Mongolia

-0.79

Econ Complexity 93rd of 126
1981
2017

$6.88B

Exports 96th of 221
1981
2017

$4.5B

Imports 128th of 221
1981
2017

$12.9k

GDP Per Capita 101st of 214
1990
2017
Looking for commercial partners in Mongolia? List your company on Macro Market.
Looking for commercial partners in Mongolia? List your company on Macro Market.

Mongolia is the 96th largest export economy in the world and the 93rd most complex economy according to the Economic Complexity Index (ECI). In 2017, Mongolia exported $6.88B and imported $4.5B, resulting in a positive trade balance of $2.39B. In 2017 the GDP of Mongolia was $11.4B and its GDP per capita was $12.9k.

The top exports of Mongolia are Coal Briquettes ($2.27B), Copper Ore ($1.63B), Gold ($1.26B), Crude Petroleum ($369M) and Iron Ore ($299M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($803M), Cars ($263M), Delivery Trucks ($177M), Electricity ($136M) and Large Construction Vehicles ($87.9M).

The top export destinations of Mongolia are China ($5.23B), the United Kingdom ($663M), Switzerland ($662M), Russia ($57.4M) and Italy ($51.6M). The top import origins are China ($1.42B), Russia ($1.25B), Japan ($389M), South Korea ($203M) and the United States ($197M).

Mongolia borders China and Russia.

Economic Complexity of Mongolia

More on Mongolia from our other sites