MONGOLIA’S EXPORTS REACH USD 14.4 BILLION, TRADE SURPLUS WIDENS TO USD 6 BILLION

 

According to the latest foreign trade statistics released by the National Statistics Office of Mongolia, Mongolia’s exports reached USD 14.4 billion in the first eight months of 2026, representing a 57.2% increase year on year.

As a result, the country recorded a trade surplus of USD 6.0 billion, approximately 3.6 times higher than in the same period of the previous year.

The increase in exports was primarily driven by key mining commodities. The export value of copper ores and concentrates increased by USD 2.8 billion, while coal exports rose by USD 1.9 billion.

China accounted for 92.7% of Mongolia’s total exports, while copper and coal together generated more than 80% of total export revenue.

Higher export revenues and a widening trade surplus support Mongolia’s foreign currency inflows, balance of payments, and overall macroeconomic stability. These indicators also play an important role in shaping international investors’ assessment of the Mongolian market and the broader financing environment.

UBIM is working to enhance the investment readiness of Ulaanbaatar’s projects and programs, diversify non budgetary sources of financing, and mobilize funding from domestic and international capital markets.

As part of this work, the company regularly monitors key macroeconomic indicators that influence investment decisions including foreign trade performance, foreign currency flows, and credit conditions and incorporates these developments into its investment planning and financing strategies.

Source: National Statistics Office of Mongolia