Merchandise exports to low- and middle-income economies within region in Mongolia
Mongolia: Merchandise exports to low- and middle-income economies within region was 91.7% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region in Mongolia, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies within region in Mongolia is 91.7%, measured in 2023.
The figure is up 3.9% on the previous year and up 5.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Mongolia peaked at 93.0% in 2018 and was at its lowest, 3.9%, in 1985.
Mongolia ranks 2nd of 203 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies within region in Mongolia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1981 | 4.4% | — |
| 1982 | 4.4% | +0.9% |
| 1983 | 5.9% | +34.4% |
| 1984 | 4.9% | -17.4% |
| 1985 | 3.9% | -20.2% |
| 1986 | 7.5% | +93.0% |
| 1987 | 7.8% | +3.5% |
| 1988 | 11.0% | +41.5% |
| 1989 | 10.3% | -6.0% |
| 1990 | 14.0% | +35.6% |
| 1991 | 31.6% | +125.2% |
| 1992 | 18.6% | -41.1% |
| 1993 | 31.8% | +71.2% |
| 1994 | 20.7% | -34.9% |
| 1995 | 16.5% | -20.3% |
| 1996 | 19.2% | +16.1% |
| 1997 | 22.5% | +17.4% |
| 1998 | 29.3% | +30.0% |
| 1999 | 57.2% | +95.0% |
| 2000 | 49.8% | -12.8% |
| 2001 | 40.0% | -19.8% |
| 2002 | 45.3% | +13.4% |
| 2003 | 46.2% | +1.9% |
| 2004 | 47.8% | +3.5% |
| 2005 | 48.1% | +0.6% |
| 2006 | 68.1% | +41.5% |
| 2007 | 72.5% | +6.5% |
| 2008 | 64.6% | -10.8% |
| 2009 | 74.0% | +14.5% |
| 2010 | 85.6% | +15.7% |
| 2011 | 92.2% | +7.7% |
| 2012 | 92.7% | +0.4% |
| 2013 | 86.9% | -6.2% |
| 2014 | 88.0% | +1.2% |
| 2015 | 83.9% | -4.6% |
| 2016 | 79.5% | -5.3% |
| 2017 | 85.1% | +7.1% |
| 2018 | 93.0% | +9.3% |
| 2019 | 89.2% | -4.1% |
| 2020 | 72.6% | -18.6% |
| 2021 | 82.6% | +13.8% |
| 2022 | 88.3% | +6.8% |
| 2023 | 91.7% | +3.9% |
Mongolia compared with similar countries
- Mongolia's 91.7% is above the median for upper middle income countries, which is 15.5%, 5.9× the median. (59 countries reporting)
- Mongolia's 91.7% is above the median for East Asia & Pacific, which is 35.9%, 2.6× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies within region 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 |
|---|---|---|---|
| 1991 | +125.2% | 14.0% | 31.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.7% | 3.9% | 11.0% | 9 |
| 1990s | 26.2% | 14.0% | 57.2% | 10 |
| 2000s | 55.7% | 40.0% | 74.0% | 10 |
| 2010s | 87.6% | 79.5% | 93.0% | 10 |
| 2020s | 83.8% | 72.6% | 91.7% | 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 within region in Mongolia?
- Merchandise exports to low- and middle-income economies within region in Mongolia was 91.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Mongolia?
- The highest recorded value was 93.0% in 2018.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Mongolia?
- The lowest recorded value was 3.9% in 1985.
- How does Mongolia rank for merchandise exports to low- and middle-income economies within region?
- Mongolia ranks 2nd out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Mongolia?
- Over the last ten years it is up 5.5%. 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 within region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.