Trade & investment · East Asia & Pacific · Upper-middle income
Mongolia: trade and investment
Exports is 68.1% (2025), 32nd of 184 in the world and 9th of 32 in East Asia & Pacific. Imports is 62.6% (2025), 51st of 184 in the world and 18th of 32 in East Asia & Pacific. Trade openness is 130.7% (2025), 33rd of 184 in the world and 9th of 32 in East Asia & Pacific.
13 indicators
Trade & investment: Mongolia in detail
Latest reported value, world rank and rank within East Asia & Pacific; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 68.1%2025 | 32/184 | 9/32 | 54.0% | 46.7% | 57.7% | +23.9 ppsince 2015 | 32.5% | 25.9% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 62.6%2025 | 51/184 | 18/32 | 67.9% | 56.7% | 55.2% | +17.2 ppsince 2015 | 28.5% | 23.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 130.7%2025 | 33/184 | 9/32 | 121.9% | 103.4% | 112.8% | +41.1 ppsince 2015 | 63.8% | 48.9% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -8.4%2025 | 153/185 | 25/29 | -6.1% | -12.3% | -5.1% | −0.2 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $15.8bn2025 | 84/206 | 14/37 | $536m | $2.9bn | $7.6bn | +238%since 2015 | $9.2tn | $7.7tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 22.5%2023 | 29/170 | 12/25 | · | · | 3.0% | +6.2 ppsince 2013 | 34.6% | 23.2% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 61.1%2023 | 19/172 | 3/25 | 0.4% | · | 30.1% | +22.5 ppsince 2013 | 4.2% | 5.2% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 3.3%2023 | 147/172 | 19/25 | 3.3% | · | 1.6% | +2.5 ppsince 2013 | 4.4% | 9.0% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 5.3%2022 | 78/184 | 11/29 | 5.0% | 5.0% | 5.3% | +0.3 ppsince 2011 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 10.8%2025 | 15/197 | 5/32 | 4.7% | 23.5% | 12.9% | +10.0 ppsince 2015 | 1.7% | 1.1% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 2.2%2025 | 92/178 | 13/26 | 0.1% | 3.7% | 4.1% | ±0.0 ppsince 2015 | 0.4% | 1.0% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 66,9002020 | 178/196 | 25/35 | 158,000 | 557,000 | 66,900 | −88%since 2010 | 491m | 573m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $49.0m2020 | 156/177 | 23/31 | $43.0m | $288m | $49.0m | −83%since 2010 | — | — | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Mongolia and its neighbours
Countries sharing a land border with Mongolia. Latest values since 2005; the highest in each row is marked.
| Indicator | Mongolia | China | Russia |
|---|---|---|---|
| Exports | 68.1%2025 | 21.1%2025 | 18.2%2025 |
| Imports | 62.6%2025 | 16.9%2025 | 15.5%2025 |
| Trade openness | 130.7%2025 | 38.0%2025 | 33.7%2025 |
| Current account | -8.4%2025 | 3.8%2025 | 1.5%2025 |
| Merchandise exports | $15.8bn2025 | $3.8tn2025 | $419bn2025 |
| High-tech exports | 22.5%2023 | 26.3%2024 | 9.7%2021 |
| Fuel exports | 61.1%2023 | 1.4%2025 | 43.1%2021 |
| Food exports | 3.3%2023 | 2.3%2025 | 6.6%2021 |
| Average tariff | 5.3%2022 | 2.2%2022 | 4.2%2021 |