Trade partner
U.S. Exports
$14.1M
U.S. Imports
$3.8M
Surplus of $10.2M (net exporter)
The United States imported $3.8M/month and exported $14.1M/month with Mongolia as of August 2026, covering 142 product categories.
Over the twelve months to August 2026, the U.S. imported $92.4M from Mongolia. In August 2026, the U.S. ran a monthly goods trade surplus of $10.2M with Mongolia, exporting 3.7× as much as it imported. U.S. goods imports from Mongolia of $3.8M in August 2026 ran 56% below the year-to-date monthly average of $8.7M.
Mongolia is a landlocked country in East Asia bordered by Russia and China, making overland trade routes critical to its import and export activity. The economy is heavily driven by mineral exports, particularly copper, coal, and gold, with China absorbing the vast majority of its outbound trade. US trade with Mongolia is limited but includes machinery, vehicles, and consumer goods.
AI-written summary of the official U.S. Census Bureau trade figures on this page — verify before relying on it.
Mongolia's exports to the US are relatively modest and include cashmere and wool products, animal hides, and some mineral commodities. The bulk of Mongolia's mineral exports flow to China rather than the US.
The US and Mongolia have a bilateral Trade and Investment Framework Agreement (TIFA) in place. Mongolia also benefits from the Generalized System of Preferences (GSP), which allows certain Mongolian goods to enter the US duty-free.
Mongolia's lack of sea access means all goods must transit through China or Russia, adding significant freight costs and transit time. Most US-bound exports are routed through Chinese ports, primarily Tianjin.
Full import breakdown with all product categories
Full export breakdown with monthly trends
24-month import and export trend charts
EU customs territory, FTA coverage, and tariff treatment for Mongolia
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The top U.S. imports from Mongolia are Shelled Pine Nuts, Fresh or Dried, Tungsten Ores and Concentrates and Knit Cashmere Sweaters, by value in the latest month.
| Rank | Product | Import value |
|---|---|---|
| 1 | $1.5M | |
| 2 | $1.4M | |
| 3 | $460K | |
| 4 | $79K | |
| 5 | US-Origin Articles Exported & Returned Without AdvancementChapter 98 · SPECIAL CLASSIFICATION PROVISIONS, NESOI | $69K |
| 6 | $67K | |
| 7 | $53K | |
| 8 | Estimated Imports of Low-Valued TransactionsChapter 99 · SPECIAL IMPORT PROVISIONS, NESOI | $30K |
| 9 | $28K | |
| 10 | $22K |
| Rank | Product | Export value |
|---|---|---|
| 1 | $3.1M | |
| 2 | Civilian Aircraft, Engines, Equipment, and PartsChapter 88 · AIRCRAFT, SPACECRAFT, AND PARTS THEREOF | $782K |
| 3 |
| $687K |
| 4 | $647K |
| 5 | $615K |
| 6 | $406K |
| 7 | $398K |
| 8 | $367K |
| 9 | $324K |
| 10 | $301K |
Annual data from BEA | 2024
Services Exports
$272.0M
Services Imports
$48.0M