Mongolia posted a trade surplus of USD 563 million in December of 2022, compared with a deficit of USD 243 billion in the corresponding month of the previous year. Exports jumped 234.5 percent to USD 1396 million, while imports rose by 26.1 percent to USD 833 million. source: National Statistical Office of Mongolia

Balance of Trade in Mongolia averaged 26.64 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 January of 2023.

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Mongolia Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 09:00 AM Nov $410M $300M $420M
2023-01-13 09:30 AM Dec $563M $410M $ 35M
2023-02-17 09:30 AM Jan $563M

Related Last Previous Unit Reference
Balance of Trade 562.55 410.00 USD Million Dec 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
562.55 410.00 763.50 -369.80 1997 - 2022 USD Million Monthly