Mongolia is the 109th largest export economy in the world and the 101st most complex economy according to the Economic Complexity Index (ECI). In 2015, Mongolia exported $5.15B and imported $3.98B, resulting in a positive trade balance of $1.17B. In 2015 the GDP of Mongolia was $11.7B and its GDP per capita was $12.2k.
The top exports of Mongolia are Copper Ore ($2.31B), Gold ($820M), Coal Briquettes ($555M), Crude Petroleum ($366M) and Iron Ore ($234M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($753M), Cars ($217M), Electricity ($129M), Stone Processing Machines ($65.7M) and Packaged Medicaments ($65.4M).
The top export destinations of Mongolia are China ($3.85B), Switzerland ($510M), the United Kingdom ($345M), Russia ($75.6M) and Italy ($53.1M). The top import origins are China ($1.4B), Russia ($1.06B), Japan ($296M), South Korea ($263M) and Germany ($122M).