Goods imports in Mongolia
Mongolia: Goods imports was 11.67 billion BoP, current US$ in 2024. ◆ Volatile
Goods imports in Mongolia, 1981–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Mongolia recorded 11.67 billion BoP, current US$ for goods imports in 2024. That is the highest value across all 44 years on record.
The figure is up 24.6% on the previous year and up 120.4% over ten years.
Over the whole period, goods imports in Mongolia peaked at 11.67 billion BoP, current US$ in 2024 and was at its lowest, 333.30 million BoP, current US$, in 1994.
Mongolia ranks 106th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.50 billion BoP, current US$ | 1.24 billion BoP, current US$ | 1.76 billion BoP, current US$ | 9 |
| 1990s | 486.03 million BoP, current US$ | 333.30 million BoP, current US$ | 941.70 million BoP, current US$ | 10 |
| 2000s | 1.34 billion BoP, current US$ | 608.36 million BoP, current US$ | 3.14 billion BoP, current US$ | 10 |
| 2010s | 5.19 billion BoP, current US$ | 3.08 billion BoP, current US$ | 6.83 billion BoP, current US$ | 10 |
| 2020s | 8.33 billion BoP, current US$ | 5.24 billion BoP, current US$ | 11.67 billion BoP, current US$ | 5 |
Countries ranked near Mongolia
- 103 Uganda 11.67 billion BoP, current US$ compare
- 104 North Macedonia 11.67 billion BoP, current US$ compare
- 105 Kyrgyzstan 11.67 billion BoP, current US$ compare
- 107 Armenia 11.59 billion BoP, current US$ compare
- 108 Senegal 10.84 billion BoP, current US$ compare
- 109 Iceland 10.41 billion BoP, current US$ compare
More economy & growth data for Mongolia
- Final consumption expenditure 66.1% (2025)
- Agriculture, forestry, and fishing, value added 3.68 trillion constant LCU (2025)
- Households and NPISHs final consumption expenditure 51.5% (2025)
- Final consumption expenditure 16.77 billion current US$ (2025)
- Final consumption expenditure 59.45 trillion current LCU (2025)
- Final consumption expenditure 15.92 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.7% (2025)
- Agriculture, forestry, and fishing, value added 33.2% (2025)
- Agriculture, forestry, and fishing, value added 8.04 trillion current LCU (2025)
- Gross national expenditure 23.31 billion constant 2015 US$ (2025)
Frequently asked questions
- What is goods imports in Mongolia?
- Goods imports in Mongolia was 11.67 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Mongolia?
- The highest recorded value was 11.67 billion BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Mongolia?
- The lowest recorded value was 333.30 million BoP, current US$ in 1994.
- How does Mongolia rank for goods imports?
- Mongolia ranks 106th out of 199 countries with data for 2024.
- Is goods imports rising or falling in Mongolia?
- Over the last ten years it is up 120.4%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.