Mongolia Exports

Exports from Mongolia jumped 15.1 percent year-on-year to USD 740.3 million in April 2019, mostly due to an increase in sales of mineral products (16.4 percent) and textiles & related articles (47.1 percent).Among major trading partners, shipments advanced to China (17.9 percent) while those declined to Russia (-8.1 percent) and the UK (-75.9 percent). Exports in Mongolia averaged 227.86 USD Million from 1997 until 2019, reaching an all time high of 759.80 USD Million in May of 2018 and a record low of 15.44 USD Million in January of 1999.

Exports in Mongolia is expected to be 705.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Mongolia to stand at 685.00 in 12 months time. In the long-term, the Mongolia Exports is projected to trend around 557.00 USD Million in 2020, according to our econometric models.

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Mongolia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	259.80	229.80	361.60	-369.80	USD Million	[+]
Current Account	-56.60	-107.80	132.80	-627.90	USD Million	[+]
Current Account to GDP	-14.60	-10.10	5.43	-27.40	percent	[+]
Exports	740.32	678.00	759.80	15.44	USD Million	[+]
Imports	480.49	448.20	748.75	14.66	USD Million	[+]
Foreign Direct Investment	19955.50	19379.30	20903.50	8444.70	USD Million	[+]
Capital Flows	-26.10	-218.20	280.00	-931.10	USD Million	[+]
Gold Reserves	18.70	15.10	18.70	0.00	Tonnes	[+]
Terrorism Index	0.00	0.00	0.00	0.00		[+]
Remittances	6.70	7.30	18.61	-9.01	USD Million	[+]
External Debt	28743089.44	27911253.68	28743089.44	2110586.64	USD Thousand	[+]
Crude Oil Production	20.00	20.00	27.85	0.00	BBL/D/1K	[+]

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Mongolia Exports

Mongolia exports mineral products (copper, coal, molybdenum, tin, tungsten, and gold), natural or cultured stones, jewelry, textiles, animal origin products, hides and skins. Mongolia's main exports partner is China (80% of total exports). Others include: Canada and Russia. This page provides - Mongolia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Exports - actual data, historical chart and calendar of releases - was last updated on May of 2019.