Merchandise imports from low- and middle-income economies in South in Mongolia
Mongolia: Merchandise imports from low- and middle-income economies in South was 0.9% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in South in Mongolia, 1982–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in south in Mongolia stood at 0.9%.
The figure is down 29.7% on the previous year and up 43.4% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in south in Mongolia peaked at 1.2% in 2022 and was at its lowest, 0.1%, in 1990.
That places Mongolia 165th out of 205 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 imports from low- and middle-income economies in South in Mongolia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1982 | 0.1% | — |
| 1987 | 0.2% | +63.2% |
| 1988 | 0.2% | +20.7% |
| 1989 | 0.2% | -19.3% |
| 1990 | 0.1% | -57.7% |
| 1991 | 0.7% | +842.7% |
| 1992 | 0.6% | -11.2% |
| 1993 | 0.5% | -21.3% |
| 1995 | 0.3% | -29.8% |
| 1996 | 0.1% | -74.7% |
| 1997 | 0.2% | +114.2% |
| 1998 | 0.4% | +110.1% |
| 1999 | 0.4% | -5.9% |
| 2000 | 0.5% | +52.4% |
| 2001 | 0.2% | -59.2% |
| 2002 | 0.2% | -29.3% |
| 2003 | 0.1% | -26.1% |
| 2004 | 0.1% | -26.6% |
| 2005 | 0.2% | +129.5% |
| 2006 | 0.2% | +17.1% |
| 2007 | 0.5% | +100.5% |
| 2008 | 0.6% | +35.5% |
| 2009 | 0.7% | +8.1% |
| 2010 | 0.6% | -10.8% |
| 2011 | 0.7% | +22.1% |
| 2012 | 0.9% | +18.7% |
| 2013 | 0.6% | -32.1% |
| 2014 | 0.3% | -45.6% |
| 2015 | 0.6% | +92.4% |
| 2016 | 1.0% | +60.3% |
| 2017 | 1.1% | +5.5% |
| 2018 | 1.0% | -0.1% |
| 2019 | 0.8% | -26.0% |
| 2020 | 0.9% | +13.4% |
| 2021 | 1.1% | +26.9% |
| 2022 | 1.2% | +8.3% |
| 2023 | 0.9% | -29.7% |
Mongolia compared with similar countries
- Mongolia's 0.9% is below the median for upper middle income countries, which is 2.0%, 42% of the median. (59 countries reporting)
- Mongolia's 0.9% is below the median for East Asia & Pacific, which is 1.0%, 87% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in South 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 | +842.7% | 0.1% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2% | 0.1% | 0.2% | 4 |
| 1990s | 0.4% | 0.1% | 0.7% | 9 |
| 2000s | 0.3% | 0.1% | 0.7% | 10 |
| 2010s | 0.8% | 0.3% | 1.1% | 10 |
| 2020s | 1.0% | 0.9% | 1.2% | 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 imports from low- and middle-income economies in south in Mongolia?
- Merchandise imports from low- and middle-income economies in south in Mongolia was 0.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in south recorded in Mongolia?
- The highest recorded value was 1.2% in 2022.
- What is the lowest merchandise imports from low- and middle-income economies in south recorded in Mongolia?
- The lowest recorded value was 0.1% in 1990.
- How does Mongolia rank for merchandise imports from low- and middle-income economies in south?
- Mongolia ranks 165th out of 205 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in south rising or falling in Mongolia?
- Over the last ten years it is up 43.4%. 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 South 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 South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.