Goods exports in Mongolia
Mongolia: Goods exports was 14.75 billion BoP, current US$ in 2024. ◆ Volatile
Goods exports in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, goods exports in Mongolia stood at 14.75 billion BoP, current US$. That is the highest value across all 44 years on record.
The figure is up 6.0% on the previous year and up 169.6% over ten years.
Over the whole period, goods exports in Mongolia peaked at 14.75 billion BoP, current US$ in 2024 and was at its lowest, 346.50 million BoP, current US$, in 1991.
That places Mongolia 86th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 651.06 million BoP, current US$ | 438.10 million BoP, current US$ | 829.10 million BoP, current US$ | 9 |
| 1990s | 423.93 million BoP, current US$ | 346.50 million BoP, current US$ | 568.50 million BoP, current US$ | 10 |
| 2000s | 1.20 billion BoP, current US$ | 523.16 million BoP, current US$ | 2.51 billion BoP, current US$ | 10 |
| 2010s | 4.88 billion BoP, current US$ | 2.91 billion BoP, current US$ | 7.18 billion BoP, current US$ | 10 |
| 2020s | 10.73 billion BoP, current US$ | 6.99 billion BoP, current US$ | 14.75 billion BoP, current US$ | 5 |
Countries ranked near Mongolia
- 83 Uruguay 16.09 billion BoP, current US$ compare
- 84 Dominican Republic 15.96 billion BoP, current US$ compare
- 85 Paraguay 15.42 billion BoP, current US$ compare
- 87 Papua New Guinea 13.40 billion BoP, current US$ compare
- 88 Guatemala 13.33 billion BoP, current US$ compare
- 89 Jordan 13.29 billion BoP, current US$ compare
More economy & growth data for Mongolia
- External balance on goods and services as a percent of GDP 5.4% (2025)
- Inflation of consumer prices 8.6% (2025)
- GDP per capita 4,882 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 5.9% (2025)
- Gross domestic product (GDP) 17.42 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,882 constant 2015 US$ (2025)
- DEC alternative conversion factor 3,545 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.26 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 355.63 million current US$ (2025)
- Taxes less subsidies on products 8.52 trillion current LCU (2025)
Frequently asked questions
- What is goods exports in Mongolia?
- Goods exports in Mongolia was 14.75 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Mongolia?
- The highest recorded value was 14.75 billion BoP, current US$ in 2024.
- What is the lowest goods exports recorded in Mongolia?
- The lowest recorded value was 346.50 million BoP, current US$ in 1991.
- How does Mongolia rank for goods exports?
- Mongolia ranks 86th out of 198 countries with data for 2024.
- Is goods exports rising or falling in Mongolia?
- Over the last ten years it is up 169.6%. 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 Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of goods occur when there are 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. 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.