Mongolia recorded a trade surplus of 722.40 USD Million in May of 2021. source: National Statistical Office of Mongolia

Balance of Trade in Mongolia averaged 15 USD Million from 1997 until 2021, reaching an all time high of 722.40 USD Million in May 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 August of 2021.

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. Looking forward, we estimate Balance of Trade in Mongolia to stand at 350.00 in 12 months time. In the long-term, the Mongolia Balance of Trade is projected to trend around 350.00 USD Million in 2022 and 35.00 USD Million in 2023, according to our econometric models.

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Mongolia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
722.40 535.50 722.40 -369.80 1997 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-16 09:00 AM Feb $412.3M $181M $210M
2021-04-22 09:00 AM Mar $476.7M $412.3M $350M
2021-05-24 10:00 AM Apr $535.5M $476.7M $380M
2021-06-22 09:00 AM May $722.4M $535.5M
2021-08-05 09:00 AM Jun $722.4M
2021-08-20 09:00 AM Jul
2021-09-15 09:00 AM Aug
2021-10-15 09:00 AM Sep
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


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.