High income vs Mongolia: Merchandise trade (% of GDP)

High income
45.2%
in 2025
Mongolia
106.7%
in 2025
High income rank
19th
Mongolia rank
21st

Merchandise trade (% of GDP) over time

  • High income
  • Mongolia
255075100125196019922025

How they compare

Mongolia currently reports 106.7% against 45.2% in High income, a difference of 61.5%.

That makes Mongolia's figure about 2.4 times High income's.

Across all 46 years both countries report, Mongolia has been ahead every year.

High income ranks 19th and Mongolia ranks 21st of 47 groups.

Mongolia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade High income Mongolia Difference Ahead
1980s 30.1% 59.5% 29.4% Mongolia
1990s 31.4% 71.0% 39.5% Mongolia
2000s 41.8% 93.3% 51.5% Mongolia
2010s 47.8% 89.4% 41.6% Mongolia
2020s 47.1% 111.3% 64.3% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise trade, High income or Mongolia?
Mongolia, at 106.7% against 45.2% in High income as of 2025.
What is the difference in merchandise trade between High income and Mongolia?
61.5%, with Mongolia ahead.
How many years of comparable data are there for High income and Mongolia?
46 years are reported by both, from 1980 to 2025.
How do High income and Mongolia rank globally for merchandise trade?
High income ranks 19th and Mongolia ranks 21st of 47 groups.
Where does this data come from?
World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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High income vs Mongolia: Merchandise trade. Statizoid, drawing on World Trade Organization (WTO). Retrieved 07 November 2026, from https://private-sector.statizoid.com/compare/merchandise-trade-percent-of-gdp/high-income/mongolia/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.