Mongolia recorded a trade surplus of 535.50 USD Million in April of 2021. source: National Statistical Office of Mongolia

Balance of Trade in Mongolia averaged 12.58 USD Million from 1997 until 2021, reaching an all time high of 535.50 USD Million in April 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 June 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
535.50 476.70 535.50 -369.80 1997 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-02-18 09:00 AM Jan $181M $314M $320M
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
2021-06-15 09:00 AM May $535.5M
2021-08-05 09:00 AM Jun
2021-08-20 09:00 AM Jul
2021-09-15 09:00 AM Aug


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.