Countries

Mongolia: trade by HS code

  • US$14.8bnExports 2024
  • US$8.4bnImports 2024
  • 1,201HS6 · Exports

In 2024, exports from Mongolia came to US$14.8bn and imports to US$8.4bn.

Its largest customer was China and its largest supplier China.

Top exports

  1. 2701.12Coal, whether or not pulverised, but not agglomerated: bituminous coalUS$8.2bn
  2. 2603.00Copper ores and concentratesUS$3.3bn
  3. 7108.12Gold (including gold plated with platinum), unwrought or in: non-monetary, other unwrought formsUS$849.2m
  4. 2601.11Iron ores and concentrates, other than roasted iron pyrites: non-agglomeratedUS$507.7m
  5. 2709.00Petroleum oils and oils obtained from bituminous minerals, crudeUS$322.2m
  6. 2529.21Containing by weight 97 % or less of calcium fluorideUS$170.8m
  7. 2616.10Silver ores and concentratesUS$140.1m
  8. 5102.19Fine or coarse animal hair, not carded or combed: fine animal hair, otherUS$136.5m
  9. 2613.90Molybdenum ores and concentrates: otherUS$130.5m
  10. 2702.10Lignite, whether or not pulverised, but not agglomeratedUS$120.5m
  11. 7403.11Cathodes and sections of cathodesUS$119.7m
  12. 2608.00Zinc ores and concentratesUS$110.6m
  13. 2701.19Coal, whether or not pulverised, but not agglomerated: other coalUS$91.8m
  14. 5102.11Of Kashmir (cashmere) goatsUS$61.9m
  15. 0205.00Meat of horses, asses, mules or hinnies, fresh, chilled or frozenUS$60.3m
  16. 1602.90Other, including preparations of blood of any animalUS$57.7m
  17. 1205.90Rape or colza seeds, whether or not broken: otherUS$42.1m
  18. 0802.92Other nuts, fresh or dried, whether or not shelled or peeled: other, pine nuts, shelledUS$40.5m
  19. 2607.00Lead ores and concentratesUS$38.8m
  20. 6110.12Of Kashmir (cashmere) goatsUS$23.1m

Top imports

  1. 8703.40Other vehicles, with both spark-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric powerUS$534.9m
  2. 8704.10Dumpers designed for off-highway useUS$482.4m
  3. 8703.23Of a cylinder capacity exceeding 1500 cm3 but not exceeding 3000 cm3US$223.3m
  4. 8429.52Machinery with a 360° revolving superstructureUS$177m
  5. 8703.24Of a cylinder capacity exceeding 3000 cm3US$174.9m
  6. 8802.40Aeroplanes and other aircraft, of an unladen weight exceeding 15000 kgUS$165.2m
  7. 7308.90Structures: otherUS$143.8m
  8. 2716.00Electrical energyUS$132m
  9. 8517.13Telephone sets, including smartphones and other telephones: smartphonesUS$121.6m
  10. 7214.20Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rollingUS$117.7m
  11. 3004.90Medicaments: otherUS$94.6m
  12. 8474.90Machinery for sorting, screening, separating, washing: partsUS$92.5m
  13. 8701.21With only compression-ignition internal combustion piston engine (diesel or semi-diesel)US$87.2m
  14. 7108.12Gold (including gold plated with platinum), unwrought or in: non-monetary, other unwrought formsUS$81.9m
  15. 4011.80Of a kind used on construction, mining or industrial handling vehicles and machinesUS$81.8m
  16. 8431.49Of machinery of heading 8426, 8429 or 8430: otherUS$79.7m
  17. 8716.39Other trailers and semi-trailers for the transport of goods: otherUS$78.9m
  18. 2402.20Cigars, cheroots, cigarillos and cigarettes, of tobacco or: cigarettes containing tobaccoUS$74.4m
  19. 8702.10With only compression-ignition internal combustion piston engine (diesel or semi-diesel)US$68.3m
  20. 8507.60Electric accumulators, including separators therefor: lithium-ionUS$66.4m

Main buyers from Mongolia

  1. China US$13.6bn
  2. Switzerland US$853.7m
  3. Italy US$62.7m
  4. South Korea US$28.5m
  5. Finland US$24.1m
  6. Thailand US$20.5m
  7. United States US$18.9m
  8. Japan US$14.3m
  9. Hong Kong SAR China US$14.2m
  10. France US$13m

Main suppliers of Mongolia

  1. China US$4.1bn
  2. Japan US$1bn
  3. South Korea US$427.8m
  4. United States US$318.1m
  5. Singapore US$161.4m
  6. Germany US$129.4m
  7. Switzerland US$105.4m
  8. Kazakhstan US$100.1m
  9. Türkiye US$82.2m
  10. France US$42.2m

Questions and answers

What does Mongolia export most?

In 2024, its largest export at the six-digit level was coal, whether or not pulverised, but not agglomerated: bituminous coal (HS 2701.12), worth US$8.2bn.