Merchandise trade in Mongolia
Mongolia: Merchandise trade was 106.7% in 2025. ▲ Rising
Merchandise trade in Mongolia, 1980–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
In 2025, merchandise trade in Mongolia stood at 106.7%.
The figure is down 7.3% on the previous year and up 46.5% over ten years.
Over the whole period, merchandise trade in Mongolia peaked at 123.9% in 2022 and was at its lowest, 29.8%, in 1991.
Mongolia ranks 21st of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 46 years of available data.
Merchandise trade in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 45.3% | — |
| 1981 | 50.8% | +12.2% |
| 1982 | 52.9% | +4.2% |
| 1983 | 56.4% | +6.6% |
| 1984 | 78.6% | +39.2% |
| 1985 | 81.6% | +3.8% |
| 1986 | 64.0% | -21.5% |
| 1987 | 60.3% | -5.9% |
| 1988 | 57.8% | -4.1% |
| 1989 | 47.1% | -18.5% |
| 1990 | 61.9% | +31.5% |
| 1991 | 29.8% | -51.9% |
| 1992 | 61.2% | +105.5% |
| 1993 | 99.2% | +61.9% |
| 1994 | 66.3% | -33.1% |
| 1995 | 61.2% | -7.8% |
| 1996 | 65.0% | +6.3% |
| 1997 | 87.8% | +35.1% |
| 1998 | 85.8% | -2.3% |
| 1999 | 91.5% | +6.6% |
| 2000 | 101.2% | +10.7% |
| 2001 | 91.4% | -9.7% |
| 2002 | 87.0% | -4.8% |
| 2003 | 88.8% | +2.1% |
| 2004 | 94.9% | +6.9% |
| 2005 | 89.1% | -6.1% |
| 2006 | 88.7% | -0.5% |
| 2007 | 94.6% | +6.6% |
| 2008 | 109.5% | +15.7% |
| 2009 | 88.0% | -19.6% |
| 2010 | 85.9% | -2.4% |
| 2011 | 109.7% | +27.6% |
| 2012 | 90.5% | -17.5% |
| 2013 | 84.5% | -6.7% |
| 2014 | 90.1% | +6.6% |
| 2015 | 72.9% | -19.1% |
| 2016 | 74.0% | +1.6% |
| 2017 | 91.8% | +24.0% |
| 2018 | 97.8% | +6.5% |
| 2019 | 96.8% | -1.0% |
| 2020 | 96.7% | -0.1% |
| 2021 | 105.2% | +8.8% |
| 2022 | 123.9% | +17.7% |
| 2023 | 120.2% | -3.0% |
| 2024 | 115.1% | -4.2% |
| 2025 | 106.7% | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 59.5% | 45.3% | 81.6% | 10 |
| 1990s | 71.0% | 29.8% | 99.2% | 10 |
| 2000s | 93.3% | 87.0% | 109.5% | 10 |
| 2010s | 89.4% | 72.9% | 109.7% | 10 |
| 2020s | 111.3% | 96.7% | 123.9% | 6 |
Countries ranked near Mongolia
More private sector data for Mongolia
- 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$), annual growth rate -0.1394 % change on previous year (2025)
- Merchandise imports (current US$), per capita 3,170 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Mongolia?
- Merchandise trade in Mongolia was 106.7% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Mongolia?
- The highest recorded value was 123.9% in 2022.
- What is the lowest merchandise trade recorded in Mongolia?
- The lowest recorded value was 29.8% in 1991.
- How does Mongolia rank for merchandise trade?
- Mongolia ranks 21st out of 204 countries with data for 2025.
- Is merchandise trade rising or falling in Mongolia?
- Over the last ten years it is up 46.5%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.