Mongolia is witnessing a steady growth in imports during the first seven months of 2025. The country imported goods and raw materials valued at USD 6.48 billion. This represents an increase of USD 69.6 million, or 1.1 percent, compared to the same period last year. This steady growth in imports highlights Mongolia’s expanding demand for essential goods and machinery.
Several product categories contributed to this rise. Notably, petroleum products led the growth, followed by passenger cars and trucks. Machinery and mechanical equipment also saw increased imports, along with parts for these machines. Electrical appliances and vehicles used for air and water transport further added to the import totals. This variety shows Mongolia’s diverse needs in both industrial and consumer sectors.
Food imports also saw a significant increase during this period. Mongolia brought in 73.1 million eggs, which supports its domestic food supply. Rice imports totaled 31.7 thousand tons, while vegetables reached 84.2 thousand tons. These figures reflect the country’s effort to secure sufficient food resources for its population. Additionally, fuel imports remained high, with 479.6 thousand tons of gasoline and 991.4 tons of diesel fuel arriving at Mongolian ports. The import of 14,724 vehicles demonstrates ongoing investments in transportation.
Looking at trade partners, the People’s Republic of China leads as the largest supplier of imports. It accounts for 38.1 percent of Mongolia’s total imports. Following China, the Russian Federation supplied 23.6 percent, maintaining its role as a key trade partner. Japan stands third with 12.7 percent, showing strong commercial ties. The United States contributes 4.1 percent, and the Republic of Korea accounts for 4.3 percent. Germany rounds out the top six with 2.5 percent of total imports. Together, these six countries provide 85.4 percent of all goods imported into Mongolia.
This steady growth in imports plays a critical role in Mongolia’s economic development. Increased imports of machinery and transport vehicles suggest that infrastructure projects and industrial activities are gaining momentum. The rise in food product imports helps stabilize the domestic market and supports the country’s food security goals.
Moreover, these trends indicate Mongolia’s expanding trade relationships and its strategic position between major economic powers. The steady growth in imports reveals how Mongolia is balancing consumer needs and industrial growth.In summary, the first seven months of 2025 demonstrate Mongolia’s steady growth in imports, reflecting stronger economic activity and a more diversified import portfolio.