Mongolia vs Russian Federation: External balance on goods and services

Mongolia
4.88 trillion current LCU
in 2025
Russian Federation
5.78 trillion current LCU
in 2025
Mongolia rank
11th
Russian Federation rank
10th

External balance on goods and services over time

  • Mongolia
  • Russian Federation
-5.0T05.0T10.0T15.0T20.0T198120032025

How they compare

Russian Federation currently reports 5.78 trillion current LCU against 4.88 trillion current LCU in Mongolia, a difference of 892.45 billion current LCU.

That makes Russian Federation's figure about 1.2 times Mongolia's.

Across all 37 years both countries report, Russian Federation has been ahead every year.

Mongolia ranks 11th and Russian Federation ranks 10th of 192 countries.

Russian Federation has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Mongolia Russian Federation Difference Ahead
1980s -3.37 billion current LCU 5.10 million current LCU 3.37 billion current LCU Russian Federation
1990s -32.35 billion current LCU 122.63 billion current LCU 154.98 billion current LCU Russian Federation
2000s -234.34 billion current LCU 2.33 trillion current LCU 2.56 trillion current LCU Russian Federation
2010s -1.80 trillion current LCU 5.69 trillion current LCU 7.49 trillion current LCU Russian Federation
2020s 1.26 trillion current LCU 9.97 trillion current LCU 8.70 trillion current LCU Russian Federation

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Mongolia or Russian Federation?
Russian Federation, at 5.78 trillion current LCU against 4.88 trillion current LCU in Mongolia as of 2025.
What is the difference in external balance on goods and services between Mongolia and Russian Federation?
892.45 billion current LCU, with Russian Federation ahead.
How many years of comparable data are there for Mongolia and Russian Federation?
37 years are reported by both, from 1989 to 2025.
How do Mongolia and Russian Federation rank globally for external balance on goods and services?
Mongolia ranks 11th and Russian Federation ranks 10th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mongolia vs Russian Federation: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 26 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu/mongolia/russian-federation/

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About this data

Indicator
External balance on goods and services (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,054 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.