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The economy of Mongolia has traditionally been based ... exports of its raw materials withered and by 2009 the stock market MSE Top-20 registered an all-time low ...
Mongolia hosts 0.2% of the world's known coal reserves at an estimated 162 billion tonnes in 2011 with 17 operating coal mines. Mongolia exported 73% of the 25 million tons of coal produced in 2010, making it the country's largest export (which had previously been copper).
Exports of goods and services (US$ million) by country [1] Country Exports Year Top goods export (2021) [2] [needs update] China: 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars United Kingdom: 1,074,781 2023 Gold France: 1,051,679 2023 Packaged medications Netherlands: 949,983 2023 ...
Mongolia is economically dependent on these countries: China is Mongolia's largest export partner at a 78% share, far above the other top countries (Switzerland at 15%; Singapore 3%). Mongolia receives 36% of imports from China and 29% from Russia. [104]
The following article lists different countries and territories by their merchandise exports according to data from the World Bank and other sources. Merchandise exports are goods that are produced in one country and sold to another country. Only physical objects are counting under this kind of exports.
For instance, Venezuela is a key export market for Cuba, while Uzbekistan, being doubly-landlocked, primarily exports to its singly-landlocked neighbours, Tajikistan and Afghanistan. The largest import and export merchandise trade partners for most countries of the world are listed below.
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The following table provides information on exports [2] and imports [3] of goods and services, based on the data published by World Bank, trade openness index, calculated as their sum, and the ratio between exports and imports. Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.