Mongolia’s industrial sector output reached MNT 5.4 trillion as of preliminary results of January 2026, marking an increase of 55 percent, or MNT 1.9 trillion, compared to the same period last year.

According to the National Statistics Office of Mongolia, the growth was mainly driven by the mining and quarrying sector, which rose by 68 percent (MNT 1.8 trillion), and the electricity, gas, steam, and air conditioning supply sector, which increased by 34.3 percent (MNT 95.3 billion).

In January’s preliminary results, mining and quarrying output totaled MNT 4.4 trillion. This growth was largely due to a 2.2-fold increase (MNT 1.4 trillion) in metal ore mining and a 29.9 percent rise (MNT 396.4 billion) in hard coal and lignite mining.

In physical terms, production of iron ore and copper concentrate (in metal content), as well as hard coal and iron ore volume, increased between 3.5 percent and 2.3 times compared to the same period last year. However, output of unrefined gold, crude oil, fluorspar, lignite, silver, and zinc concentrate declined by 2.5 to 89.1 percent.

In the manufacturing sector, physical production of key products such as water, beverages and juice, metal castings, lime, cashmere knitwear, combed cashmere, and cement increased between 1.8 percent and 4.2 times year-on-year. Meanwhile, production of vodka, liquid milk, flour, pure alcohol, copper cathodes, cigarettes, and meat decreased by 1.5 to 60.4 percent.

Industrial sector sales reached MNT 8 trillion as of the preliminary result of January, up by MNT 4.6 trillion (2.4 times) from the same period last year. Mining sector sales accounted for the majority of the increase, rising by MNT 4.4 trillion (2.8 times).

In January, MNT 6.4 trillion worth of industrial products were sold to foreign markets, of which MNT 6.3 trillion came from the mining and quarrying sector.

Of total mining exports, 26.5 percent consisted of coal, 71.7 percent metal ores, 0.9 percent crude oil, and 0.9 percent other mineral products.

Published Date:2026-02-21