Mongolia Trade Profile '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) 15 098 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 4 231 Merchandise 98 120 Current account balance (% GDP, 2021) -13.0 excluding intra-EU trade 74 95 Trade per capita (US$, 2019-2021) 2 499 Commercial services 124 110 Trade (% GDP, 2019-2021) 59.1 excluding intra-EU trade 98 84 Value Million US$ 2021 9 247 6 849 2021 2021 0.04 0.03 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS5102 Fine or coarse animal hair 276 HS2106 Other food preparations 96 HS0802 Other nuts, fresh or dried 85 HS1806 Chocolate and other cocoa food 67 HS1602 Other prepared or preserved meat 38 HS1001 Wheat and meslin 61 HS0504 Animals' guts, bladders, stomachs 15 HS2402 Cigars, cheroots, cigarillos 61 HS0205 Meat of horses, asses, mules 14 HS1905 Bread, pastry, other bakers' wares 52 Share in economy's trade in agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 462 na -30 32 Imports 964 na 4 45 Value Value Top exported products (Million US$) 2021 Top imported products (Million US$) 2021 HS2603 Copper ores and concentrates 2 900 HS2710 Petroleum oils, other than crude 1 132 HS2701 Coal; briquettes, ovoids 2 759 HS8704 Motor vehicles for goods transport 385 HS7108 Gold 1 005 HS8703 Motor cars for transport of persons 385 HS2601 Iron ores and concentrates 952 HS8716 Trailers and semi-trailers 200 HS2709 Petroleum oils, crude 273 HS7214 Other iron bar not further worked 164 Share in economy's trade in non-agricultural products Value Million US$ 2021 2010-2021 2020 2021 Exports 8 779 na 1 21 Imports 5 881 na -16 27 By main commodity group, % (2020) By main destination, % (2021) By main origin, % (2021) Annual percentage change Annual percentage change

Merchandise exports, f.o.b. 11 -1 22 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 7 -14 29 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) 0% 20% 40% HS2603 HS2701 HS7108 HS2601 HS2709 Exports 0% 10% 20% 30% HS2710 HS8704 HS8703 HS8716 HS7214 Imports 0% 5% 10% 15% HS2106 HS1806 HS1001 HS2402 HS1905 Imports 0% 20% 40% 60% 80% HS5102 HS0802 HS1602 HS0504 HS0205 Exports Agricultural products: 7.8 Fuels and mining products: 67.3 Manufactures: 2.4 Other: 22.5 Agricultural products: 12.8 Fuels and mining products: 18.3 Manufactures: 64.8 Other: 4.1 China: 82.6 Switzerland: 9.4 Singapore: 2.7 Korea, Republic of: 2.4 Russian Federation: 1.2 Other: 1.6 China: 36.4 Russian Federation: 28.6 European Union: 10.3 Japan: 6.6 Korea, Republic of: 4.5 Other: 13.7

244 World Trade Organization – Trade Profiles 2022

Value Million US$ 2021 715 2 027 2021 2021 0.01 0.04 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 483 Imports 479 Exports Value Imports Value Share (%) By sea na By sea na na By air (2021) 108 By air (2021) 62 12.9 By other (2021) 374 By other (2021) 416 86.9 Value Million US$ 2021 Exports 16 Imports 551 Million US$ Value 2021 Other commercial services Exports 212 Imports 994 2021 Goods-related services Exports 4 Imports 3 Residents Total Residents Total Residents Total 66 82 148 1 670 2 270 3 940 166 126 292 Travel exports (Index 2010=100) na 11 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) 26 5 -39 -20 Annual percentage change Share (%) na 22.5 77.6 na na -35 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin -47 10 9 2010-2021 2020 -3 Commercial services exports Commercial services imports 4 2021

By main services item, % (2021) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change Transport Annual percentage change 2010-2021 2020 2021 10 -1 -22 7 -94 -44 -41 0 INDUSTRIAL PROPERTY -10 -62 -6 6 -27 15 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 -27 -9 Annual percentage change 2010-2021 2021 2010-2021 2020 2021 15 na 11 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 0 100 200 300 2010 2014 2018 2021 Mongolia World 0 100 200 300 2010 2014 2018 2021 Mongolia World Transport: 67.5 Travel: 2.3 Other commercial services: 29.6 Goods-related services: 0.6 Transport: 23.6 Travel: 27.2 Other commercial services: 49 Goods-related services: 0.1 72.0 13.3 11.7 3.0 Other business services ICTs Construction Other Mongolia 245 World Trade Organization – Trade Profiles 2022