Mongolia's trade surplus expanded to 108.90 USD Million in March of 2022 from 64.4 USD million a year ago. Imports jumped 42.3 percent on year to 653.20 USD Million, the highest in 3 months while exports rose at a softer 14.4 percent on year to 761.9 USD Million. source: National Statistical Office of Mongolia

Balance of Trade in Mongolia averaged 15.60 USD Million from 1997 until 2022, reaching an all time high of 763.50 USD Million in November of 2021 and a record low of -369.80 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 May of 2022.

Balance of Trade in Mongolia is expected to be 35.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Balance of Trade is projected to trend around 35.00 USD Million in 2023, according to our econometric models.

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Mongolia Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-03-16 08:00 AM Feb $159.4M $-16.9M $10M
2022-04-18 09:00 AM Mar $108.9M $159.4M $ 35M
2022-05-24 10:00 AM Apr $108.9M $200M

Related Last Previous Unit Reference
Balance of Trade 108.90 159.40 USD Million Mar 2022

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
108.90 159.40 763.50 -369.80 1997 - 2022 USD Million Monthly