Mongolia Trade Summary
U.S. goods and services trade with Mongolia totaled an estimated $743.2 million in 2024, up 68.5 percent ($302.2 million) from 2023.
U.S. goods trade with Mongolia totaled an estimated $277.4 million in 2025. U.S. goods exports to Mongolia in 2025 were $233.9 million, down 40.9 percent ($162.0 million) from 2024. U.S. goods imports from Mongolia totaled $43.5 million in 2025, up 59.3 percent ($16.2 million) from 2024. The U.S. goods trade surplus with Mongolia was $190.4 million in 2025, a 48.3 percent decrease ($178.2 million) over 2024.
U.S. total services trade (exports plus imports) with Mongolia totaled an estimated $320 million in 2024. U.S. services exports to Mongolia in 2024 were $272 million, up 30.1 percent ($63 million) from 2023. U.S. services imports from Mongolia in 2024 were $48 million, up 45.5 percent ($15 million) from 2023. The U.S. services trade surplus with Mongolia $224 million in 2024, a 26.6 percent increase ($47 million) over 2023.
