Mongolia vs USA: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

MongoliaMetricUSA
$14.29BTotal exports$1.90T
$6.02BTotal imports$2.98T
$8.27BTrade balance$-1.08T
$20.30BTotal trade volume$4.87T
#89Global export rank#2
#139Global import rank#1

Direct trade between Mongolia and USA

MongoliaUSA
$29.94M
USAMongolia
$156.56M

Mongolia top exports

  • bituminous, whether or not pulverised, but not agglomerated$8.30B
  • Copper ores and concentrates$2.65B
  • gold, non-monetary, unwrought (but not powder)$834.91M
  • non-agglomerated$364.03M
  • petroleum oils and oils obtained from bituminous minerals, crude$357.82M

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

Shared top trade partners

Both countries appear as major export destinations for 4 of the same partners:

ChinaGermanyJapanUnited Kingdom