Mongolia Trade Balance

1997 - 2024 | Monthly | USD mn | CEIC Data

Key information about Mongolia's Trade Balance

  • Mongolia's Trade Balance recorded a surplus of 252.4 USD mn in Feb 2024, compared with a surplus of 392.0 USD mn in the previous month
  • Mongolia's Trade Balance data is updated monthly, available from Jan 1997 to Feb 2024, with an averaged value of -1.1 USD mn
  • The data reached an all-time high of 776.3 USD mn in Mar 2023 and a record low of -369.8 USD mn in Jul 2012
The National Statistics Office of Mongolia provides monthly Trade Balance in USD.

Further information about Mongolia's Trade Balance

  • In the latest reports, Mongolia's Total Exports reached 913.0 USD mn in Feb 2024, a decrease of 29.6% YoY (year-on-year)
  • Total Imports recorded 660.6 USD mn in Feb 2024, an increase of 29.6% YoY (year-on-year)

View Mongolia's Trade Balance from Jan 1997 to Feb 2024 in the chart:

Mongolia Trade Balance

What was Mongolia's Trade Balance in Feb 2024?

Mongolia's Trade Balance recorded a surplus of 252.4 USD mn in Feb 2024, compared with a surplus of 392.0 USD mn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
252.4 Feb 2024 392.0 Jan 2024 -369.8 Jul 2012 776.3 Mar 2023 USD mn monthly Jan 1997 - Feb 2024

Trade Balance by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) -438.6 Mar 2024 monthly Oct 1998 - Mar 2024
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 1,345.7 Feb 2024 monthly Jan 1991 - Feb 2024
Armenia (USD mn) 102.3 Feb 2024 monthly Nov 1995 - Feb 2024
Australia (USD mn) 4,748.7 Feb 2024 monthly Jul 1971 - Feb 2024
Austria (USD mn) 1,200.8 Oct 2023 monthly Jan 1957 - Oct 2023
Azerbaijan (USD mn) -60.6 Mar 2024 monthly Jan 2000 - Mar 2024
Bahrain (USD mn) 8,242.9 2022 yearly 1966 - 2022
Bangladesh (USD mn) -2,231.5 Jan 2024 monthly Jul 1986 - Jan 2024
Belarus (USD mn) 98.5 Jan 2024 monthly Jan 2000 - Jan 2024
Belgium (USD mn) 1,030.9 Jan 2024 monthly Jan 1993 - Jan 2024
Bolivia (USD mn) -174.3 Jan 2024 monthly Oct 1994 - Jan 2024
Bosnia and Herzegovina (USD mn) -657.5 Feb 2024 monthly Jan 2000 - Feb 2024
Botswana (USD mn) -198.3 Jan 2024 monthly Jan 2001 - Jan 2024
Brazil (USD mn) 7,482.7 Mar 2024 monthly Jan 1959 - Mar 2024
Brunei (USD mn) 685.7 Dec 2023 monthly Jan 2010 - Dec 2023
Bulgaria (USD mn) -684.4 Jan 2024 monthly Jan 1995 - Jan 2024
Cambodia (USD mn) -60.2 Feb 2024 monthly Jun 2013 - Feb 2024
Canada (USD mn) 1,030.8 Feb 2024 monthly Jan 1988 - Feb 2024
Chile (USD mn) 1,769.8 Mar 2024 monthly Jan 1968 - Mar 2024
China (USD mn) 39,705.5 Feb 2024 monthly Jan 1992 - Feb 2024
Colombia (USD mn) -1,213.2 Jan 2024 monthly Jan 1958 - Jan 2024
Croatia (USD mn) -1,343.3 Jan 2024 monthly Jan 1993 - Jan 2024
Cyprus (USD mn) -617.5 Jan 2024 monthly Jan 1957 - Jan 2024
Czech Republic (USD mn) 3,162.3 Feb 2024 monthly Jan 1996 - Feb 2024
Denmark (USD mn) 1,145.3 Feb 2024 monthly Jan 1997 - Feb 2024
Ecuador (USD mn) 439.4 Jan 2024 monthly Mar 1992 - Jan 2024
Egypt (USD mn) -2,724.0 Feb 2024 monthly Jan 1957 - Feb 2024
Estonia (USD mn) -217.8 Feb 2024 monthly Jan 1993 - Feb 2024
European Union (USD mn) 26,688.4 Jan 2024 monthly Jan 2002 - Jan 2024
Finland (USD mn) -300.0 Dec 2023 monthly Jan 1992 - Dec 2023
France (USD mn) -5,659.8 Feb 2024 monthly Jan 2000 - Feb 2024
Georgia (USD mn) -650.6 Feb 2024 monthly Jan 1995 - Feb 2024
Germany (USD mn) 23,053.8 Feb 2024 monthly Jan 1957 - Feb 2024
Ghana (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Greece (USD mn) -3,274.6 Feb 2024 monthly Jan 2002 - Feb 2024
Hong Kong SAR, China (USD mn) -5,325.0 Feb 2024 monthly Jan 1957 - Feb 2024
Hungary (USD mn) 0.0 Feb 2024 monthly Jan 1976 - Feb 2024
Iceland (USD mn) -111.0 Feb 2024 monthly Jan 1957 - Feb 2024
India (USD mn) -18,710.0 Feb 2024 monthly Jan 1957 - Feb 2024
Indonesia (USD mn) 867.0 Feb 2024 monthly Jan 1967 - Feb 2024
Iran (USD mn) 22,668.0 2021 yearly 1948 - 2021
Ireland (USD mn) 9,552.3 Jan 2024 monthly Jan 1970 - Jan 2024
Israel (USD mn) -2,822.3 Feb 2024 monthly Jan 1988 - Feb 2024
Italy (USD mn) 7,379.7 Jan 2024 monthly Jan 1993 - Jan 2024
Ivory Coast (USD mn) 1,715.9 Dec 2023 monthly Jan 1981 - Dec 2023
Japan (USD mn) -3,018.4 Feb 2024 monthly Apr 1995 - Feb 2024
Jordan (USD mn) -942.6 Jan 2024 monthly Jan 1972 - Jan 2024
Kazakhstan (USD mn) 1,721.3 Jan 2024 monthly Sep 1995 - Jan 2024
Kenya (USD mn) -957.2 Jan 2024 monthly Oct 1992 - Jan 2024
South Korea (USD mn) 4,291.2 Mar 2024 monthly Jan 1966 - Mar 2024
Kosovo (USD mn) -429.0 Feb 2024 monthly Jan 2003 - Feb 2024
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -806.2 Jan 2024 monthly Jan 2002 - Jan 2024
Laos (USD mn) 97.3 Sep 2023 quarterly Dec 1992 - Sep 2023
Latvia (USD mn) 43.7 Jan 2024 monthly Jan 1995 - Jan 2024
Lebanon (USD mn) -397.4 Aug 2023 monthly Jan 1993 - Aug 2023
Lithuania (USD mn) -125.5 Feb 2024 monthly Jan 1999 - Feb 2024
Luxembourg (USD mn) -668.8 Jan 2024 monthly Jan 1988 - Jan 2024
Macau SAR, China (USD mn) -977.3 Feb 2024 monthly Jan 1998 - Feb 2024
North Macedonia (USD mn) -309.5 Feb 2024 monthly Dec 1993 - Feb 2024
Malawi (USD mn) -42.8 Feb 2023 monthly Jan 1964 - Feb 2023
Malaysia (USD mn) 2,506.1 Feb 2024 monthly Jan 1990 - Feb 2024
Malta (USD mn) -188.9 Feb 2024 monthly Jan 1960 - Feb 2024
Mauritius (USD mn) -310.5 Jan 2024 monthly Jan 2006 - Jan 2024
Mexico (USD mn) -1,609.5 Feb 2024 monthly Jan 1993 - Feb 2024
Moldova (USD mn) -498.7 Dec 2023 monthly Jan 1992 - Dec 2023
Mongolia (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
Montenegro (USD mn) -280.4 Dec 2023 monthly Jan 2005 - Dec 2023
Morocco (USD mn) -4,150.1 Feb 2024 monthly Jan 1957 - Feb 2024
Mozambique (USD mn) 89.3 Dec 2023 monthly Jan 2011 - Dec 2023
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -893.2 Mar 2024 monthly Aug 1974 - Mar 2024
Netherlands (USD mn) 12,662.3 Feb 2024 monthly Jan 1996 - Feb 2024
New Zealand (USD mn) -133.5 Feb 2024 monthly Jan 1960 - Feb 2024
Nigeria (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Norway (USD mn) 4,906.7 Feb 2024 monthly Jan 1957 - Feb 2024
Oman (USD mn) 2,280.9 Jan 2024 monthly Jan 1975 - Jan 2024
Pakistan (USD mn) -2,171.0 Mar 2024 monthly Jan 1968 - Mar 2024
Palestinian Territory (USD mn) -354.9 Jan 2024 monthly Jan 2011 - Jan 2024
Panama (USD mn) -1,031.9 Jan 2024 monthly Jan 1964 - Jan 2024
Paraguay (USD mn) 349.0 Feb 2024 monthly Jan 1994 - Feb 2024
Peru (USD mn) 1,473.3 Jan 2024 monthly Jan 1985 - Jan 2024
Philippines (USD mn) -4,221.1 Jan 2024 monthly Jan 1957 - Jan 2024
Poland (USD mn) 1,590.4 Jan 2024 monthly Jan 1986 - Jan 2024
Portugal (USD mn) -2,543.2 Feb 2024 monthly Jan 1957 - Feb 2024
Qatar (USD mn) 4,964.0 Feb 2024 monthly Jan 2014 - Feb 2024
Romania (USD mn) -2,346.4 Feb 2024 monthly Aug 1990 - Feb 2024
Russia (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Saudi Arabia (USD mn) 111,202.9 2023 yearly 1957 - 2023
Serbia (USD mn) -769.3 Feb 2024 monthly Jan 2001 - Feb 2024
Singapore (USD mn) 4,438.4 Feb 2024 monthly Jan 1976 - Feb 2024
Slovakia (USD mn) 700.9 Feb 2024 monthly Jan 2004 - Feb 2024
Slovenia (USD mn) -1,069.1 Feb 2024 monthly Nov 1991 - Feb 2024
South Africa (USD mn) 738.4 Feb 2024 monthly Oct 2004 - Feb 2024
Spain (USD mn) -3,292.3 Jan 2024 monthly Feb 1974 - Jan 2024
Sri Lanka (USD mn) -319.1 Feb 2024 monthly Jan 1982 - Feb 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 891.9 Feb 2024 monthly Jan 1957 - Feb 2024
Switzerland (USD mn) 4,304.1 Feb 2024 monthly Jan 1957 - Feb 2024

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Mongolia Key Series

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Includes 212 key indicators for Mongolia, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.1 Dec 2023 quarterly Dec 2000 - Dec 2023
Consolidated Fiscal Balance (USD mn) 196.620 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue (USD mn) 582.910 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue: % of GDP (%) 19.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
Forecast: Government Expenditure (MNT bn) 42,528.460 2028 yearly 1981 - 2028
Forecast: Government Net Debt (MNT bn) 90,114.430 2028 yearly 2006 - 2028
Forecast: Government Revenue (MNT bn) 39,675.330 2028 yearly 1981 - 2028
General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 646,268.369 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Net Lending (MNT mn) 34,495.933 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 859,511.784 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 200,874.250 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Balance: ytd (MNT mn) 1,342,943.738 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Expenditure (MNT mn) 3,724,681.023 Feb 2024 monthly Dec 1999 - Feb 2024
General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 3,078,412.654 Feb 2024 monthly Dec 1999 - Feb 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
Trade Balance (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
Total Exports (USD mn) 913.0 Feb 2024 monthly Jan 1997 - Feb 2024
Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
Aluminum: Exports (USD th) 7,160.872 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 100.343 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 83.518 2022 yearly 1995 - 2022
Total Imports (USD mn) 660.6 Feb 2024 monthly Jan 1997 - Feb 2024
Total Imports Growth (%) 29.6 Feb 2024 monthly Jan 1998 - Feb 2024
Imports: Medicament (USD th) 140,968.073 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 71,770.506 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 0.307 Feb 2024 monthly Dec 1999 - Feb 2024
Total Imports from USA (USD mn) 22.150 Feb 2024 monthly Dec 1999 - Feb 2024
Total Exports to China (USD mn) 1,198.029 Jan 2024 monthly Dec 1999 - Jan 2024
Total Imports from China (USD mn) 184.224 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Live Animals and Products of Animal Origin (USD th) 7,508.623 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Textiles and Textile Articles (USD th) 7,249.815 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Mineral Products (USD th) 875,134.166 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
Exports: Europe: European Union: ow United Kingdom (USD th) 140.450 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: Asia: North Eastern: ow China (USD th) 887,716.060 Feb 2024 monthly Dec 1999 - Feb 2024
Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 132,229.588 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Mineral Products (USD th) 192,085.521 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Base Metals and Articles Thereof (USD th) 35,790.276 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Food Products (USD th) 49,016.319 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 122,056.008 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow China (USD th) 184,794.549 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: America: ow USA (USD th) 22,149.732 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Europe: Others: ow Russian Federation (USD th) 210,974.018 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow Japan (USD th) 73,506.240 Feb 2024 monthly Dec 1999 - Feb 2024
Imports: Asia: North Eastern: ow Republic of Korea (USD th) 29,531.059 Feb 2024 monthly Dec 1999 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 3.3 Feb 2024 monthly Jan 2009 - Feb 2024
Current Account Balance (USD mn) -144.7 Feb 2024 monthly Jan 2009 - Feb 2024
Current Account Balance: % of GDP (%) -4.9 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Direct Investment (USD mn) 267.1 Feb 2024 monthly Jan 2009 - Feb 2024
Foreign Direct Investment: % of GDP (%) 11.6 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment (USD mn) -509.520 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -7.8 Dec 2023 quarterly Mar 2000 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -0.1 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -509.375 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 34,569.8 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: % of GDP (%) 174.0 2023 yearly 1992 - 2023
External Debt: Short Term (USD mn) 2,388.2 Dec 2023 quarterly Mar 2000 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.7 2023 yearly 1992 - 2023
Forecast: Current Account Balance (USD bn) -1.770 2028 yearly 1991 - 2028
Net International Investment Position (USD mn) -41,852.420 Jun 2023 quarterly Dec 2010 - Jun 2023
Balance of Payments (BoP): Current Account (CA) (USD mn) -144.653 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Goods (USD mn) 142.799 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Goods & Services: Services (USD mn) -270.867 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Primary Income (USD mn) -148.900 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: CA: Secondary Income (USD mn) 132.315 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Asset (USD mn) 3.286 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Financial Account (FA) (USD mn) -310.619 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment (USD mn) -263.832 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Capital Account (USD mn) 10.392 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Direct Investment: Liabilities (USD mn) 267.118 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment: Liabilities (USD mn) -5.469 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment: Asset (USD mn) 27.697 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives: Asset (USD mn) -2.282 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives (USD mn) -2.255 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Financial Derivatives: Liabilities (USD mn) -0.026 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Liabilities (USD mn) -2.388 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: OI: Asset (USD mn) -80.085 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Portfolio Investment (USD mn) 33.165 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Reserves: Assets (USD mn) 125.115 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: Net Errors & Omissions (USD mn) -51.244 Feb 2024 monthly Jan 2009 - Feb 2024
BoP: FA: Other Investment (OI) (USD mn) -77.698 Feb 2024 monthly Jan 2009 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.3 Feb 2024 monthly Dec 1996 - Feb 2024
Household Debt: % of GDP (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Non-Performing Loans (USD mn) 604.265 Feb 2024 monthly Dec 1996 - Feb 2024
Money Supply M1 (USD mn) 2,800.237 Feb 2024 monthly Dec 1996 - Feb 2024
Money Supply M2 (USD mn) 11,119.003 Feb 2024 monthly Dec 1996 - Feb 2024
M2 Growth (%) 24.3 Feb 2024 monthly Dec 1997 - Feb 2024
Reserve Requirement Ratio (%) 8.0 Mar 2024 monthly Jan 2005 - Mar 2024
Foreign Exchange Reserves (USD mn) 4,293.4 Feb 2024 monthly Dec 1992 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 21.476 Dec 2023 quarterly Dec 2010 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 6.5 Feb 2024 monthly Jan 1997 - Feb 2024
Gold Reserves (USD mn) 569.051 Feb 2024 monthly Dec 1980 - Feb 2024
Total Deposits (USD mn) 6,653.085 Feb 2024 monthly Jan 2000 - Feb 2024
Total Deposits Growth (%) 20.3 Feb 2024 monthly Jan 2001 - Feb 2024
Domestic Credit (USD mn) 8,409.9 Feb 2024 monthly Dec 1992 - Feb 2024
Domestic Credit Growth (%) 12.1 Feb 2024 monthly Dec 1993 - Feb 2024
Household Debt (USD mn) 4,834.2 Feb 2024 monthly Jan 2004 - Feb 2024
Total Loans (USD mn) 8,292.988 Feb 2024 monthly Dec 1996 - Feb 2024
Total Loans Growth (%) 23.91 Feb 2024 monthly Dec 1997 - Feb 2024
Private Debt: % of Nominal GDP (%) 38.96 Dec 2023 quarterly Dec 2010 - Dec 2023
Money Supply: M2: M1 (MNT mn) 9,470,094.647 Feb 2024 monthly Dec 1990 - Feb 2024
International Reserves: Gross (USD mn) 5,249.820 Mar 2024 monthly Jan 2006 - Mar 2024
Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 2,043,556.267 Feb 2024 monthly Dec 1996 - Feb 2024

More Indicators for Mongolia

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