Merchandise exports to low- and middle-income economies in Europe & in Mongolia
Mongolia: Merchandise exports to low- and middle-income economies in Europe & was 0.3% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in Mongolia, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Mongolia recorded 0.3% for merchandise exports to low- and middle-income economies in europe & in 2023.
The figure is up 88.1% on the previous year and up 21.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in Mongolia peaked at 15.9% in 1995 and was at its lowest, 0.1%, in 2020.
That places Mongolia 146th out of 204 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Europe & in Mongolia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1981 | 1.7% | — |
| 1992 | 0.7% | -57.1% |
| 1993 | 14.8% | +1979.9% |
| 1994 | 15.1% | +2.3% |
| 1995 | 15.9% | +5.3% |
| 1996 | 3.5% | -77.8% |
| 1997 | 0.2% | -93.7% |
| 1998 | 0.2% | -5.4% |
| 1999 | 0.2% | +0.3% |
| 2000 | 0.7% | +252.8% |
| 2001 | 0.2% | -73.2% |
| 2002 | 0.8% | +288.6% |
| 2003 | 1.3% | +67.4% |
| 2004 | 0.9% | -30.9% |
| 2005 | 2.2% | +143.9% |
| 2006 | 0.4% | -79.7% |
| 2007 | 0.5% | +16.4% |
| 2008 | 0.3% | -36.4% |
| 2009 | 0.3% | -9.8% |
| 2010 | 0.2% | -44.1% |
| 2011 | 0.1% | -29.5% |
| 2012 | 0.1% | +12.4% |
| 2013 | 0.2% | +57.9% |
| 2014 | 0.1% | -46.4% |
| 2015 | 0.1% | -18.5% |
| 2016 | 0.1% | -38.7% |
| 2017 | 0.1% | +66.1% |
| 2018 | 0.2% | +61.8% |
| 2019 | 0.1% | -16.4% |
| 2020 | 0.1% | -57.3% |
| 2021 | 0.1% | +16.2% |
| 2022 | 0.1% | +116.5% |
| 2023 | 0.3% | +88.1% |
Mongolia compared with similar countries
- Mongolia's 0.3% is below the median for upper middle income countries, which is 0.9%, 28% of the median. (59 countries reporting)
- Mongolia's 0.3% is above the median for East Asia & Pacific, which is 0.3%, 1.0× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Europe & in Mongolia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1979.9% | 0.7% | 14.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.7% | 1.7% | 1.7% | 1 |
| 1990s | 6.3% | 0.2% | 15.9% | 8 |
| 2000s | 0.8% | 0.2% | 2.2% | 10 |
| 2010s | 0.1% | 0.1% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.3% | 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 low- and middle-income economies in europe & in Mongolia?
- Merchandise exports to low- and middle-income economies in europe & in Mongolia was 0.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Mongolia?
- The highest recorded value was 15.9% in 1995.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Mongolia?
- The lowest recorded value was 0.1% in 2020.
- How does Mongolia rank for merchandise exports to low- and middle-income economies in europe &?
- Mongolia ranks 146th out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in Mongolia?
- Over the last ten years it is up 21.9%. 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 low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.