Mongolia

Overview In 2023, Mongolia was the number 120 economy in the world in terms of GDP (current US$), the number 89 in total exports, the number 140 in total imports, the number 116 economy in terms of GDP per capita (current US$) and the number 123 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Mongolia are Coal Briquettes ($8.43B), Copper Ore ($2.65B), Gold ($835M), Iron Ore ($365M), and Crude Petroleum ($358M), exporting mostly to China ($13.1B), Switzerland ($842M), Italy ($87.7M), Thailand ($67.1M), and Japan ($31.4M).

In 2023, Mongolia was the world's biggest exporter of Horse Meat ($63M)

Imports The top imports of Mongolia are Cars ($691M), Trailers and semi-trailers, not mechanically propelled vehicles ($167M), Delivery Trucks ($167M), Tractors ($165M), and Iron Structures ($156M), importing mostly from China ($3.45B), Japan ($760M), Germany ($193M), Singapore ($171M), and United States ($157M).

Location Mongolia borders China and Russia by land.