolia's trade profile consolidates its merchandise flow from CEPII BACI, the preferential agreements it has entered from the World Bank, the international cargo conventions it has ratified from the UN Treaty Collection, and its applied tariff, VAT and currency of record from the World Bank, the EU and ISO 4217.

Every figure is shown as its named source records it and dated where the source dates it; trade partners and product codes link to their own pages where logibook profiles them.

1
trade agreements
6
cargo treaties
5.21%
MFN applied tariff

Memberships & standing

Income groupUpper middle income
DatabookThe Record of Consolidated Knowledge
Mongolia beyond logistics?
Browse databook

Trade Flow

Top export markets
  1. 1China92.2%
  2. 2Switzerland5.8%
  3. 3Italy0.4%
  4. 4Rep. of Korea0.2%
  5. 5USA0.2%
CEPII BACI · 2024
Top import sources
  1. 1China54.0%
  2. 2Japan13.1%
  3. 3Rep. of Korea7.0%
  4. 4USA4.5%
  5. 5Germany2.8%
CEPII BACI · 2024
Leading export goods (HS2)
  1. 1Mineral fuels & oils58.9%
  2. 2Ores, slag, ash28.9%
  3. 3Pearls, precious stones & metals5.8%
  4. 4Wool1.6%
  5. 5Salt, sulphur, stone, cement1.2%
CEPII BACI · 2024
Leading import goods (HS2)
  1. 1Vehicles25.4%
  2. 2Machinery & mechanical appliances19.2%
  3. 3Electrical machinery9.1%
  4. 4Iron/steel articles5.3%
  5. 5Mineral fuels & oils3.1%
CEPII BACI · 2024
Fastest-rising export markets
  1. 1China+14.33pp
CEPII BACI · 2024
Declining export markets
  1. 1Switzerland−8.71pp
  2. 2Singapore−2.53pp
  3. 3Rep. of Korea−1.73pp
CEPII BACI · 2024
Fastest-rising export goods
  1. 1Mineral fuels & oils+9.20pp
  2. 2Ores, slag, ash+1.56pp
  3. 3Salt, sulphur, stone, cement+0.33pp
CEPII BACI · 2024
Declining export goods
  1. 1Pearls, precious stones & metals−9.27pp
  2. 2Wool−1.79pp
CEPII BACI · 2024

Showing the leading partners and product groups by trade share; the full bilateral flow matrix is inCEPII BACI · 2024

Preferential Trade Agreements

Japan - Mongolia2016
FTA & EIAGoods & Services
World Bank DTA · 1 trade agreements in force

International Cargo Treaties

  • Convention on the International Maritime Organization. Geneva, 6 March 1948
    Party · 1996176 ratifications
  • Agreement relating to the implementation of Part XI of the United Nations Convention on the Law of the Sea of 10 December 1982. New York, 28 July 1994
    Party · 1994171 ratifications
  • United Nations Convention on Contracts for the International Sale of Goods. Vienna, 11 April 1980
    Party · 199799 ratifications
  • Customs Convention on the International Transport of Goods under Cover of TIR Carnets (TIR Convention). Geneva, 14 November 1975
    Party · 200279 ratifications
  • International Convention on the Harmonization of Frontier Controls of Goods. Geneva, 21 October 1982
    Party · 200758 ratifications
  • Convention on Transit Trade of Land-locked States. New York, 8 July 1965
    Party · 196657 ratifications
UN Treaty Collection · 6 ratified

Fiscal & Tariffs

Currency
MNT
Tugrik
ISO numeric 4962 minor units
ISO 4217
MFN applied tariff
5.21%
simple average (2022)
World Bank WDI

Key commodities

Top agricultural output
Wheat
397.3K t
FAOSTAT · 2024
Top mineral output
coal
85.3M tonnes (metric)
BGS · 2023
Energy production
Primary energy production
51.3 million metric tons of oil equivalent
U.S. EIA

Top item per category of 62 commodities trackedfull lists: FAOSTAT · 2026-05 · British Geological Survey · U.S. EIA

All Sources

TradeCountry Trade Facts (CEPII BACI)
etalab-2.0
TradeWorld Bank Deep Trade Agreements (DTA)
cc-by-4.0
Sanctions & complianceUN Treaty Collection — Multilateral Treaties Deposited (MTDSG)
open
fiscalWorld Bank – World Development Indicators (WDI)
cc-by-4.0
fiscalISO 4217 Currency Codes
open
commoditythe British Geological Surveythe British Geological Survey
OGL
Referencelogibook trade-bloc referencelogibook trade-bloc reference
Compiled (public facts)
commoditythe U.S. Energy Information Administrationthe U.S. Energy Information Administration
Public domain (US gov)
commodityFAOSTATFAOSTAT
CC BY 4.0 IGO
Referenceinternational organisation membership recordsinternational organisation membership records
Public (official lists)
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