Mongolia: Manufactures imports (% of merchandise imports)

Key figures

What the numbers say

In 2023, Mongolia's manufactures imports (% of merchandise imports) rose 1.48 percentage points on 2022 (from 63.85% to 65.33%).

Across the 18 yearly changes before that (1997 to 2022), the average change was −0.63 percentage points and a typical year strayed about 3 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 4.22 percentage points in 1999 and the biggest yearly fall was 7.94 percentage points in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 22% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Mongolia had the 6th highest value of the 24 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Mongolia in the 2023 ranking

• Viet Nam — 2nd of 24: 74.69%
• Congo, Rep. — 3rd of 24: 71.35%
• Ethiopia — 4th of 24: 69.19%
• Papua New Guinea — 6th of 24: 64.75%
• Tajikistan — 7th of 24: 61.88%
• Botswana — 8th of 24: 61.75%

What this measures

Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). This indicator is expressed as a percentage of merchandise imports which is comprised of goods whose economic ownership is changed between a non-resident and a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.

Limitations: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 22 values

Manufactures imports (% of merchandise imports) in nearby economies

• Australia — 74.3% (2025)
• Brunei Darussalam — 23.75% (2025)
• Cambodia — 72.54% (2024)
• China — 50.88% (2025)
• Fiji — 57.24% (2025)
• French Polynesia — 40.39% (2025)
• Hong Kong SAR, China — 80.76% (2025)
• Indonesia — 65.42% (2025)
• Japan — 59.93% (2025)
• Kiribati

More private sector & trade data for Mongolia

• Merchandise trade (% of GDP) — 106.72% (2025)
• Merchandise imports (current US$) — US$11.31 billion (2025)
• Merchandise exports (current US$) — US$15.76 billion (2025)
• Computer, communications and other services (% of commercial service imports) — 31.61% (2025)
• Commercial service imports (current US$) — US$4.77 billion (2025)
• Transport services (% of commercial service imports) — 25.59% (2025)
• Commercial service exports (current US$) — US$1.92 billion (2025)
• Travel services (% of commercial service imports) — 36.25% (2025)
• Computer, communications and other services (% of commercial service exports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Mongolia's manufactures imports (% of merchandise imports)?

65.33% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1996?

It is up 0.24 percentage points from 65.08% in 1996. The highest value was 71.3% in 1999 and the lowest 57.91% in 2006.

How does Mongolia rank?

6th highest of 24 economies with data for 2023.

Is the latest change in manufactures imports (% of merchandise imports) unusual for Mongolia?

In 2023, Mongolia's manufactures imports (% of merchandise imports) rose 1.48 percentage points on 2022 (from 63.85% to 65.33%). Across the 18 yearly changes before that (1997 to 2022), the average change was −0.63 percentage points and a typical year strayed about 3 percentage points from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TM.VAL.MANF.ZS.UN, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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