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China–Mongolia Bilateral Trade 2026

China–Mongolia trade reached $18.5B in January–September 2026, +48.3% year on year. China exported $3.4B and imported $15.0B.

Source: GACC Monthly · USD Data as of: September 2026 Coverage 2018-01–2026-09

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Exports (2026-09) $526M
Imports (2026-09) $1.8B
Trade balance (2026-09) -$1.3B
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Top China Exports to Mongolia

HS chapterJan–Sep 2026ShareYoY2025
HS 84Machinery and mechanical appliances$715M20.8%+4.8%$875M
HS 87Vehicles and parts$400M11.6%+5.4%$511M
HS 73Articles of iron or steel$353M10.3%+24.0%$391M
HS 85Electrical machinery and electronics$347M10.1%+49.4%$344M
HS 27Mineral fuels and oils$264M7.7%+85.8%$246M
HS 72Iron and steel$162M4.7%-17.5%$223M
HS 39Plastics and articles thereof$158M4.6%+11.5%$185M
HS 40Rubber and articles thereof$108M3.1%+23.1%$120M
HS 94Furniture, bedding and lighting$74.1M2.2%+16.9%$84.8M
HS 02Meat and offal$60.9M1.8%+45.2%$57.7M
Top HS4 products, Jan–Sep 2026
HS4 productJan–Sep 2026ShareYoY2025
HS 8704Motor vehicles for transport of goods$157M4.6%-5.4%$250M
HS 8429Self-propelled bulldozers, excavators$154M4.5%+39.1%$131M
HS 7308Steel structures and structural parts$148M4.3%+14.7%$173M
HS 2716Electrical energy$128M3.7%+17.0%$148M
HS 8474Mineral crushing, mixing and moulding machinery$104M3.0%+25.5%$104M
HS 4011New pneumatic rubber tyres$88.1M2.6%+24.3%$99.0M
HS 2710Petroleum oils, refined$87.2M2.5%+200.2%$56.3M
HS 7214Steel bars, forged or hot-worked$76.3M2.2%-37.1%$129M
HS 8703Motor cars for transport of persons$73.9M2.1%+32.3%$75.7M
HS 8544Insulated electric conductors$67.1M1.9%+94.2%$48.9M

Top China Imports from Mongolia

HS chapterJan–Sep 2026ShareYoY2025
HS 26Ores, slag and ash$8.0B53.1%+66.2%$7.0B
HS 27Mineral fuels and oils$6.3B41.8%+55.6%$5.7B
HS 25Salt, sulphur, stone and cement$234M1.6%+53.9%$246M
HS 51Wool and animal hair$170M1.1%+68.8%$198M
HS 98Commodities not classified by kind$128M0.8%+97.4%$121M
HS 74Copper$110M0.7%-14.1%$176M
HS 16Meat and fish preparations$40.1M0.3%+5.9%$78.3M
HS 76Aluminium$24.7M0.2%+40.9%$23.4M
HS 08Fruit and nuts$13.4M0.1%-67.9%$41.9M
HS 78Lead$9.4M0.1%+92.6%$8.4M
Top HS4 products, Jan–Sep 2026
HS4 productJan–Sep 2026ShareYoY2025
HS 2603Copper ores and concentrates$7.2B48.2%+77.3%$6.0B
HS 2701Coal$6.0B39.8%+59.1%$5.4B
HS 2601Iron ores and concentrates$441M2.9%+4.1%$571M
HS 2529Feldspar, leucite, nepheline and fluorspar$210M1.4%+39.0%$241M
HS 2709Crude petroleum oils$193M1.3%+9.3%$228M
HS 5105Carded or combed wool and animal hair$157M1.0%+76.3%$182M
HS 9804Low-value goods in simplified customs procedures$128M0.8%+97.4%$121M
HS 2608Zinc ores and concentrates$113M0.8%+6.6%$141M
HS 7403Unwrought refined copper and copper alloys$103M0.7%-16.4%$171M
HS 2702Lignite$103M0.7%+1.5%$135M

Fast-Growing China Export Products to Mongolia

Jan–Sep 2026 vs Jan–Sep 2025 · USD · ranked by USD increase

151 products qualify

  1. 1 Other petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations thereof, not elsewhere specified or includedHS 271019 Exports$60.9M Increase+$37.7M YoY+162%
  2. 2 Coke and semicoke of coal, of lignite or of peat, whether or not agglomerated; retort carbon.HS 270400 Exports$38.4M Increase+$36.1M YoY+1,574%
  3. 3 Frontend shovel loadersHS 842951 Exports$56.5M Increase+$29.0M YoY+106%
  4. 4 Lithium-ion electric accumulatorsHS 850760 Exports$35.0M Increase+$27.7M YoY+379%
  5. 5 With only electric motor for propulsionHS 870124 Exports$31.9M Increase+$26.9M YoY+539%
  6. 6 Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with both spark-ignition internal combustion piston engine and electric motor as motors for propulsion, capable of being charged by plugging to external source of electric power (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)HS 870360 Exports$45.5M Increase+$24.6M YoY+118%

China–Mongolia Annual Trade and Year-to-Date Totals

USD
Annual and year-to-date totals; the change compares the same months of the previous year
PeriodChina exportsChina importsTotal tradeChina balanceTotal vs prior periodPartner rank
2026 YTD (Jan–Sep)$3.4B$15.0B$18.5B-$11.6B+48.3%No. 46
2025 (full year)$4.0B$13.7B$17.7B-$9.6B-3.0%No. 58
2024 (full year)$4.5B$13.7B$18.3B-$9.2B+10.0%No. 49
2023 (full year)$3.5B$13.1B$16.6B-$9.7B+36.1%No. 52
2022 (full year)$2.9B$9.3B$12.2B-$6.5B+34.0%No. 62
2021 (full year)$2.2B$6.9B$9.1B-$4.7B+34.9%No. 66
2020 (full year)$1.6B$5.1B$6.7B-$3.5B-17.4%No. 67
2019 (full year)$1.8B$6.3B$8.2B-$4.5B+2.1%No. 61
2018 (full year)$1.6B$6.3B$8.0B-$4.7B—No. 59

About China–Mongolia trade and frequently asked questions

What was China's trade with Mongolia in Jan–Sep 2026?

In January–September 2026, China–Mongolia goods trade totaled $18.5B: China exported $3.4B and imported $15.0B, a China trade deficit of $11.6B (+48.3% vs the same months of 2025). Mongolia ranked No. 46 among China's trading partners.

What was China's trade with Mongolia in 2025?

In 2025, China–Mongolia goods trade totaled $17.7B: China exported $4.0B and imported $13.7B, a China trade deficit of $9.6B (-3.0% vs 2024). Mongolia ranked No. 58 among China's trading partners.

What was China's trade with Mongolia in 2024?

In 2024, China–Mongolia goods trade totaled $18.3B: China exported $4.5B and imported $13.7B, a China trade deficit of $9.2B (+10.0% vs 2023). Mongolia ranked No. 49 among China's trading partners.

What does China export to Mongolia?

In January–September 2026, China's leading exports to Mongolia by HS chapter were Machinery and mechanical appliances (HS 84, $715M, 20.8% of the total); Vehicles and parts (HS 87, $400M, 11.6% of the total); Articles of iron or steel (HS 73, $353M, 10.3% of the total). The largest HS4 products were Motor vehicles for transport of goods (HS 8704, $157M); Self-propelled bulldozers, excavators (HS 8429, $154M); Steel structures and structural parts (HS 7308, $148M).

What does China export to Mongolia in 2025?

In 2025, China's leading exports to Mongolia by HS chapter were Machinery and mechanical appliances (HS 84, $875M, 21.7% of the total); Vehicles and parts (HS 87, $511M, 12.7% of the total); Articles of iron or steel (HS 73, $391M, 9.7% of the total). The largest HS4 products were Motor vehicles for transport of goods (HS 8704, $250M); Steel structures and structural parts (HS 7308, $173M); Electrical energy (HS 2716, $148M).

What does China import from Mongolia?

In January–September 2026, China's leading imports from Mongolia by HS chapter were Ores, slag and ash (HS 26, $8.0B, 53.1% of the total); Mineral fuels and oils (HS 27, $6.3B, 41.8% of the total); Salt, sulphur, stone and cement (HS 25, $234M, 1.6% of the total). The largest HS4 products were Copper ores and concentrates (HS 2603, $7.2B); Coal (HS 2701, $6.0B); Iron ores and concentrates (HS 2601, $441M).

What is China’s trade balance with Mongolia?

China's goods trade balance with Mongolia was -$11.6B in January–September 2026, compared with -$6.5B in the same months of 2025. 2025: -$9.6B. A negative balance is a China trade deficit.

Where can I download China–Mongolia trade data?

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Source

Source

Source: China General Administration of Customs (GACC)

Citation

Citation

China Mongolia bilateral trade data, monthly. General Administration of Customs of the People's Republic of China (GACC). https://chinadata.live/china-trade/mongolia/, accessed 2026-11-10.

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