Trade in Mongolia
Mongolia: Trade was 130.7% in 2025. ▲ Rising
Trade in Mongolia, 1981–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Mongolia recorded 130.7% for trade in 2025.
Compared with earlier readings it is down 5.6% on the previous year and up 45.8% over ten years.
Over the whole period, trade in Mongolia peaked at 142.9% in 2023 and was at its lowest, 58.6%, in 1990.
That places Mongolia 37th out of 192 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Trade in Mongolia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1981 | 94.9% | — |
| 1982 | 90.7% | -4.4% |
| 1983 | 89.0% | -1.9% |
| 1984 | 94.3% | +5.9% |
| 1985 | 94.9% | +0.7% |
| 1986 | 111.6% | +17.5% |
| 1987 | 103.1% | -7.6% |
| 1988 | 94.5% | -8.3% |
| 1989 | 76.4% | -19.2% |
| 1990 | 58.6% | -23.2% |
| 1991 | 136.6% | +133.0% |
| 1992 | 65.3% | -52.2% |
| 1993 | 129.7% | +98.7% |
| 1994 | 99.2% | -23.6% |
| 1995 | 82.1% | -17.2% |
| 1996 | 78.0% | -5.0% |
| 1997 | 100.0% | +28.2% |
| 1998 | 107.4% | +7.4% |
| 1999 | 112.2% | +4.6% |
| 2000 | 121.9% | +8.6% |
| 2001 | 115.8% | -5.0% |
| 2002 | 118.5% | +2.3% |
| 2003 | 120.3% | +1.5% |
| 2004 | 131.3% | +9.2% |
| 2005 | 122.4% | -6.8% |
| 2006 | 112.9% | -7.7% |
| 2007 | 117.9% | +4.4% |
| 2008 | 121.2% | +2.8% |
| 2009 | 107.8% | -11.0% |
| 2010 | 103.3% | -4.1% |
| 2011 | 127.0% | +22.9% |
| 2012 | 109.6% | -13.7% |
| 2013 | 100.3% | -8.5% |
| 2014 | 109.3% | +9.0% |
| 2015 | 89.7% | -18.0% |
| 2016 | 101.1% | +12.7% |
| 2017 | 115.9% | +14.7% |
| 2018 | 126.4% | +9.0% |
| 2019 | 124.4% | -1.6% |
| 2020 | 112.8% | -9.3% |
| 2021 | 119.1% | +5.5% |
| 2022 | 136.3% | +14.5% |
| 2023 | 142.9% | +4.8% |
| 2024 | 138.4% | -3.1% |
| 2025 | 130.7% | -5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 94.4% | 76.4% | 111.6% | 9 |
| 1990s | 96.9% | 58.6% | 136.6% | 10 |
| 2000s | 119.0% | 107.8% | 131.3% | 10 |
| 2010s | 110.7% | 89.7% | 127.0% | 10 |
| 2020s | 130.0% | 112.8% | 142.9% | 6 |
Countries ranked near Mongolia
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)
- Gross domestic savings (current US$), annual growth rate 2.98 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.339 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 2,409 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 7.69 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 1,202 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 8.54 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 16.74 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.8732 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in Mongolia?
- Trade in Mongolia was 130.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Mongolia?
- The highest recorded value was 142.9% in 2023.
- What is the lowest trade recorded in Mongolia?
- The lowest recorded value was 58.6% in 1990.
- How does Mongolia rank for trade?
- Mongolia ranks 37th out of 192 countries with data for 2025.
- Is trade rising or falling in Mongolia?
- Over the last ten years it is up 45.8%. The long-run trend across the full record is rising.
- Where does this Mongolia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.