Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Mongolia

Ores and metals exports (% of merchandise exports) in Mongolia in 2023 — 26.27%. Ranked 20 in the world out of 160. Since 1996, the indicator has fallen by 33.62 pp.

2023 26.27% −4.64 pp vs 2022
World rank 20of 160
Period maximum 61.2%2007
Period minimum 26.27%2023

Trend over time

1996–2023 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Mongolia, 1996–202320304050607019961999200220052008201120142017202020231996: 59.89%1997: 59.67%1998: 47.56%1999: 42.22%2000: 35.55%2001: 33.96%2002: 35.97%2003: 33.28%2004: 39.87%2005: 39.85%2006: 54.71%2007: 61.2%2013: 43.63%2014: 57.81%2015: 61.07%2016: 45.82%2017: 38.57%2018: 42.02%2019: 38.88%2020: 40.09%2021: 49.36%2022: 30.9%2023: 26.27%
Change over the period: −33.62 pp Annual average: -1.25 pp

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia 26.27%
World 4.02%
Eastern Asia computed 1.93%
Ores and metals exports (% of merchandise exports) — Mongolia, by year Mongolia All countries CSV XLSX
Year % Change, pp
2023 26.27 −4.64 pp
2022 30.9 −18.46 pp
2021 49.36 +9.27 pp
2020 40.09 +1.2 pp
2019 38.88 −3.13 pp
2018 42.02 +3.45 pp
2017 38.57 −7.25 pp
2016 45.82 −15.25 pp
2015 61.07 +3.26 pp
2014 57.81 +14.19 pp
2013 43.63
2007 61.2 +6.49 pp
2006 54.71 +14.86 pp
2005 39.85 −0.02 pp
2004 39.87 +6.59 pp
2003 33.28 −2.68 pp
2002 35.97 +2.01 pp
2001 33.96 −1.59 pp
2000 35.55 −6.67 pp
1999 42.22 −5.33 pp
1998 47.56 −12.11 pp
1997 59.67 −0.23 pp
1996 59.89

Eastern Asia, 2023

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.