Mongolia: Imports, billion dollars

* indicates monthly or quarterly data series
 Mongolia

Imports of goods and services, billion USD

 Latest value 13.76
 Year 2023
 Measure billion U.S. dollars
 Data availability 1981 - 2023
 Average 3.59
 Min - Max 0.48 - 13.76
 Source The World Bank
The latest value from 2023 is 13.76 billion U.S. dollars, an increase from 12.22 billion U.S. dollars in 2022. In comparison, the world average is 168.93 billion U.S. dollars, based on data from 138 countries. Historically, the average for Mongolia from 1981 to 2023 is 3.59 billion U.S. dollars. The minimum value, 0.48 billion U.S. dollars, was reached in 1992 while the maximum of 13.76 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Mongolia - Imports, billion dollars - Recent values chart

Historical series
Mongolia - Imports, billion dollars - historical chart - 1981-2023




Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Selected articles from our guide:

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International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 147.70 2021 percent
 Trade openness 147.24 2023 percent
 Financial openness 1.610 2021 index points
 Exports, percent of GDP 78.01 2023 percent
 Exports, billion dollars 15.50 2023 billion U.S. dollars
 Growth of exports 42.93 2023 percent
 Imports, percent of GDP 69.23 2023 percent
 Imports, billion dollars 13.76 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 14.61 2022 percent
 Foreign Direct Investment, billion dollars 2.50 2022 billion U.S. dollars
 Portfolio investment inflows, equities 12.73 2023 million dollars (current)
 Current account, percent of GDP -19.50 2022 percent
 Current account, in dollars 0.12 2023 billion U.S. dollars
 Trade balance, percent of GDP -6.21 2022 percent
 Trade balance, in dollars 1.96 2023 billion U.S. dollars
 Reserves 4.78 2023 billion U.S. dollars
 Remittances, percent of GDP 2.21 2023 percent
 Remittances 440.00 2023 million U.S. dollars
 Net errors and omissions -275.73 2023 million USD
 External debt 224.08 2022 percent
 Short-term external debt 6.16 2022 percent
 Short-term debt to reserves 61.19 2022 percent
 Foreign exchange reserves 4.84 6/2024 billion
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