Mongolia’s trade surplus narrowed to USD 444.8 million in September 2026, its lowest level since August 2025, down from USD 487.5 million in the same month a year earlier. Exports rose 16.3% year-on-year to USD 1,804.1 million, while imports rose 27.8% to USD 1,359.3 million. For the first nine months of the year, exports climbed 51.2% year-on-year to USD 16,198.6 million, driven by increases in shipments of mineral products (57.2%), particularly copper ores and concentrates (79.4%), and textiles and related articles (58%). China remained the main export destination, representing 93.2% of all outbound trade, followed by Switzerland (4.2%). Meanwhile, imports rose 13.8% to USD 9,725 million, supported by higher purchases of mineral products (41.6%), namely oil products (41.7%), and base metals and related articles (12.9%), while transport vehicles and spare parts declined 8.1%. China also accounted for the largest portion of imports at 41.5%, followed by Russia (27.6%). source: National Statistical Office of Mongolia

Mongolia recorded a trade surplus of 444.80 USD Million in September of 2026. Balance of Trade in Mongolia averaged 80.46 USD Million from 1997 until 2026, reaching an all time high of 979.20 USD Million in August of 2026 and a record low of -372.50 USD Million in July of 2012. This page provides - Mongolia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.

Related	Last	Previous	Unit	Reference
Balance of Trade	444.80	979.20	USD Million	Sep 2026
Capital Flows	-214.22	232.22	USD Million	Jul 2026
Crude Oil Production	12.00	12.00	BBL/D/1K	Jun 2026
Current Account	70.00	245.61	USD Million	Jul 2026
Current Account to GDP	-8.60	-10.40	percent of GDP	Dec 2025
Exports	1804.10	2188.70	USD Million	Sep 2026
Exports by Category
Exports by Country
External Debt	39144279.48	40217548.38	USD Thousand	Jun 2026
Foreign Direct Investment	37492.75	37509.23	USD Million	Jun 2026
Gold Reserves	7.88	7.80	Tonnes	Mar 2026
Imports	1359.30	1209.50	USD Million	Sep 2026
Imports by Category
Imports by Country
Remittances	5.16	-6.79	USD Million	Jul 2026
Terrorism Index	0.00	0.00	Points	Dec 2025

Mongolia Balance of Trade

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.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	444.80	979.20	979.20	-372.50	1997 - 2026	USD Million	Monthly

Compare: Balance of Trade by Country

News Stream

Mongolia Trade Surplus Narrows to Lowest in a Year

Mongolia’s trade surplus narrowed to USD 444.8 million in September 2026, its lowest level since August 2025, down from USD 487.5 million in the same month a year earlier. Exports rose 16.3% year-on-year to USD 1,804.1 million, while imports rose 27.8% to USD 1,359.3 million. For the first nine months of the year, exports climbed 51.2% year-on-year to USD 16,198.6 million, driven by increases in shipments of mineral products (57.2%), particularly copper ores and concentrates (79.4%), and textiles and related articles (58%). China remained the main export destination, representing 93.2% of all outbound trade, followed by Switzerland (4.2%). Meanwhile, imports rose 13.8% to USD 9,725 million, supported by higher purchases of mineral products (41.6%), namely oil products (41.7%), and base metals and related articles (12.9%), while transport vehicles and spare parts declined 8.1%. China also accounted for the largest portion of imports at 41.5%, followed by Russia (27.6%).

2026-10-09

Mongolia Trade Surplus Hits Record High

Mongolia’s trade surplus widened to USD 978.3 million in August 2026, from USD 408.51 million in the same month a year earlier. Exports climbed 55.8% year-on-year to USD 2,194.2 million, while imports rose at a softer pace of 21.6% to USD 1,215.8 million. Over January-August, exports jumped 57.2% to USD 14,400.1 million, driven by higher shipments of mineral products (61.1%), particularly bituminous coal (57.9%) and copper ores and concentrates (82.6%). Among key trading partners, China remained the main export destination, accounting for 92.7% of total exports, followed by Switzerland (4.7%). Meanwhile, imports increased 11.9% to USD 8,373.6 million, supported by higher purchases of mineral products (35.7%), particularly oil products (35.3%), while machinery, equipment, and electrical appliances (8.8%) also posted an increase. China accounted for the largest share of imports (41.0%), followed by Russia (27.5%) and Japan (9.1%).

2026-09-09

Mongolia Trade Surplus at 4-Month High

Mongolia’s trade surplus widened to USD 767.0 million in July 2026, from USD 217.1 million in the same month a year earlier, marking the highest level since March. Exports climbed 54.8% year-on-year to USD 1,812.0 million, while imports rose at a softer pace of 9.6% to USD 1,045.1 million. Over January-July, exports jumped 57.5% to USD 12,205.9 million, driven by higher shipments of mineral products (64.2%), particularly bituminous coal (59.0%) and copper ores and concentrates (89.7%). Among key trading partners, China remained the main export destination, accounting for 94.3% of total exports, followed by Switzerland (3.3%). Meanwhile, imports increased 10.4% to USD 7,158.1 million, supported by higher purchases of mineral products (35.7%), particularly oil products (35.0%), while machinery, equipment, and electrical appliances (8.8%) also posted an increase. China accounted for the largest share of imports (40.2%), followed by Russia (27.7%) and Japan (9.2%).

2026-08-11