Applied tariffs
Simple average MFN applied
2024
5.2 %
Trade-weighted MFN average
2024
5.2 %
Share of MFN duty-free
2024
1.3 %
Bound tariffs
Simple average bound
17.4 %
Binding coverage
100.0 %
Share of bound duty-free
1.7 %
Imports
Total imports: 11,608.4 million USD in 2024
Imports by partner
China
40.0 %
4,640.6
million USD
Russian Federation
24.3 %
2,824.2
million USD
Japan
10.1 %
1,175.0
million USD
European Union
8.1 %
941.6
million USD
United States of America
4.6 %
534.3
million USD
Korea, Republic of
4.2 %
481.8
million USD
Viet Nam
1.0 %
114.9
million USD
Türkiye
1.0 %
112.0
million USD
India
1.0 %
110.4
million USD
Malaysia
0.7 %
77.2
million USD
Rest of the World
5.1 %
596.3
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
13.1 %
1,517.1
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
5.5 %
643.9
million USD
870340
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion reciprocating piston engine and electric motor as motors for propulsion (excl. vehicles for travelling on snow, other specially designed vehicles of subheading 8703.10 and plug-in hybrids)
5.0 %
581.8
million USD
870410
Dumpers for off-highway use
4.0 %
461.7
million USD
870324
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.8 %
207.0
million USD
842952
Self-propelled mechanical shovels, excavators and shovel loaders, with a 360° revolving superstructure
1.7 %
202.7
million USD
271600
Electrical energy
1.7 %
197.8
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.6 %
190.8
million USD
721420
Bars and rods, of iron or non-alloy steel, with indentations, ribs, groves or other deformations produced during the rolling process
1.6 %
181.9
million USD
730890
Structures and parts of structures, of iron or steel, n.e.s. (excl. bridges and bridge-sections, towers and lattice masts, doors and windows and their frames, thresholds for doors, props and similar equipment for scaffolding, shuttering, propping or pit-propping)
1.5 %
168.5
million USD
Rest of the products
62.5 %
7,255.1
million USD
Exports
Total exports: 15,765.1 million USD in 2024
Exports by destination
China
91.4 %
14,406.0
million USD
Switzerland
4.7 %
745.0
million USD
United States of America
1.1 %
166.4
million USD
European Union
0.6 %
101.5
million USD
Russian Federation
0.5 %
82.3
million USD
Iran
0.4 %
66.3
million USD
Korea, Republic of
0.3 %
52.6
million USD
Niger
0.2 %
34.0
million USD
Hong Kong, China
0.1 %
14.3
million USD
Iraq
0.1 %
13.8
million USD
Rest of the World
0.5 %
83.0
million USD
Exports by products HS 2022
270112
Bituminous coal, whether or not pulverised, non-agglomerated
52.8 %
8,324.5
million USD
260300
Copper ores and concentrates
21.1 %
3,319.1
million USD
710813
Gold, incl. gold plated with platinum, in semi-manufactured forms, for non-monetary purposes
5.7 %
899.4
million USD
260111
Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites)
3.8 %
597.1
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
2.0 %
322.1
million USD
252921
Fluorspar containing by weight <= 97% calcium fluoride
1.8 %
287.1
million USD
510211
Hair of Kashmir "cashmere" goats, neither carded nor combed
1.8 %
276.1
million USD
270119
Coal, whether or not pulverised, non-agglomerated (excl. anthracite and bituminous coal)
1.3 %
198.2
million USD
260800
Zinc ores and concentrates
1.2 %
183.3
million USD
270210
Lignite, whether or not pulverised, non-agglomerated (excl. jet)
1.0 %
163.0
million USD
Rest of the products
7.6 %
1,195.1
million USD
Preferential regimes provided by Mongolia
Loading...
Mongolia as a beneficiary based on other economies reported preferential regimes
Loading...