Asia · Eastern Asia
Mongolia
Mongolia · World’s #124 economy
- Nominal GDP 2025
- $25.4 billion
- Population 2025
- 3.6 million
- GDP per capita
- $7,108
- GDP growth 2025
- 6.8%
Overview
China
RussiaMap
Demographics
Age structure (2025)
Macroeconomy
Mongolia ranks #124 in the world by nominal GDP (2025). Full ranking →
Business environment & logistics (micro)
The Logistics Performance Index (LPI) and import clearance time are published by the World Bank per survey round; total tax rate comes from the discontinued Doing Business data (2020).
Provinces, states & regions (22)
Province: 21 · Capital city: 1
- Arhangay MN-073
- Bayan-Ölgiy MN-071
- Bayanhongor MN-069
- Bulgan MN-067
- Darhan uul MN-037
- Dornod MN-061
- Dornogovĭ MN-063
- Dundgovĭ MN-059
- Dzavhan MN-057
- Govĭ-Altay MN-065
- Govĭ-Sümber MN-064
- Hentiy MN-039
- Hovd MN-043
- Hövsgöl MN-041
- Orhon MN-035
- Selenge MN-049
- Sühbaatar MN-051
- Töv MN-047
- Ulaanbaatar MN-1
- Uvs MN-046
- Ömnögovĭ MN-053
- Övörhangay MN-055
Source: ISO 3166-2 (Debian iso-codes)
Seaports & logistics
Landlocked – cargo moves through neighbouring countries’ ports.
FTAs & trade blocs
Vietnam has no FTA with Mongolia: MFN rates apply (if a WTO member).
Trade agreements in force (1)
Mongolia is party to 1 regional/bilateral trade agreements in force (per the WTO). Agreements with a “Preferential rates” button are FTAs that Vietnam is also party to.
| Agreement | Type / coverage | In force | Partners |
|---|---|---|---|
| Japan - Mongolia | FTA & EIA Goods & Services |
7 Jun 2016 |  Japan |
Source: WTO Regional Trade Agreements Database (retrieved 14 Oct 2026) plus additional agreements maintained by the administrator. Lists agreements notified to the WTO and in force.
Import regulations
Look up the importing country's duties, technical rules and procedures on the Global Trade Helpdesk (ITC/UNCTAD/WTO), Market Access Map (ITC) and WTO Tariff & Trade Data. Check Vietnam's FTAs with the importing country for preferential rates with valid proof of origin.
Global Trade Helpdesk ↗Market Access Map ↗WTO Tariff & Trade Data ↗
Sourcing from Vietnam
Buyers in Mongolia can find Vietnamese suppliers by industry, in the factory directory and at international exhibitions in Vietnam:
Structural Steel
Steel & Metal
Construction Materials
Machinery
Electrical Equipment
Electronics
HVAC
Automotive
Steel & steel structure manufacturing →International exhibitions in VietnamContact
Data: World Bank WDI (CC BY 4.0); mledoze/world-countries (ODbL); i18n-iso-countries (MIT); ISO 3166-2 – Debian iso-codes (LGPL); NGA World Port Index 2019; map @svg-maps/world (CC BY 4.0); flags flag-icons (MIT). For reference only.