Trade lanes

What Mongolia buys, and from whom.

Mongolia imported USD 7.5bn of manufactured and processed goods in 2024, up 16 per cent on 2022. These are its twenty largest source countries. 1 of them ship enough, across enough product lines, to have a lane page of their own.

Trade year 2024, compared with 2022.

By source

The twenty countries Mongolia imports most from.

A lane page is written where the source ships USD 1bn or more a year across at least 50 product lines worth USD 1m each. For what Mongolia is best placed to make itself, see Made here: Mongolia.

  1. 1

    China

    Share of Mongolia's imports53 per cent
    Changeup 42 per cent on 2022
    USD 4.0bnin 2024
  2. 2

    Japan

    Share of Mongolia's imports14 per cent
    Changeup 67 per cent on 2022
    Lane pageunder the lane threshold
    USD 1.1bnin 2024
  3. 3

    South Korea

    Share of Mongolia's imports7 per cent
    Changeup 30 per cent on 2022
    Lane pageunder the lane threshold
    USD 528min 2024
  4. 4

    United States

    Share of Mongolia's imports5 per cent
    Changeup 72 per cent on 2022
    Lane pageunder the lane threshold
    USD 377min 2024
  5. 5

    Germany

    Share of Mongolia's imports3 per cent
    Changeup 19 per cent on 2022
    Lane pageunder the lane threshold
    USD 205min 2024
  6. 6

    Kazakhstan

    Share of Mongolia's imports2 per cent
    Changeup 294 per cent on 2022
    Lane pageunder the lane threshold
    USD 114min 2024
  7. 7

    Turkey

    Share of Mongolia's imports2 per cent
    Changeup 17 per cent on 2022
    Lane pageunder the lane threshold
    USD 112min 2024
  8. 8

    Italy

    Share of Mongolia's imports1 per cent
    Changeup 14 per cent on 2022
    Lane pageunder the lane threshold
    USD 76min 2024
  9. 9

    Poland

    Share of Mongolia's imports1 per cent
    Changedown 14 per cent on 2022
    Lane pageunder the lane threshold
    USD 70min 2024
  10. 10

    France

    Share of Mongolia's imports1 per cent
    Changeup 14 per cent on 2022
    Lane pageunder the lane threshold
    USD 68min 2024
  11. 11

    Netherlands

    Share of Mongolia's imports1 per cent
    Changeup 133 per cent on 2022
    Lane pageunder the lane threshold
    USD 66min 2024
  12. 12

    Finland

    Share of Mongolia's imports1 per cent
    Changeup 18 per cent on 2022
    Lane pageunder the lane threshold
    USD 39min 2024
  13. 13

    Australia

    Share of Mongolia's imports1 per cent
    Changedown 27 per cent on 2022
    Lane pageunder the lane threshold
    USD 38min 2024
  14. 14

    Hungary

    Share of Mongolia's imports1 per cent
    Changeup 58 per cent on 2022
    Lane pageunder the lane threshold
    USD 35min 2024
  15. 15

    Sweden

    Share of Mongolia's importsunder 1 per cent
    Changedown 12 per cent on 2022
    Lane pageunder the lane threshold
    USD 32min 2024
  16. 16

    Switzerland

    Share of Mongolia's importsunder 1 per cent
    Changedown 3 per cent on 2022
    Lane pageunder the lane threshold
    USD 30min 2024
  17. 17

    Austria

    Share of Mongolia's importsunder 1 per cent
    Changedown 25 per cent on 2022
    Lane pageunder the lane threshold
    USD 30min 2024
  18. 18

    India

    Share of Mongolia's importsunder 1 per cent
    Changedown 68 per cent on 2022
    Lane pageunder the lane threshold
    USD 28min 2024
  19. 19

    Slovenia

    Share of Mongolia's importsunder 1 per cent
    Changeup 17 per cent on 2022
    Lane pageunder the lane threshold
    USD 28min 2024
  20. 20

    Thailand

    Share of Mongolia's importsunder 1 per cent
    Changedown 44 per cent on 2022
    Lane pageunder the lane threshold
    USD 27min 2024
What this record says

What crossed the border, what it was worth, and what it weighed.

Every figure on this page is from CEPII's BACI file, which reconciles what each pair of countries reports to the UN about the same shipment. Trade year 2024, compared with 2022. A line is one six-digit customs heading (HS 2022). Values are in US dollars at the border; growth is in current dollars, so part of any change is price, not volume.

Unit value. Unit values are customs values per tonne, declared at the border, not product prices. It is the value of a line divided by its declared weight, so it mixes grades, models and qualities under one heading. It is shown only where the weight is recorded, at least three source countries of USD 100k or more ship the line to Mongolia with a weight, and the figure sits within a factor of five of the middle of those sources. Outside that band it is treated as a recording problem and left out.

Share is China's part of everything Mongolia imported in that line, from every source. Sources counts the countries that shipped any of it.

Scope. Manufactured and processed goods, customs chapters 16 to 96, without ores, fuels, precious metals, scrap, raw farm output and one-off capital and defence purchases: the same rule as the Made here pages.

What it does not say

A record of trade, not a shopping list.

What this record does not say: what sells at retail, what margin a trade leaves, how crowded the marketplaces are, or how much of a flow is re-exported through entrepots such as Hong Kong and Singapore.

A large line is not proof of an opening, and a lower unit value from another country is not proof the goods are the same. Tariffs, standards, freight, payment terms, lead times and the plain fact that a supplier is good at it are all invisible here. Nothing on this page is a forecast, a recommendation or a promise. No supplier company is named, because the record holds none.

Source: CEPII BACI, HS22, version 202601. Edition of 2026-11-03.