Mongolia\u2019s Foreign Trade in 2025 Recorded a Surplus of USD 4.4 Billion<\/p>\n
In 2025, Mongolia conducted foreign trade with 163 countries, with total trade reaching USD 27.0 billion, of which exports amounted to USD 15.7 billion and imports USD 11.3 billion, resulting in a trade surplus of USD 4.4 billion.<\/p>\n
Compared to the previous year, the total trade volume decreased by USD 325.2 million (1.2%), with exports declining by USD 22.6 million (0.1%) and imports falling by USD 302.6 million (2.6%). At the same time, the relatively larger reduction in imports contributed to an increase in the trade surplus by USD 280.0 million (6.7%).<\/p>\n
In 2025, 89.4% of total exports were destined for the People\u2019s Republic of China. By commodity structure, coal accounted for 40.9% of exports, and copper ore and concentrates made up 41.4%. Meanwhile, Switzerland accounted for 6.9% of total exports, nearly all of which (99.5%) was unprocessed or semi-processed gold.<\/p>\n
Export revenue decreased by USD 22.6 million compared to the previous year, mainly due to declines in:<\/p>\n
Coal exports by USD 2.9 billion<\/p>\n
Washed cashmere by USD 256.7 million<\/p>\n
Crude oil by USD 70.3 million<\/p>\n
Knitted underwear by USD 5.5 million<\/p>\n
Regarding imports, by country of origin in 2025:<\/strong><\/p>\n China: 40.9%<\/p>\n Russia: 24.5%<\/p>\n Japan: 9.6%<\/p>\n South Korea: 4.1%<\/p>\n United States: 3.7%<\/p>\n Germany: 2.3%<\/p>\n These six countries together accounted for 85.1% of total imports.<\/p>\n The overall import decline of USD 302.6 million was mainly driven by decreases in:<\/p>\n Freight vehicles: USD 217.1 million<\/p>\n Mining machinery such as bulldozers and excavators: USD 67.7 million<\/p>\n Public transport vehicles: USD 52.5 million<\/p>\n Spare parts and components for vehicles: USD 48.9 million<\/p>\n Passenger cars: USD 43.7 million<\/p>\n