Merchandise imports from high-income economies in Mongolia
Mongolia: Merchandise imports from high-income economies was 52.6% in 2023. ▼ Falling
Merchandise imports from high-income economies in Mongolia, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from high-income economies in Mongolia stood at 52.6%. That is the lowest value across all 43 years on record.
The figure is down 8.7% on the previous year and down 16.2% over ten years.
Over the whole period, merchandise imports from high-income economies in Mongolia peaked at 91.9% in 1982 and was at its lowest, 52.6%, in 2023.
That places Mongolia 125th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 43 years of available data.
Merchandise imports from high-income economies in Mongolia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1981 | 89.1% | — |
| 1982 | 91.9% | +3.2% |
| 1983 | 91.2% | -0.8% |
| 1984 | 89.9% | -1.4% |
| 1985 | 64.7% | -28.0% |
| 1986 | 73.1% | +12.9% |
| 1987 | 64.3% | -12.0% |
| 1988 | 74.2% | +15.4% |
| 1989 | 72.7% | -2.1% |
| 1990 | 73.0% | +0.4% |
| 1991 | 80.0% | +9.6% |
| 1992 | 85.2% | +6.6% |
| 1993 | 81.4% | -4.5% |
| 1994 | 90.7% | +11.4% |
| 1995 | 87.8% | -3.2% |
| 1996 | 81.0% | -7.7% |
| 1997 | 84.0% | +3.7% |
| 1998 | 85.1% | +1.2% |
| 1999 | 83.7% | -1.6% |
| 2000 | 77.9% | -6.9% |
| 2001 | 71.7% | -8.0% |
| 2002 | 72.7% | +1.4% |
| 2003 | 74.2% | +2.1% |
| 2004 | 69.2% | -6.7% |
| 2005 | 65.0% | -6.1% |
| 2006 | 66.4% | +2.2% |
| 2007 | 65.6% | -1.2% |
| 2008 | 66.0% | +0.6% |
| 2009 | 67.4% | +2.2% |
| 2010 | 63.5% | -5.9% |
| 2011 | 61.5% | -3.0% |
| 2012 | 64.9% | +5.4% |
| 2013 | 62.8% | -3.2% |
| 2014 | 59.4% | -5.5% |
| 2015 | 55.9% | -5.8% |
| 2016 | 59.4% | +6.2% |
| 2017 | 59.6% | +0.3% |
| 2018 | 59.5% | -0.1% |
| 2019 | 59.6% | +0.1% |
| 2020 | 56.9% | -4.6% |
| 2021 | 56.2% | -1.2% |
| 2022 | 57.7% | +2.6% |
| 2023 | 52.6% | -8.7% |
Mongolia compared with similar countries
- Mongolia's 52.6% is below the median for upper middle income countries, which is 56.4%, 93% of the median. (59 countries reporting)
- Mongolia's 52.6% is below the median for East Asia & Pacific, which is 59.6%, 88% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 79.0% | 64.3% | 91.9% | 9 |
| 1990s | 83.2% | 73.0% | 90.7% | 10 |
| 2000s | 69.6% | 65.0% | 77.9% | 10 |
| 2010s | 60.6% | 55.9% | 64.9% | 10 |
| 2020s | 55.8% | 52.6% | 57.7% | 4 |
Countries ranked near Mongolia
- 122 South Africa 53.3% compare
- 123 Algeria 53.3% compare
- 124 Pakistan 52.9% compare
- 126 United States of America 52.5% compare
- 127 Kazakhstan 52.4% compare
- 128 Cuba 52.2% compare
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 imports from high-income economies in Mongolia?
- Merchandise imports from high-income economies in Mongolia was 52.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from high-income economies recorded in Mongolia?
- The highest recorded value was 91.9% in 1982.
- What is the lowest merchandise imports from high-income economies recorded in Mongolia?
- The lowest recorded value was 52.6% in 2023.
- How does Mongolia rank for merchandise imports from high-income economies?
- Mongolia ranks 125th out of 206 countries with data for 2023.
- Is merchandise imports from high-income economies rising or falling in Mongolia?
- Over the last ten years it is down 16.2%. The long-run trend across the full record is falling.
- Where does this Mongolia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.