Mongolia Imports
Imports of goods and services BM.GSR.GNFS.CD
Mongolia's imports was $18.6B in 2025, ranked 99th globally. This represents a 12.1% increase from 2024. Data from World Bank, covering 1981–2025.
Overview
Mongolia's imports stood at $18.6B in 2025, a rise of +$2.0B from 2024. Based on recent trends, this figure is projected to reach $18.6B by 2025. Mongolia ranked 99th globally.
Mongolia’s import volume has risen dramatically from 1,271,900,000.00 in 1981 to an all‑time peak of 18,605,062,021.59 in 2025, placing the country at rank 99 globally. The lowest point occurred in 1993 when imports fell to 404,050,000.00, reflecting the severe contraction of the early post‑socialist transition. The steep upward trajectory since the mid‑1990s mirrors Mongolia’s expanding mining sector and growing demand for machinery, fuel and consumer goods, while the recent surge aligns it closely with peers such as Senegal (18,763,048,418.84) and Bosnia and Herzegovina (18,418,356,211.88). Over the 45‑year coverage, the average annual growth rate has accelerated, driven by higher export earnings and foreign investment. If commodity prices remain strong and infrastructure projects continue, Mongolia’s import bill is likely to keep expanding, though a shift toward domestic processing or diversification of trade partners could moderate the upward path.
Data & projection
| Year | Imports | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $23.2B | - | - |
| 2026* trend | $20.9B | - | - |
| 2025* trend | $18.6B | - | - |
| 2025 | $18.6B | +$2.0B | #99 |
| 2024 | $16.6B | +$3.0B | #56 |
| 2023 | $13.5B | +$1.4B | #70 |
| 2022 | $12.1B | +$2.9B | #74 |
| 2021 | $9.3B | +$1.9B | #74 |
| 2020 | $7.3B | −$1.9B | #75 |
| 2019 | $9.2B | +$771.4M | #78 |
| 2018 | $8.5B | +$2.0B | #74 |
| 2017 | $6.5B | +$917.7M | #68 |
| 2016 | $5.6B | +$317.2M | #65 |
| 2015 | $5.3B | −$1.9B | #66 |
| 2014 | $7.2B | −$1.2B | #68 |
| 2013 | $8.4B | −$511.7M | #76 |
| 2012 | $8.9B | +$813.4M | #80 |
| 2011 | $8.1B | +$4.2B | #81 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw imports improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's imports was $18.6B in 2025. Ranked 99th globally. This represents a 12.1% increase from the previous year.
Mongolia's imports peaked at $18.6B in 2025.
The lowest imports in Mongolia was $404.1M in 1993.
Mongolia ranks 99th globally in imports as of 2025.
The World Bank indicator code is BM.GSR.GNFS.CD. Data sourced from World Bank.
Mongolia's imports is projected to reach $18.6B by 2025 based on trend extrapolation.
Mongolia's imports was approximately 18.61 billion ($18.6B) in 2025.
The imports of Mongolia in 2025 was $18.6B. This ranks 99th in the world.
Cite this page
@misc{historysaid_mongolia_imports,
title = {Mongolia Imports},
url = {https://historysaid.com/mongolia/imports/},
publisher = {HistorySaid},
year = {2026}
}