Merchandise imports from low- and middle-income economies in Europe & in Mongolia
Mongolia: Merchandise imports from low- and middle-income economies in Europe & was 2.3% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Europe & in Mongolia, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Mongolia recorded 2.3% for merchandise imports from low- and middle-income economies in europe & in 2023.
That represents a change of down 6.6% on the previous year and down 51.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in europe & in Mongolia peaked at 5.8% in 2006 and was at its lowest, 0.0%, in 1994.
That places Mongolia 81st out of 206 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 imports from low- and middle-income economies in Europe & in Mongolia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1992 | 0.1% | — |
| 1993 | 0.4% | +190.1% |
| 1994 | 0.0% | -89.0% |
| 1995 | 0.6% | +1559.4% |
| 1996 | 3.2% | +397.0% |
| 1997 | 1.3% | -59.1% |
| 1998 | 1.7% | +32.8% |
| 1999 | 1.3% | -23.4% |
| 2000 | 2.4% | +81.6% |
| 2001 | 5.4% | +121.6% |
| 2002 | 2.6% | -51.2% |
| 2003 | 2.5% | -5.2% |
| 2004 | 5.0% | +100.9% |
| 2005 | 5.7% | +15.3% |
| 2006 | 5.8% | +1.8% |
| 2007 | 3.9% | -32.5% |
| 2008 | 3.0% | -23.4% |
| 2009 | 3.7% | +21.1% |
| 2010 | 2.4% | -33.3% |
| 2011 | 4.3% | +75.9% |
| 2012 | 3.9% | -9.4% |
| 2013 | 4.7% | +20.3% |
| 2014 | 3.2% | -31.2% |
| 2015 | 3.2% | +0.5% |
| 2016 | 3.3% | +2.9% |
| 2017 | 2.9% | -13.9% |
| 2018 | 2.4% | -16.4% |
| 2019 | 2.4% | +1.4% |
| 2020 | 2.8% | +14.1% |
| 2021 | 2.6% | -7.4% |
| 2022 | 2.4% | -5.6% |
| 2023 | 2.3% | -6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | 0.0% | 3.2% | 8 |
| 2000s | 4.0% | 2.4% | 5.8% | 10 |
| 2010s | 3.3% | 2.4% | 4.7% | 10 |
| 2020s | 2.5% | 2.3% | 2.8% | 4 |
Countries ranked near Mongolia
- 78 Burkina Faso 2.4% compare
- 79 Gabon 2.3% compare
- 80 United Kingdom of Great Britain and Northern Ireland 2.3% compare
- 82 Côte d'Ivoire 2.2% compare
- 83 South Sudan 2.1% compare
- 84 Burundi 2.1% 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 low- and middle-income economies in europe & in Mongolia?
- Merchandise imports from low- and middle-income economies in europe & in Mongolia was 2.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in europe & recorded in Mongolia?
- The highest recorded value was 5.8% in 2006.
- What is the lowest merchandise imports from low- and middle-income economies in europe & recorded in Mongolia?
- The lowest recorded value was 0.0% in 1994.
- How does Mongolia rank for merchandise imports from low- and middle-income economies in europe &?
- Mongolia ranks 81st out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in europe & rising or falling in Mongolia?
- Over the last ten years it is down 51.7%. 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 imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region 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.