Merchandise exports to high-income economies in Mongolia
Mongolia: Merchandise exports to high-income economies was 7.6% in 2023. ◆ Volatile
Merchandise exports to high-income economies in Mongolia, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to high-income economies in Mongolia stood at 7.6%.
That represents a change of down 34.3% on the previous year and down 40.3% over ten years.
Over the whole period, merchandise exports to high-income economies in Mongolia peaked at 95.5% in 1982 and was at its lowest, 6.7%, in 2018.
That places Mongolia 202nd out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to high-income economies in Mongolia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1981 | 93.8% | — |
| 1982 | 95.5% | +1.8% |
| 1983 | 94.0% | -1.6% |
| 1984 | 95.0% | +1.0% |
| 1985 | 94.5% | -0.5% |
| 1986 | 90.9% | -3.9% |
| 1987 | 91.4% | +0.6% |
| 1988 | 88.1% | -3.6% |
| 1989 | 88.8% | +0.9% |
| 1990 | 59.6% | -32.9% |
| 1991 | 67.9% | +14.0% |
| 1992 | 80.5% | +18.5% |
| 1993 | 53.0% | -34.2% |
| 1994 | 63.6% | +19.9% |
| 1995 | 67.5% | +6.2% |
| 1996 | 77.2% | +14.3% |
| 1997 | 77.2% | +0.0% |
| 1998 | 70.2% | -9.0% |
| 1999 | 41.8% | -40.4% |
| 2000 | 49.1% | +17.3% |
| 2001 | 59.5% | +21.2% |
| 2002 | 53.6% | -9.9% |
| 2003 | 52.0% | -3.0% |
| 2004 | 51.0% | -2.0% |
| 2005 | 49.5% | -2.9% |
| 2006 | 31.3% | -36.7% |
| 2007 | 26.7% | -14.7% |
| 2008 | 34.9% | +30.6% |
| 2009 | 25.5% | -26.9% |
| 2010 | 13.8% | -45.9% |
| 2011 | 7.5% | -45.6% |
| 2012 | 7.0% | -6.8% |
| 2013 | 12.7% | +81.1% |
| 2014 | 11.8% | -6.5% |
| 2015 | 15.9% | +34.3% |
| 2016 | 20.4% | +28.0% |
| 2017 | 14.6% | -28.4% |
| 2018 | 6.7% | -54.3% |
| 2019 | 10.4% | +55.6% |
| 2020 | 27.3% | +162.6% |
| 2021 | 17.3% | -36.7% |
| 2022 | 11.5% | -33.3% |
| 2023 | 7.6% | -34.3% |
Mongolia compared with similar countries
- Mongolia's 7.6% is below the median for upper middle income countries, which is 65.7%, 12% of the median. (59 countries reporting)
- Mongolia's 7.6% is below the median for East Asia & Pacific, which is 59.1%, 13% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 92.5% | 88.1% | 95.5% | 9 |
| 1990s | 65.8% | 41.8% | 80.5% | 10 |
| 2000s | 43.3% | 25.5% | 59.5% | 10 |
| 2010s | 12.1% | 6.7% | 20.4% | 10 |
| 2020s | 15.9% | 7.6% | 27.3% | 4 |
Countries ranked near Mongolia
More private sector data for Mongolia
- Merchandise trade 106.7% (2025)
- Food imports 11.0% (2023)
- Manufactures imports 65.3% (2023)
- Merchandise imports 11.31 billion current US$ (2025)
- Food exports 3.3% (2023)
- Manufactures exports 1.7% (2023)
- Merchandise exports 15.76 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,416 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.1394 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Mongolia?
- Merchandise exports to high-income economies in Mongolia was 7.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Mongolia?
- The highest recorded value was 95.5% in 1982.
- What is the lowest merchandise exports to high-income economies recorded in Mongolia?
- The lowest recorded value was 6.7% in 2018.
- How does Mongolia rank for merchandise exports to high-income economies?
- Mongolia ranks 202nd out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Mongolia?
- Over the last ten years it is down 40.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.