Mongolie Balance Commerciale

Mongolia’s trade surplus widened sharply to USD 656.7 million in November 2025, up from USD 405.9 million a year earlier. Exports rose 7.9% year-on-year to USD 1,513.0 million, while imports declined 14% to USD 856.3 million. For the January–November period, the trade surplus narrowed to USD 3,531.9 million from USD 4,009.4 million a year earlier. Exports fell 5.9% year-on-year to USD 13,742.5 million, mainly driven by declines in textiles and textile articles (-10.9%) and mineral products (-7.9%). China remained the dominant export destination, accounting for 90.2% of total exports, followed by Switzerland (6.1%) and the US (0.9%). Imports decreased 3.6% to USD 10,210.6 million, weighed down by lower purchases of transport vehicles and spare parts (-16.7%), mineral products (-2.4%), and machinery, equipment, and electrical appliances (-1.3%). China remained the largest share of total imports (24%), followed by Germany (14.4%) and Russia (10.1%).