Mongolia traded with 160 countries in the first nine months of 2025, and the foreign trade turnover reached USD 19.2 billion.
Exports amounted to USD 10.7 billion and imports to USD 8.5 billion, resulting in a USD 2.2 billion trade surplus, reported the National Statistics Office of Mongolia.
Total trade turnover decreased by 5.7 percent or USD 1.2 billion from the same period of last year, exports by 9.1 percent or USD 1.1 billion, imports by 0.9 percent or USD 77.1 million, and the balance by 31.5 percent or USD 1 billion.
The USD-1.1-billion YoY decrease can be attributed to the reductions in coal by USD 2.7 billion, washed cashmere by USD 252 million, crude oil by USD 48.9 million, and mutton and goat meat by USD 14.1 million. Meanwhile, exports of copper ore and concentrates increased by USD 1.7 billion, combed animal hair by USD 141.9 million, and zinc ore and concentrates by USD 45.5 million.
The USD-77.1-million decrease in imports was mainly driven by lower imports of trucks (down USD 152.1 million), public transport vehicles (down USD 48.7 million), bulldozers and excavators (down USD 32.3 million), wheat (down USD 21 million), and diesel fuel (down USD 20.8 million). In contrast, imports of passenger cars increased by USD 66.2 million and of nitrogen fertilizers by USD 19.9 million.

Published Date:2025-11-11