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Mongolia Exports

Exports of goods and services  BX.GSR.GNFS.CD

Mongolia's exports was $19.1B in 2025, ranked 95th globally. This represents a 16.7% increase from 2024. Data from World Bank, covering 1981–2025.

$19.1B +$2.7B (+16.7%)
Year 2025 Rank #95 Global Peak $19.1B (2025) Source World Bank

Mongolia Exports (1981–2025)

Overview

Mongolia's exports stood at $19.1B in 2025, a rise of +$2.7B from 2024. Based on recent trends, this figure is projected to reach $19.1B by 2025. Mongolia ranked 95th globally.

Mongolia’s export performance has risen dramatically since the early 1990s, expanding from a low of 373,000,000.00 in 1991 to an all‑time peak of 19,078,598,581.90 in 2025, which places the country at rank 95 globally. The long‑term upward trajectory reflects the rapid development of the mining sector, particularly copper and gold, and increased trade links with China and the broader Asian market. Over the 45‑year coverage period, exports grew by more than 5,000 % and now exceed the 2025 export values of peers such as Tanzania (17,726,441,880.35) and Paraguay (19,875,625,518.31). The early 1990s trough coincided with the transition from a centrally planned to a market economy, after which liberalisation and foreign investment spurred growth. Continued expansion will depend on maintaining commodity prices, diversifying the export basket, and improving logistics; any sustained shift in these factors could alter the current upward trend.

Data & projection

Year Exports YoY change Rank
2027* trend $23.9B - -
2026* trend $21.5B - -
2025* trend $19.1B - -
2025 $19.1B +$2.7B #95
2024 $16.4B +$852.9M #92
2023 $15.5B +$4.5B #93
2022 $11.0B +$2.0B #103
2021 $9.0B +$1.3B #103
2020 $7.6B −$770.0M #97
2019 $8.4B +$701.6M #100
2018 $7.7B +$913.3M #102
2017 $6.8B +$1.2B #105
2016 $5.6B +$469.6M #106
2015 $5.1B −$942.6M #109
2014 $6.1B +$1.6B #110
2013 $4.5B +$26.1M #116
2012 $4.5B −$125.0M #117
2011 $4.6B +$1.2B #116
Show all years (1981-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +44.6% GDP growth 7.4% C/A balance 0.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw exports improve within 24 months. View full analysis →

Frequently Asked Questions

What is Mongolia's exports?▾

Mongolia's exports was $19.1B in 2025. Ranked 95th globally. This represents a 16.7% increase from the previous year.

What was the highest exports in Mongolia?▾

Mongolia's exports peaked at $19.1B in 2025.

What was the lowest exports in Mongolia?▾

The lowest exports in Mongolia was $373.0M in 1991.

How does Mongolia rank in exports?▾

Mongolia ranks 95th globally in exports as of 2025.

What is the World Bank indicator code for exports?▾

The World Bank indicator code is BX.GSR.GNFS.CD. Data sourced from World Bank.

What is the projected exports of Mongolia in 2025?▾

Mongolia's exports is projected to reach $19.1B by 2025 based on trend extrapolation.

What is Mongolia's exports in billion?▾

Mongolia's exports was approximately 19.08 billion ($19.1B) in 2025.

What is the exports of Mongolia in 2025?▾

The exports of Mongolia in 2025 was $19.1B. This ranks 95th in the world.

Cite this page

APA
Mongolia Exports. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/mongolia/exports/
BibTeX
@misc{historysaid_mongolia_exports, title = {Mongolia Exports}, url = {https://historysaid.com/mongolia/exports/}, publisher = {HistorySaid}, year = {2026} }
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