Largest market shown
Not reported
$1.5B of latest reported imports and $1.9B of calculated three-year opportunity.
Importer opportunity guide
Mongolia import opportunities
where to source next
Explore Mongolia's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$11.2B2024 reported value
Import CAGR+21.4%Three-year reported change
GDP$23.8BLatest reported value
GDP per capita$6.8KLatest reported value
Trade openness109.2%Reported share of GDP
Mongolia import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$11.2B in imports
Mongolia recorded $11.2B in imports in 2024, with a three-year change of +21.4%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Mongolia imports products from suppliers across major trade regions. The current profile reports $11.2B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 271019Product description unavailable | $1.5BLatest imports | +13.3% | 57 | 8070 | RUSAccelerating | $2.2B |
| 2 | HS 271012Product description unavailable | $649.1MLatest imports | +12.6% | 11 | 9900 | RUSDeclining | $926.1M |
| 3 | HS 870340Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $441.8MLatest imports | +33.9% | 17 | 9637 | JPNAccelerating | $862.9M |
| 4 | HS 870410Vehicles: dumpers, designed for off-highway use, for transport of goods | $339.4MLatest imports | +13.7% | 12 | 4826 | CHNDeclining | $498.5M |
| 5 | HS 871639Trailers and semi-trailers: (other than tanker type) | $133.5MLatest imports | +26.7% | 26 | 9776 | CHNStable | $260.7M |
| 6 | HS 721420Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $223.2MLatest imports | +34.8% | 6 | 5047 | CHNDeclining | $435.9M |
| 7 | HS 870423Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 | $152.3MLatest imports | +17.7% | 21 | 9203 | CHNAccelerating | $248.3M |
| 8 | HS 870324Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $197.5MLatest imports | +15.4% | 26 | 6240 | JPNGrowing | $303.6M |
| 9 | HS 880240Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg | $143.2MLatest imports | +39.1% | 6 | 6441 | CHNDeclining | $279.6M |
| 10 | HS 730890Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308 | $141.4MLatest imports | +18.3% | 38 | 8078 | CHNDeclining | $234.0M |
| 11 | HS 870323Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $183.1MLatest imports | +10.9% | 31 | 3834 | JPNSlowing | $249.5M |
| 12 | HS 842952Mechanical shovels, excavators and shovel loaders: with a 360 degree revolving super structure | $133.6MLatest imports | +20.7% | 15 | 3418 | CHNDeclining | $234.9M |
| 13 | HS 870120Tractors: road, for semi-trailers | $71.7MLatest imports | +20.5% | 20 | 8949 | CHNStable | $125.3M |
| 14 | HS 310230Fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution | $74.3MLatest imports | +13.4% | 4 | 9992 | RUSDeclining | $108.5M |
| 15 | HS 271600Electrical energy | $213.8MLatest imports | +8.9% | 3 | 5691 | CHNGrowing | $276.0M |
| 16 | HS 847490Machines, for sorting, screening, separating, washing, crushing etc mineral substances, for agglomerating, shaping or moulding solid fuels, ceramic pastes etc, for forming foundry moulds of sand: parts | $89.0MLatest imports | +13.4% | 44 | 5697 | CHNDeclining | $129.9M |
| 17 | HS 020714Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen | $57.7MLatest imports | +22.9% | 11 | 7792 | CHNDeclining | $107.1M |
| 18 | HS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square) | $50.6MLatest imports | +22.9% | 40 | 9397 | CHNSlowing | $94.1M |
| 19 | HS 870600Chassis: fitted with engines, for the motor vehicles of heading no. 8701 to 8705 | $37.6MLatest imports | +65.1% | 5 | 9723 | CHNGrowing | $73.5M |
| 20 | HS 732611Iron or steel: grinding balls and similar articles for mills, forged or stamped, but not further worked | $52.1MLatest imports | +10.7% | 4 | 9949 | CHNDeclining | $70.6M |
| 21 | HS 401180Rubber: new pneumatic tyres, of a kind used on construction, mining or industrial handling vehicles and machines | $73.1MLatest imports | +21.4% | 23 | 3446 | CHNDeclining | $130.9M |
| 22 | HS 240220Cigarettes: containing tobacco | $90.1MLatest imports | +10.3% | 28 | 3449 | KORDeclining | $120.9M |
| 23 | HS 851712Telephones for cellular networks or for other wireless networks | $102.6MLatest imports | +16.2% | 33 | 2825 | SGPDeclining | $160.9M |
| 24 | HS 730661Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), welded, of square or rectangular cross-section, n.e.c. in chapter 73 | $30.6MLatest imports | +42.7% | 11 | 9867 | CHNGrowing | $59.7M |
| 25 | HS 860699Railway or tramway goods vans and wagons: n.e.s. in heading no. 8606, not self-propelled | $41.4MLatest imports | +13.6% | 2 | 9745 | RUSStable | $60.6M |
| 26 | HS 842951Front-end shovel loaders | $47.8MLatest imports | +16.7% | 16 | 5077 | CHNDeclining | $76.0M |
| 27 | HS 854449Insulated electric conductors: for a voltage not exceeding 80 volts, not fitted with connectors | $53.9MLatest imports | +15.4% | 51 | 4731 | CHNDeclining | $83.0M |
| 28 | HS 870210Vehicles: public transport type (carries 10 or more passengers), compression-ignition internal combustion piston engine (diesel or semi-diesel) | $55.4MLatest imports | +6.1% | 11 | 5272 | CHNDeclining | $66.2M |
| 29 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $39.3MLatest imports | +16.6% | 37 | 5608 | CHNGrowing | $62.4M |
| 30 | HS 210690Food preparations: n.e.s. in item no. 2106.10 | $83.6MLatest imports | +19.7% | 60 | 1410 | CHNDeclining | $143.4M |
| 31 | HS 401120Rubber: new pneumatic tyres, of a kind used on buses or lorries | $36.8MLatest imports | +9.5% | 17 | 8669 | CHNDeclining | $48.3M |
| 32 | HS 730619Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (other than of stainless steel or seamless), n.e.c. in chapter 73 | $25.3MLatest imports | +29.9% | 4 | 7882 | CHNDeclining | $49.4M |
| 33 | HS 271320Petroleum bitumen: obtained from bituminous minerals | $28.6MLatest imports | +14.4% | 2 | 9988 | RUSAccelerating | $42.8M |
| 34 | HS 871690Trailers, semi-trailers and other vehicles not mechanically propelled: parts thereof for heading no. 8716 | $22.0MLatest imports | +37.9% | 27 | 9451 | CHNDeclining | $43.0M |
| 35 | HS 310250Fertilizers, mineral or chemical: nitrogenous, sodium nitrate | $24.0MLatest imports | +20.2% | 1 | 10000 | RUSDeclining | $41.6M |
| 36 | HS 860210Rail locomotives: diesel-electric powered | $49.4MLatest imports | +14.6% | 4 | 4486 | USAGrowing | $74.4M |
| 37 | HS 330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $43.7MLatest imports | +18.2% | 51 | 3381 | KORSlowing | $72.3M |
| 38 | HS 382499Chemical products, mixtures and preparations: n.e.c. heading 3824 | $31.3MLatest imports | +89.5% | 40 | 4547 | CHNDeclining | $61.1M |
| 39 | HS 711319Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $46.1MLatest imports | +37.0% | 29 | 3261 | TURDeclining | $90.0M |
| 40 | HS 100630Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed | $36.1MLatest imports | +10.3% | 21 | 5996 | CHNDeclining | $48.5M |
| 41 | HS 701090Glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods | $39.7MLatest imports | +21.0% | 29 | 4558 | RUSDeclining | $70.4M |
| 42 | HS 441012Oriented strand board (OSB) of wood, whether or not agglomerated with resins or other organic binding substances | $20.9MLatest imports | +24.9% | 2 | 7955 | CHNAccelerating | $40.7M |
| 43 | HS 190230Food preparations: pasta (excluding stuffed), cooked or otherwise prepared | $34.2MLatest imports | +20.0% | 21 | 4130 | CHNDeclining | $59.0M |
| 44 | HS 180690Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18 | $51.0MLatest imports | +12.6% | 61 | 2416 | RUSDeclining | $72.8M |
| 45 | HS 841810Refrigerators and freezers: combined refrigerator-freezers, fitted with separate external doors, electric or other | $25.6MLatest imports | +17.8% | 25 | 6128 | CHNDeclining | $41.9M |
| 46 | HS 870421Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | $38.5MLatest imports | +13.4% | 27 | 3865 | KORGrowing | $56.1M |
| 47 | HS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $37.0MLatest imports | +7.6% | 50 | 4859 | CHNDeclining | $46.1M |
| 48 | HS 853710Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts | $35.9MLatest imports | +9.4% | 59 | 4639 | CHNDeclining | $46.9M |
| 49 | HS 040721Birds' eggs, in shell: fresh, not for incubation, of fowls of the species Gallus domesticus (domestic hens) | $16.0MLatest imports | +40.4% | 2 | 9988 | RUSDeclining | $31.3M |
| 50 | HS 871120Motorcycles (including mopeds) and cycles: fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars: side-cars | $19.6MLatest imports | +17.0% | 24 | 9279 | CHNGrowing | $31.4M |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| HS2 sector 00HS2 00 | 2 | $2.1B | $2.9B | +12.9% |
| VehiclesHS2 87 | 12 | $1.7B | $2.4B | +23.2% |
| Articles of iron or steelHS2 73 | 4 | $249.4M | $383.2M | +25.4% |
| MachineryHS2 84 | 5 | $335.4M | $353.6M | +17.1% |
| Electrical equipmentHS2 85 | 5 | $280.0M | $264.6M | +14.3% |
| Iron and steelHS2 72 | 1 | $223.2M | $240.4M | +34.8% |
| AircraftHS2 88 | 1 | $143.2M | $220.8M | +39.1% |
| FertilizersHS2 31 | 2 | $98.3M | $150.1M | +16.8% |
| Mineral fuelsHS2 27 | 2 | $242.4M | $145.4M | +11.6% |
| RubberHS2 40 | 2 | $109.9M | $111.2M | +15.5% |
| Railway equipmentHS2 86 | 2 | $90.8M | $100.2M | +14.1% |
| Meat and edible meat offalHS2 02 | 1 | $57.7M | $93.7M | +22.9% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 310250Fertilizers, mineral or chemical: nitrogenous, sodium nitrate | $24.0M | 1 | 10000 | RUS | 100.0% |
| HS 310230Fertilizers, mineral or chemical: nitrogenous, ammonium nitrate, whether or not in aqueous solution | $74.3M | 4 | 9992 | RUS | 100.0% |
| HS 040721Birds' eggs, in shell: fresh, not for incubation, of fowls of the species Gallus domesticus (domestic hens) | $16.0M | 2 | 9988 | RUS | 99.9% |
| HS 271320Petroleum bitumen: obtained from bituminous minerals | $28.6M | 2 | 9988 | RUS | 99.9% |
| HS 732611Iron or steel: grinding balls and similar articles for mills, forged or stamped, but not further worked | $52.1M | 4 | 9949 | CHN | 99.7% |
| HS 271012Product description unavailable | $649.1M | 11 | 9900 | RUS | 99.5% |
| HS 730661Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), welded, of square or rectangular cross-section, n.e.c. in chapter 73 | $30.6M | 11 | 9867 | CHN | 99.3% |
| HS 871639Trailers and semi-trailers: (other than tanker type) | $133.5M | 26 | 9776 | CHN | 98.9% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
RUS
Russia
9 screened products
$3.2BCalculated opportunity across these rowsCHN
China
32 screened products
$3.0BCalculated opportunity across these rowsJPN
Japan
3 screened products
$1.2BCalculated opportunity across these rowsKOR
Republic of Korea
3 screened products
$135.2MCalculated opportunity across these rowsSGP
Singapore
1 screened products
$61.0MCalculated opportunity across these rowsUSA
USA, Puerto Rico and US Virgin Islands
1 screened products
$41.2MCalculated opportunity across these rowsTUR
Turkey
1 screened products
$37.9MCalculated opportunity across these rowsFrequently asked questions
Using the Mongolia import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Mongolia's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Mongolia.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.