Imports of goods and services (BoP, current US$) in Mongolia
Mongolia: Imports of goods and services (BoP, current US$) was 16.14 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
16.14 billion BoP, current US$
Change on year
down 2.7%
World rank
106th
of 200 countries
All-time high
16.59 billion BoP, current US$
in 2024
All-time low
404.05 million BoP, current US$
in 1993
Years of data
45
1981–2025
Imports of goods and services in Mongolia, 1981–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, imports of goods and services in Mongolia stood at 16.14 billion BoP, current US$.
Compared with earlier readings it is down 2.7% on the previous year and up 205.3% over ten years.
Over the whole period, imports of goods and services in Mongolia peaked at 16.59 billion BoP, current US$ in 2024 and was at its lowest, 404.05 million BoP, current US$, in 1993.
That places Mongolia 106th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Mongolia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1981 | 1.27 billion BoP, current US$ | — |
| 1982 | 1.39 billion BoP, current US$ | +9.5% |
| 1983 | 1.41 billion BoP, current US$ | +0.9% |
| 1984 | 1.35 billion BoP, current US$ | -4.0% |
| 1985 | 1.41 billion BoP, current US$ | +4.1% |
| 1986 | 1.88 billion BoP, current US$ | +34.0% |
| 1987 | 1.89 billion BoP, current US$ | +0.1% |
| 1988 | 1.92 billion BoP, current US$ | +2.0% |
| 1989 | 1.98 billion BoP, current US$ | +2.9% |
| 1990 | 1.08 billion BoP, current US$ | -45.6% |
| 1991 | 504.15 million BoP, current US$ | -53.1% |
| 1992 | 447.14 million BoP, current US$ | -11.3% |
| 1993 | 404.05 million BoP, current US$ | -9.6% |
| 1994 | 424.56 million BoP, current US$ | +5.1% |
| 1995 | 521.10 million BoP, current US$ | +22.7% |
| 1996 | 572.50 million BoP, current US$ | +9.9% |
| 1997 | 593.12 million BoP, current US$ | +3.6% |
| 1998 | 671.90 million BoP, current US$ | +13.3% |
| 1999 | 652.31 million BoP, current US$ | -2.9% |
| 2000 | 771.06 million BoP, current US$ | +18.2% |
| 2001 | 828.80 million BoP, current US$ | +7.5% |
| 2002 | 946.67 million BoP, current US$ | +14.2% |
| 2003 | 1.08 billion BoP, current US$ | +14.5% |
| 2004 | 1.41 billion BoP, current US$ | +29.7% |
| 2005 | 1.57 billion BoP, current US$ | +11.4% |
| 2006 | 1.83 billion BoP, current US$ | +16.6% |
| 2007 | 2.47 billion BoP, current US$ | +35.1% |
| 2008 | 3.77 billion BoP, current US$ | +52.7% |
| 2009 | 2.63 billion BoP, current US$ | -30.2% |
| 2010 | 3.87 billion BoP, current US$ | +47.1% |
| 2011 | 8.09 billion BoP, current US$ | +109.2% |
| 2012 | 8.91 billion BoP, current US$ | +10.0% |
| 2013 | 8.40 billion BoP, current US$ | -5.7% |
| 2014 | 7.19 billion BoP, current US$ | -14.4% |
| 2015 | 5.29 billion BoP, current US$ | -26.4% |
| 2016 | 5.61 billion BoP, current US$ | +6.0% |
| 2017 | 6.52 billion BoP, current US$ | +16.4% |
| 2018 | 8.48 billion BoP, current US$ | +30.0% |
| 2019 | 9.25 billion BoP, current US$ | +9.1% |
| 2020 | 7.34 billion BoP, current US$ | -20.6% |
| 2021 | 9.26 billion BoP, current US$ | +26.1% |
| 2022 | 12.11 billion BoP, current US$ | +30.9% |
| 2023 | 13.54 billion BoP, current US$ | +11.8% |
| 2024 | 16.59 billion BoP, current US$ | +22.5% |
| 2025 | 16.14 billion BoP, current US$ | -2.7% |
Mongolia compared with similar countries
- Mongolia's 16.14 billion BoP, current US$ is below the median for upper middle income countries, which is 20.24 billion BoP, current US$, 80% of the median. (57 countries reporting)
- Mongolia's 16.14 billion BoP, current US$ is above the median for East Asia & Pacific, which is 11.83 billion BoP, current US$, 1.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.61 billion BoP, current US$ | 1.27 billion BoP, current US$ | 1.98 billion BoP, current US$ | 9 |
| 1990s | 586.66 million BoP, current US$ | 404.05 million BoP, current US$ | 1.08 billion BoP, current US$ | 10 |
| 2000s | 1.73 billion BoP, current US$ | 771.06 million BoP, current US$ | 3.77 billion BoP, current US$ | 10 |
| 2010s | 7.16 billion BoP, current US$ | 3.87 billion BoP, current US$ | 9.25 billion BoP, current US$ | 10 |
| 2020s | 12.50 billion BoP, current US$ | 7.34 billion BoP, current US$ | 16.59 billion BoP, current US$ | 6 |
Countries ranked near Mongolia
- 103 Tanzania 16.99 billion BoP, current US$ compare
- 104 Armenia 16.57 billion BoP, current US$ compare
- 105 Iceland 16.41 billion BoP, current US$ compare
- 107 Nepal 15.96 billion BoP, current US$ compare
- 108 Kyrgyzstan 15.10 billion BoP, current US$ compare
- 109 Senegal 14.92 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)
- SDRs holdings, US dollar, annual growth rate -2.15 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 24.74 units per person (2025)
- SDRs holdings, SDR, annual growth rate -6.82 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 18.07 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -22.42 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0068 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Mongolia?
- Imports of goods and services in Mongolia was 16.14 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Mongolia?
- The highest recorded value was 16.59 billion BoP, current US$ in 2024.
- What is the lowest imports of goods and services recorded in Mongolia?
- The lowest recorded value was 404.05 million BoP, current US$ in 1993.
- How does Mongolia rank for imports of goods and services?
- Mongolia ranks 106th out of 200 countries with data for 2025.
- Is imports of goods and services rising or falling in Mongolia?
- Over the last ten years it is up 205.3%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.