Mongolia Trade Surplus Largest In 10 Months

Mongolia's trade surplus widened to USD 410.7 million in August 2025 from USD 267.4 million in the same month last year. It was the largest trade surplus since October 2024, as exports rose by 3.8%, while imports fell by 8.2%. For the January-August period, however, the trade surplus narrowed to USD 1,681.5 million from USD 3,124.1 million a year earlier. Exports declined 13.8% year-on-year to USD 9,158.1 million, mainly due to lower sales of textiles and textile articles (-49.9%) and mineral products (-13.6%), with China representing 91.9% of total exports, followed by Switzerland (5.1%) and the US (1%). Meanwhile, imports slipped 0.3% to USD 7,476.7 million, dragged down by reduced purchases of mineral products (-4.3%) and transport vehicles and their spare parts (-5.1%). China accounted for the largest share of total imports (39.5%), followed by Russia (24%) and Japan (11.4%).