Mongolia recorded a trade surplus of 20.50 USD Million in December of 2020. Balance of Trade in Mongolia averaged -0.78 USD Million from 1997 until 2020, 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 205.00 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 35.00 in 12 months time. In the long-term, the Mongolia Balance of Trade is projected to trend around 35.00 USD Million in 2020, according to our econometric models.