Economic Policy & Debt · Mongolia
Yearly data from 1981 to 2025, from the World Bank.
Mongolia's net trade in goods (current US$, BoP) was US$4.01 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 613.19% from US$562.6 million in 2015 (21.71% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$4.01 billion | 2025 |
| Five years earlier | US$1.76 billion | 2020 |
| Ten years earlier | US$562.6 million | 2015 |
| Highest | US$4.55 billion | 2023 |
| Lowest | −US$3.03 billion | 2012 |
| Average since 2016 | US$2.07 billion | 2016–2025 |
| First recorded | −US$802.6 million | 1981 |
Over five years it is up 128.55% from US$1.76 billion in 2020 (17.98% a year on average, compounded). Since 1981 it is up 599.93% from −US$802.6 million in 1981.
In 2025, Mongolia's net trade in goods (current US$, BoP) rose US$930.96 million on 2024 (from US$3.08 billion to US$4.01 billion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +US$101.59 million and a typical year strayed about US$1.02 billion from that (the standard deviation). This year's change was 0.8 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 US$3.32 billion in 2023 and the biggest yearly fall was US$2.5 billion in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$329.5 million a year. A straight line explains 57% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2025, Mongolia had the 41st highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
| Year | Net trade in goods (current US$, BoP) |
|---|---|
| 2025 | 4,012,416,529 |
| 2024 | 3,081,455,325 |
| 2023 | 4,548,653,045 |
| 2022 | 1,232,518,013 |
| 2021 | 1,369,626,035 |
| 2020 | 1,755,558,634 |
| 2019 | 1,158,112,302 |
| 2018 | 685,254,141 |
| 2017 | 1,489,732,364 |
| 2016 | 1,337,783,551 |
| 2015 | 562,603,646 |
| 2014 | 177,711,245 |
| 2013 | -2,608,102,226 |
| 2012 | -3,029,807,634 |
| 2011 | -2,669,155,303 |
| 2010 | -172,012,526 |
| 2009 | -178,195,670 |
| 2008 | -629,466,791 |
| 2007 | -52,420,072 |
| 2006 | 136,185,549 |
| 2005 | -99,501,099 |
| 2004 | -99,224,240 |
| 2003 | -119,500,000 |
| 2002 | -156,331,779 |
| 2001 | -100,628,388 |
| 2000 | -72,526,865 |
| 1999 | -56,473,387 |
| 1998 | -61,900,000 |
| 1997 | 80,480,000 |
| 1996 | -36,300,000 |
| 1995 | 25,300,000 |
| 1994 | 33,700,000 |
| 1993 | 21,300,000 |
| 1992 | -29,100,000 |
| 1991 | -101,100,000 |
| 1990 | -496,900,000 |
| 1989 | -963,100,000 |
| 1988 | -872,800,000 |
| 1987 | -864,300,000 |
| 1986 | -951,100,000 |
| 1985 | -798,800,000 |
| 1984 | -712,600,000 |
| 1983 | -805,500,000 |
| 1982 | -833,900,000 |
| 1981 | -802,600,000 |
Every indicator for Mongolia is on the Mongolia data page.
World Bank, World Development Indicators, indicator BN.GSR.MRCH.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in