Statizoid

Trade in Mongolia

Mongolia: Trade was 130.7% in 2025. ▲ Rising

Latest (2025)
130.7%
Change on year
down 5.6%
World rank
37th
of 192 countries
All-time high
142.9%
in 2023
All-time low
58.6%
in 1990
Years of data
45
1981–2025

Trade in Mongolia, 1981–2025

0501001501981200320251981: 94.9 % of GDP1982: 90.7 % of GDP1983: 89 % of GDP1984: 94.3 % of GDP1985: 94.9 % of GDP1986: 111.6 % of GDP1987: 103.1 % of GDP1988: 94.5 % of GDP1989: 76.4 % of GDP1990: 58.6 % of GDP1991: 136.6 % of GDP1992: 65.3 % of GDP1993: 129.7 % of GDP1994: 99.2 % of GDP1995: 82.1 % of GDP1996: 78 % of GDP1997: 100 % of GDP1998: 107.4 % of GDP1999: 112.2 % of GDP2000: 121.9 % of GDP2001: 115.8 % of GDP2002: 118.5 % of GDP2003: 120.3 % of GDP2004: 131.3 % of GDP2005: 122.4 % of GDP2006: 112.9 % of GDP2007: 117.9 % of GDP2008: 121.2 % of GDP2009: 107.8 % of GDP2010: 103.3 % of GDP2011: 127 % of GDP2012: 109.6 % of GDP2013: 100.3 % of GDP2014: 109.3 % of GDP2015: 89.7 % of GDP2016: 101.1 % of GDP2017: 115.9 % of GDP2018: 126.4 % of GDP2019: 124.4 % of GDP2020: 112.8 % of GDP2021: 119.1 % of GDP2022: 136.3 % of GDP2023: 142.9 % of GDP2024: 138.4 % of GDP2025: 130.7 % of GDP

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.

Analysis

Mongolia recorded 130.7% for trade in 2025.

Compared with earlier readings it is down 5.6% on the previous year and up 45.8% over ten years.

Over the whole period, trade in Mongolia peaked at 142.9% in 2023 and was at its lowest, 58.6%, in 1990.

That places Mongolia 37th out of 192 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 45 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 94.4% 76.4% 111.6% 9
1990s 96.9% 58.6% 136.6% 10
2000s 119.0% 107.8% 131.3% 10
2010s 110.7% 89.7% 127.0% 10
2020s 130.0% 112.8% 142.9% 6

Countries ranked near Mongolia

  1. 34 Cambodia 136.1% compare
  2. 35 North Macedonia 133.0% compare
  3. 36 Papua New Guinea 131.1% compare
  4. 38 Latvia 129.7% compare
  5. 39 Denmark 129.2% compare
  6. 40 Somalia 128.1% compare

See the full ranking of 235 places →

More economy & growth data for Mongolia

All data for Mongolia →

Frequently asked questions

What is trade in Mongolia?
Trade in Mongolia was 130.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest trade recorded in Mongolia?
The highest recorded value was 142.9% in 2023.
What is the lowest trade recorded in Mongolia?
The lowest recorded value was 58.6% in 1990.
How does Mongolia rank for trade?
Mongolia ranks 37th out of 192 countries with data for 2025.
Is trade rising or falling in Mongolia?
Over the last ten years it is up 45.8%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Trade (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
235 places, 11,211 data points, 1960–2025
Last refreshed

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.