Mongolia recorded a trade surplus of 19.10 USD Million in July of 2019. Balance of Trade in Mongolia averaged -2.37 USD Million from 1997 until 2019, reaching an all time high of 361.60 USD Million in December of 2016 and a record low of -369.80 USD Million in July of 2012.

Balance of Trade in Mongolia is expected to be 63.00 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 205.00 in 12 months time. In the long-term, the Mongolia Balance of Trade is projected to trend around 220.00 USD Million in 2020, according to our econometric models.

Mongolia Balance of Trade
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 08:00 AM Balance of Trade Apr $259.8M $229.8M $200M
2019-06-12 09:45 AM Balance of Trade May $202.6M $259.8M $165M
2019-07-18 09:00 AM Balance of Trade Jun $96.8M $202.6M $120M
2019-08-16 08:15 AM Balance of Trade Jul $19.1M $96.8M $51M
2019-09-12 07:25 AM Balance of Trade Aug $19.1M $22M
2019-10-15 08:30 AM Balance of Trade Sep $ 63M
2019-11-15 11:00 AM Balance of Trade Oct $145M


Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 19.10 96.80 361.60 -369.80 USD Million [+]
Current Account -239.50 -46.98 132.80 -627.90 USD Million [+]
Current Account to GDP -14.60 -10.10 5.43 -27.40 percent [+]
Exports 632.49 675.62 759.80 15.44 USD Million [+]
Imports 613.43 578.74 748.75 14.66 USD Million [+]
Foreign Direct Investment 21183.60 20696.90 21183.60 8444.70 USD Million [+]
Capital Flows -415.75 -47.95 280.00 -931.10 USD Million [+]
Gold Reserves 15.80 18.70 18.70 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Remittances 6.40 9.20 18.61 -9.01 USD Million [+]
External Debt 29521757.18 28743089.44 29521757.18 2110586.64 USD Thousand [+]
Crude Oil Production 20.00 20.00 27.85 0.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. This page provides - Mongolia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
19.10 96.80 361.60 -369.80 1997 - 2019 USD Million Monthly




Country Last Previous
Argentina 951.00 Jul/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 446.13 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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