Mongolia Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Mongolia's trade openness was 152.41% in 2025, ranked 30th globally. This represents a 10.1% increase from 2024. Data from World Bank, covering 1981–2025.
Overview
Mongolia's trade openness stood at 152.41% in 2025, a rise of +13.96% from 2024. Based on recent trends, this figure is projected to reach 152.41% by 2025. Mongolia ranked 30th globally.
Mongolia’s trade openness, measured as the sum of exports and imports relative to GDP, has risen steadily over the 45‑year series, climbing from 94.90 in 1981 to an all‑time peak of 152.41 in 2025, which places the country at rank 30 globally. The indicator fell to a trough of 58.62 in 1990, reflecting the severe contraction of external trade during the post‑socialist transition, but subsequent liberalisation and the expansion of mining exports have driven a more than two‑fold increase since that low point. Mongolia’s 2025 openness level is closely comparable to that of the Kyrgyz Republic (153.44) and North Macedonia (150.22), suggesting a convergence with other emerging economies that rely on commodity exports and modest manufacturing bases. The upward trajectory is underpinned by ongoing infrastructure projects and diversification efforts, yet future movements will depend on how effectively Mongolia can broaden its export basket beyond minerals and integrate into regional value chains.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 167.41% | - | - |
| 2026* trend | 159.91% | - | - |
| 2025* trend | 152.41% | - | - |
| 2025 | 152.41% | +13.96% | #30 |
| 2024 | 138.45% | −4.42% | #135 |
| 2023 | 142.86% | +6.54% | #146 |
| 2022 | 136.33% | +17.23% | #146 |
| 2021 | 119.10% | +6.26% | #144 |
| 2020 | 112.84% | −11.56% | #147 |
| 2019 | 124.40% | −1.96% | #148 |
| 2018 | 126.36% | +10.42% | #149 |
| 2017 | 115.93% | +14.88% | #142 |
| 2016 | 101.06% | +11.40% | #128 |
| 2015 | 89.65% | −19.67% | #113 |
| 2014 | 109.32% | +9.01% | #135 |
| 2013 | 100.31% | −9.28% | #120 |
| 2012 | 109.59% | −17.41% | #128 |
| 2011 | 127.00% | +23.65% | #145 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's trade openness was 152.41% in 2025. Ranked 30th globally. This represents a 10.1% increase from the previous year.
Mongolia's trade openness peaked at 152.41% in 2025.
The lowest trade openness in Mongolia was 58.62% in 1990.
Mongolia ranks 30th globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Mongolia's trade openness is projected to reach 152.41% by 2025 based on trend extrapolation.
The trade openness of Mongolia in 2025 was 152.41%. This ranks 30th in the world.
Cite this page
@misc{historysaid_mongolia_trade-openness,
title = {Mongolia Trade Openness},
url = {https://historysaid.com/mongolia/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}