US trade with Mongolia in the 1st quarter of 2017

Published or Updated: Aug 06, 2017

The report on US foreign trade in goods with Mongolia in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Mongolia

In the 1st quarter of 2017, US trade with Mongolia was $17.1 million, down 2.05% ($0.4 million) from the 1st quarter of 2016.

US exports to Mongolia in the 1st quarter of 2017 totaled $15.8 million, up 17.69% ($2.4 million) from the 1st quarter of 2016.

US imports from Mongolia in the 1st quarter of 2017 were $1.3 million, down 68.07% ($2.7 million) from the 1st quarter of 2016.

US trade surplus with Mongolia in the 1st quarter of 2017 was $14.5 million, a 54.28% increase ($5.1 million) over the 1st quarter of 2016.

Mongolia was the US 170th largest trading partner in the 1st quarter of 2017 (down from 164th in the 1st quarter of 2016), accounting for 0.0018% of US total trade (down from 0.0020% in the 1st quarter of 2016).

Mongolia was the US 152nd largest export market in the 1st quarter of 2017 (up from 153rd in the 1st quarter of 2016), accounting for 0.0042% of US total exports (up from 0.0039% in the 1st quarter of 2016).

Mongolia was the US 176th largest supplier in the 1st quarter of 2017 (down from 156th in the 1st quarter of 2016), accounting for 0.0002% of US total imports (down from 0.0008% in the 1st quarter of 2016).

US Exports to Mongolia

The major share of US exports to Mongolia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 68.28% of US total exports to Mongolia (80.66% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 12.17% of US total exports to Mongolia (6.33% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 6.53% of US total exports to Mongolia (4.78% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.70% of US total exports to Mongolia (2.02% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.14% of US total exports to Mongolia (1.22% in the 1st quarter of 2016).

The largest gains in US exports to Mongolia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $886.5 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $562.1 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $528.0 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $455.0 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $369.6 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $329.1 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $274.9 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $137.0 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $136.6 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $131.0 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $65.4 thousand;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $60.7 thousand;
  • Headgear and parts thereof (HS code 65) - an increase of $51.1 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $48.2 thousand.

The largest declines in US exports to Mongolia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $876.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $597.8 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $89.4 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $88.2 thousand.
US exports to Mongolia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 41.4-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 88.2-100.00
09 Coffee, tea, maté and spices 9.1 0.06 15.7-42.05
10 Cereals 0.0 0.00 38.3-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 9.4-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 19.8 0.13 24.8-20.20
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 5.3 0.03 2.793.47
17 Sugars and sugar confectionery 3.2 0.02 46.9-93.27
18 Cocoa and cocoa preparations 56.1 0.36 9.9468.19
19 Preparations of cereals, flour, starch or milk; bakers’ wares 18.9 0.12 9.2104.98
20 Preparations of vegetables, fruit, nuts or other parts of plants 25.1 0.16 8.8187.20
21 Miscellaneous edible preparations 824.7 5.22 262.6214.09
22 Beverages, spirits and vinegar 68.9 0.44 68.9-0.08
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 14.6-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 8.5 0.05 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 17.5 0.11 106.9-83.65
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 9.4-100.00
29 Organic chemicals 76.1 0.48 73.83.11
30 Pharmaceutical products 174.3 1.10 153.013.96
31 Fertilizers 28.2 0.18 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 144.9 0.92 8.31,645.39
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 74.5 0.47 86.0-13.38
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 85.0 0.54 60.540.44
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 42.1-100.00
38 Miscellaneous chemical products 339.4 2.15 10.33,205.30
39 Plastics and articles thereof 206.7 1.31 141.346.28
40 Rubber and articles thereof 793.6 5.02 265.6198.83
41 Raw hides and skins (other than furskins) and leather 28.6 0.18 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 5.8 0.04 6.6-12.37
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 13.7 0.09 23.3-41.20
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 36.2-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 16.2 0.10 10.555.08
61 Articles of apparel and clothing accessories, knitted or crocheted 375.0 2.37 5.46,806.54
62 Articles of apparel and clothing accessories, not knitted or crocheted 40.2 0.25 16.3147.10
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 48.2 0.31 0.0
64 Footwear, gaiters and the like; parts of such articles 123.9 0.78 95.030.42
65 Headgear and parts thereof 51.1 0.32 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 2.8 0.02 0.0
69 Ceramic products 4.4 0.03 0.0
70 Glass and glassware 17.7 0.11 3.2447.99
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 11.9 0.08 15.8-24.44
72 Iron and steel 0.0 0.00 6.1-100.00
73 Articles of iron or steel 491.9 3.11 217.0126.68
75 Nickel and articles thereof 5.1 0.03 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 176.5 1.12 39.5346.71
83 Miscellaneous articles of base metal 69.6 0.44 8.9680.74
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,838.2 24.29 4,715.1-18.60
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 776.2 4.91 645.220.31
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 4,681.2 29.63 3,794.723.36
88 Aircraft, spacecraft, and parts thereof 893.6 5.66 438.7103.72
89 Ships, boats and floating structures 0.0 0.00 37.9-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 599.6 3.79 1,197.4-49.92
93 Arms and ammunition; parts and accessories thereof 48.6 0.31 6.0711.43
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 341.9 2.16 331.33.20
95 Toys, games and sports requisites; parts and accessories thereof 29.4 0.19 40.4-27.31
96 Miscellaneous manufactured articles 6.8 0.04 7.3-6.85

US Imports from Mongolia

The major share of US imports from Mongolia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 33.49% of US total imports from Mongolia (34.29% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 16.93% of US total imports from Mongolia (2.85% in the 1st quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 13.41% of US total imports from Mongolia (6.23% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.32% of US total imports from Mongolia (0.00% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 2.01% of US total imports from Mongolia (2.54% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.00% of US total imports from Mongolia (6.16% in the 1st quarter of 2016).

The largest gains in US imports from Mongolia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $260.6 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $81.7 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $42.6 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $31.7 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $27.8 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $18.6 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $12.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $10.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $7.7 thousand.

The largest declines in US imports from Mongolia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - a decrease of $714.3 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $247.4 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $233.0 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $127.6 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $73.7 thousand;
  • Edible vegetables and certain roots and tubers (HS code 07) - a decrease of $11.2 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $6.5 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $4.5 thousand.
US imports from Mongolia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
07 Edible vegetables and certain roots and tubers 0.0 0.00 11.2-100.00
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 73.7-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 12.8 1.00 17.3-25.90
22 Beverages, spirits and vinegar 12.9 1.01 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 39.0 3.04 272.0-85.65
26 Ores, slag and ash 390.4 30.45 1,104.7-64.66
38 Miscellaneous chemical products 0.0 0.00 2.6-100.00
39 Plastics and articles thereof 0.7 0.06 0.0
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 1.8-100.00
44 Wood and articles of wood; wood charcoal 42.6 3.32 0.0
57 Carpets and other textile floor coverings 2.1 0.16 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 163.9 12.78 82.299.37
62 Articles of apparel and clothing accessories, not knitted or crocheted 15.6 1.22 12.426.50
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 29.4 2.30 10.9170.63
64 Footwear, gaiters and the like; parts of such articles 1.9 0.15 8.3-77.63
65 Headgear and parts thereof 4.2 0.33 0.7521.04
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 0.0 0.00 247.4-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 58.0 4.52 48.020.81
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 23.7 1.85 151.3-84.34
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 82.5 6.44 50.862.38
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 7.7 0.60 0.0
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 27.8 2.17 0.0
97 Works of art, collectors’ pieces and antiques 266.8 20.81 6.24,225.04
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce