ProceduresGovernment

Mongolia

Country

About Mongolia

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The main sale from Mexico to Mongolia in 2023 was Chocolate and other Food Preparations Containing Cocoa (US$1.23M). The main origins of sales to Mongolia were Estado de México (US$1.31M), Querétaro (US$46.1k), and Jalisco (US$18.8k).

The main product bought by Mexico from Mongolia in 2023 was Pullovers (Sweaters), Pullovers, Cardigans, Waistcoats and Similar Articles, Knitted or Crocheted (US$80.5k). The main destinations of purchases made to Mongolia were Guanajuato (US$80.5k), Ciudad de México (US$16.3k), and Tamaulipas (US$2.93k).

Regarding remittances, in the third quarter of 2024, Mexico received US$0 in remittances from Mongolia, while Mongolia received US$13.1k in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Mongolia in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In November 2024, the international sales from Mexico to Mongolia were US$263k, while international purchases reached US$3.33k. The above results in a trade balance of US$259k.

Annual International Trade

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The main sale from Mexico to Mongolia in 2023 was Chocolate and other Food Preparations Containing Cocoa (US$1.23M). The main origins of sales to Mongolia were Estado de México (US$1.31M), Querétaro (US$46.1k), and Jalisco (US$18.8k).

The main product bought by Mexico from Mongolia in 2023 was Pullovers (Sweaters), Pullovers, Cardigans, Waistcoats and Similar Articles, Knitted or Crocheted (US$80.5k). The main destinations of purchases made to Mongolia were Guanajuato (US$80.5k), Ciudad de México (US$16.3k), and Tamaulipas (US$2.93k).

Monthly International Trade

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The main sale from Mexico to Mongolia in November 2024 was Chocolate and other Food Preparations Containing Cocoa (US$202k). The main origins of sales to Mongolia were Estado de México (US$212k) and Querétaro (US$51k).

The main product bought by Mexico from Mongolia in November 2024 was Screws, Bolts, Nuts and Similar Articles (US$68). The main destinations of purchases made to Mongolia were Ciudad de México (US$3.26k) and Jalisco (US$68).

Net Trade Balance

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In 2023, the states with the highest commercial exchange (international sales minus international purchases) with were Estado de México (US$1.3M), Querétaro (US$46.1k), and San Luis Potosí (US$38.2k).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Mongolia and the remittances that Mexico receives from Mongolia.

In the third quarter of 2024, Mexico received US$0 in remittances from Mongolia, while Mongolia received US$13.1k in remittances from Mexico.