US trade with Mongolia in the 3rd quarter of 2017

Published or Updated: Mar 31, 2018

The report on US foreign trade in goods with Mongolia in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Mongolia

In the 3rd quarter of 2017, US trade with Mongolia totaled $24.4 million, up 62.13% ($9.3 million) from the 3rd quarter of 2016.

US exports to Mongolia in the 3rd quarter of 2017 totaled $19.8 million, up 62.76% ($7.7 million) from the 3rd quarter of 2016.

US imports from Mongolia in the 3rd quarter of 2017 totaled $4.5 million, up 59.43% ($1.7 million) from the 3rd quarter of 2016.

US trade surplus with Mongolia in the 3rd quarter of 2017 was $15.3 million, a 63.76% increase ($6.0 million) over the 3rd quarter of 2016.

Mongolia was the US 164th largest trading partner in the 3rd quarter of 2017 (up from 168th in the 3rd quarter of 2016), accounting for 0.0025% of US total trade (up from 0.0018% in the 3rd quarter of 2016).

Mongolia was the US 147th largest export market in the 3rd quarter of 2017 (up from 155th in the 3rd quarter of 2016), accounting for 0.0052% of US total exports (up from 0.0035% in the 3rd quarter of 2016).

Mongolia was the US 156th largest supplier in the 3rd quarter of 2017 (up from 165th in the 3rd quarter of 2016), accounting for 0.0007% of US total imports (up from 0.0006% in the 3rd quarter of 2016).

US Exports to Mongolia

The major share of US exports to Mongolia in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 71.44% of US total exports to Mongolia (64.61% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 9.03% of US total exports to Mongolia (6.38% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.28% of US total exports to Mongolia (9.73% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.81% of US total exports to Mongolia (10.60% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.95% of US total exports to Mongolia (2.80% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.93% of US total exports to Mongolia (1.76% in the 3rd quarter of 2016).

The largest gains in US exports to Mongolia in the 3rd quarter of 2017 over the 3rd 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 $5,789.8 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $1,329.1 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $671.1 thousand;
  • Rubber and articles thereof (HS code 40) - an increase of $323.2 thousand;
  • Organic chemicals (HS code 29) - an increase of $241.3 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 $202.3 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $166.9 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $165.2 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $145.0 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $133.9 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $123.2 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $91.9 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - an increase of $91.1 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $80.4 thousand.

The largest declines in US exports to Mongolia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $1,008.5 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $321.5 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $190.0 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $158.3 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $133.6 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $124.2 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $62.9 thousand.
US exports to Mongolia in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 24.0 0.12 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 4.4-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 133.3 0.67 10.11,219.17
09 Coffee, tea, maté and spices 16.8 0.08 42.5-60.43
10 Cereals 5.3 0.03 45.7-88.36
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 62.9-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3.8 0.02 33.0-88.54
17 Sugars and sugar confectionery 5.3 0.03 37.4-85.71
18 Cocoa and cocoa preparations 51.0 0.26 17.3195.16
19 Preparations of cereals, flour, starch or milk; bakers’ wares 28.2 0.14 35.8-21.05
20 Preparations of vegetables, fruit, nuts or other parts of plants 64.7 0.33 113.5-42.99
21 Miscellaneous edible preparations 1,267.8 6.39 596.7112.46
22 Beverages, spirits and vinegar 43.1 0.22 176.7-75.63
23 Residues and waste from the food industries; prepared animal feed 0.0 0.00 10.9-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 11.5 0.06 10.59.57
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 371.0 1.87 204.181.74
29 Organic chemicals 265.7 1.34 24.5986.43
30 Pharmaceutical products 98.5 0.50 42.6131.14
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 140.9 0.71 49.8182.83
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 299.6 1.51 165.780.85
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 106.1 0.53 73.344.90
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 39.1-100.00
37 Photographic or cinematographic goods 2.5 0.01 0.0
38 Miscellaneous chemical products 240.8 1.21 160.350.16
39 Plastics and articles thereof 206.8 1.04 114.979.95
40 Rubber and articles thereof 430.6 2.17 107.4300.79
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 12.9 0.06 0.0
44 Wood and articles of wood; wood charcoal 27.7 0.14 9.4194.96
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 2.9 0.01 9.0-67.84
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2.9 0.01 6.0-51.87
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 12.8 0.06 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 10.0 0.05 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 165.2 0.83 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 42.4 0.21 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 16.6 0.08 11.643.41
64 Footwear, gaiters and the like; parts of such articles 140.3 0.71 330.3-57.52
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 7.7-100.00
69 Ceramic products 0.0 0.00 50.6-100.00
70 Glass and glassware 19.9 0.10 18.28.97
72 Iron and steel 42.6 0.21 0.0
73 Articles of iron or steel 259.8 1.31 581.2-55.31
76 Aluminum and articles thereof 15.6 0.08 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 558.0 2.81 682.1-18.20
83 Miscellaneous articles of base metal 79.0 0.40 29.5168.05
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 3,240.2 16.33 3,398.4-4.66
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 830.5 4.19 628.232.20
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 7,485.4 37.72 1,695.6341.47
88 Aircraft, spacecraft, and parts thereof 1,994.4 10.05 665.3199.77
89 Ships, boats and floating structures 145.0 0.73 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 480.9 2.42 1,489.4-67.71
91 Clocks and watches and parts thereof 4.0 0.02 0.0
92 Musical instruments; parts and accessories of such articles 17.2 0.09 0.0
93 Arms and ammunition; parts and accessories thereof 59.9 0.30 47.925.21
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 123.3 0.62 143.4-14.01
95 Toys, games and sports requisites; parts and accessories thereof 79.0 0.40 36.2117.87
96 Miscellaneous manufactured articles 18.3 0.09 0.0
97 Works of art, collectors’ pieces and antiques 0.0 0.00 10.0-100.00

US Imports from Mongolia

The major share of US imports from Mongolia in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 67.33% of US total imports from Mongolia (69.65% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 15.66% of US total imports from Mongolia (20.22% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 3.26% of US total imports from Mongolia (3.71% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.88% of US total imports from Mongolia (0.57% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 1.18% of US total imports from Mongolia (0.00% in the 3rd quarter of 2016).

The largest gains in US imports from Mongolia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Ores, slag and ash (HS code 26) - an increase of $1,095.2 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $114.3 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) - an increase of $68.7 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $53.3 thousand;
  • Carpets and other textile floor coverings (HS code 57) - an increase of $43.3 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 $36.4 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $35.6 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $32.0 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $26.4 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $16.9 thousand.

The largest declines in US imports from Mongolia in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $29.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $22.5 thousand.
US imports from Mongolia in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
23 Residues and waste from the food industries; prepared animal feed 9.1 0.20 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 21.5 0.48 51.4-58.11
26 Ores, slag and ash 3,012.4 66.85 1,917.257.13
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 53.3 1.18 0.0
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 9.4 0.21 0.0
57 Carpets and other textile floor coverings 45.5 1.01 2.21,925.68
61 Articles of apparel and clothing accessories, knitted or crocheted 542.2 12.03 506.57.04
62 Articles of apparel and clothing accessories, not knitted or crocheted 40.0 0.89 8.0400.15
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 65.1 1.44 48.235.12
64 Footwear, gaiters and the like; parts of such articles 0.4 0.01 1.3-72.40
65 Headgear and parts thereof 3.4 0.07 5.3-36.26
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 84.8 1.88 16.1426.28
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 54.6 1.21 28.193.88
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 75.4 1.67 39.093.28
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 16.8 0.37 15.39.88
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 0.0 0.00 22.5-100.00
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 0.0 0.00 3.7-100.00
95 Toys, games and sports requisites; parts and accessories thereof 2.7 0.06 0.0
97 Works of art, collectors’ pieces and antiques 114.3 2.54 0.0
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce