Exports of goods and services in Mongolia
Mongolia: Exports of goods and services was 16.35 billion BoP, current US$ in 2024. ◆ Volatile
Exports of goods and services in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Mongolia is 16.35 billion BoP, current US$, measured in 2024. That is the highest value across all 44 years on record.
The figure is up 5.5% on the previous year and up 169.1% over ten years.
Over the whole period, exports of goods and services in Mongolia peaked at 16.35 billion BoP, current US$ in 2024 and was at its lowest, 373.00 million BoP, current US$, in 1991.
That places Mongolia 97th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Mongolia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1981 | 475.40 million BoP, current US$ | — |
| 1982 | 567.10 million BoP, current US$ | +19.3% |
| 1983 | 612.10 million BoP, current US$ | +7.9% |
| 1984 | 648.80 million BoP, current US$ | +6.0% |
| 1985 | 637.00 million BoP, current US$ | -1.8% |
| 1986 | 825.10 million BoP, current US$ | +29.5% |
| 1987 | 906.10 million BoP, current US$ | +9.8% |
| 1988 | 923.40 million BoP, current US$ | +1.9% |
| 1989 | 832.20 million BoP, current US$ | -9.9% |
| 1990 | 492.90 million BoP, current US$ | -40.8% |
| 1991 | 373.00 million BoP, current US$ | -24.3% |
| 1992 | 390.60 million BoP, current US$ | +4.7% |
| 1993 | 391.80 million BoP, current US$ | +0.3% |
| 1994 | 412.40 million BoP, current US$ | +5.3% |
| 1995 | 508.30 million BoP, current US$ | +23.3% |
| 1996 | 479.10 million BoP, current US$ | -5.7% |
| 1997 | 621.20 million BoP, current US$ | +29.7% |
| 1998 | 540.20 million BoP, current US$ | -13.0% |
| 1999 | 525.24 million BoP, current US$ | -2.8% |
| 2000 | 613.34 million BoP, current US$ | +16.8% |
| 2001 | 636.70 million BoP, current US$ | +3.8% |
| 2002 | 708.48 million BoP, current US$ | +11.3% |
| 2003 | 835.22 million BoP, current US$ | +17.9% |
| 2004 | 1.21 billion BoP, current US$ | +44.9% |
| 2005 | 1.48 billion BoP, current US$ | +22.3% |
| 2006 | 2.03 billion BoP, current US$ | +37.1% |
| 2007 | 2.52 billion BoP, current US$ | +24.4% |
| 2008 | 3.03 billion BoP, current US$ | +19.9% |
| 2009 | 2.30 billion BoP, current US$ | -24.1% |
| 2010 | 3.39 billion BoP, current US$ | +47.6% |
| 2011 | 4.58 billion BoP, current US$ | +34.9% |
| 2012 | 4.45 billion BoP, current US$ | -2.7% |
| 2013 | 4.48 billion BoP, current US$ | +0.6% |
| 2014 | 6.08 billion BoP, current US$ | +35.7% |
| 2015 | 5.14 billion BoP, current US$ | -15.5% |
| 2016 | 5.60 billion BoP, current US$ | +9.1% |
| 2017 | 6.80 billion BoP, current US$ | +21.3% |
| 2018 | 7.71 billion BoP, current US$ | +13.4% |
| 2019 | 8.42 billion BoP, current US$ | +9.1% |
| 2020 | 7.65 billion BoP, current US$ | -9.1% |
| 2021 | 8.95 billion BoP, current US$ | +17.1% |
| 2022 | 10.99 billion BoP, current US$ | +22.8% |
| 2023 | 15.50 billion BoP, current US$ | +41.1% |
| 2024 | 16.35 billion BoP, current US$ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 714.13 million BoP, current US$ | 475.40 million BoP, current US$ | 923.40 million BoP, current US$ | 9 |
| 1990s | 473.47 million BoP, current US$ | 373.00 million BoP, current US$ | 621.20 million BoP, current US$ | 10 |
| 2000s | 1.54 billion BoP, current US$ | 613.34 million BoP, current US$ | 3.03 billion BoP, current US$ | 10 |
| 2010s | 5.66 billion BoP, current US$ | 3.39 billion BoP, current US$ | 8.42 billion BoP, current US$ | 10 |
| 2020s | 11.89 billion BoP, current US$ | 7.65 billion BoP, current US$ | 16.35 billion BoP, current US$ | 5 |
Countries ranked near Mongolia
- 94 Georgia 18.13 billion BoP, current US$ compare
- 95 Guatemala 17.98 billion BoP, current US$ compare
- 96 Myanmar 17.52 billion BoP, current US$ compare
- 98 Tanzania 15.97 billion BoP, current US$ compare
- 99 Iceland 15.56 billion BoP, current US$ compare
- 100 Armenia 14.65 billion BoP, current US$ compare
More economy & growth data for Mongolia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.08 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.17 Percent per annum (2029)
- GDP (current US$), annual growth rate 6.62 % change on previous year (2025)
- GDP (current US$), per capita 7,108 current US$ per person (2025)
- GDP (current LCU), annual growth rate 11.5 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 3,545 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 25.20 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 6.84 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.6868 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,882 constant 2015 US$ per person (2025)
Frequently asked questions
- What is exports of goods and services in Mongolia?
- Exports of goods and services in Mongolia was 16.35 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Mongolia?
- The highest recorded value was 16.35 billion BoP, current US$ in 2024.
- What is the lowest exports of goods and services recorded in Mongolia?
- The lowest recorded value was 373.00 million BoP, current US$ in 1991.
- How does Mongolia rank for exports of goods and services?
- Mongolia ranks 97th out of 199 countries with data for 2024.
- Is exports of goods and services rising or falling in Mongolia?
- Over the last ten years it is up 169.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.