Imports in Mongolia increased to 543.60 USD Million in December from 519.30 USD Million in November of 2019. Imports in Mongolia averaged 242.68 USD Million from 1997 until 2019, reaching an all time high of 748.75 USD Million in August of 2011 and a record low of 14.66 USD Million in January of 1999.

Imports in Mongolia is expected to be 455.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Mongolia to stand at 515.00 in 12 months time. In the long-term, the Mongolia Imports is projected to trend around 522.00 USD Million in 2020, according to our econometric models.

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Mongolia Imports

Actual Previous Highest Lowest Dates Unit Frequency
543.60 519.30 748.75 14.66 1997 - 2019 USD Million Monthly


Mongolia Imports
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.

Mongolia Trade Last Previous Highest Lowest Unit
Balance of Trade 20.50 7.60 361.60 -369.80 USD Million [+]
Current Account -214.81 -202.21 132.80 -627.90 USD Million [+]
Current Account to GDP -14.60 -10.10 5.43 -27.40 percent [+]
Exports 564.20 526.90 815.60 15.44 USD Million [+]
Imports 543.60 519.30 748.75 14.66 USD Million [+]
Foreign Direct Investment 21183.60 20696.90 21183.60 8444.70 USD Million [+]
Capital Flows -2.86 -234.94 280.00 -931.10 USD Million [+]
Gold Reserves 17.92 20.08 20.08 0.00 Tonnes [+]
Terrorism Index 0.00 0.00 0.00 0.00 [+]
Remittances 8.20 7.20 18.61 -9.01 USD Million [+]
External Debt 29933778.93 29692865.20 29933778.93 2110586.64 USD Thousand [+]
Crude Oil Production 20.00 20.00 27.85 0.00 BBL/D/1K [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category