Trade balance in low carbon technology products, US dollar in Mongolia
Mongolia: Trade balance in low carbon technology products, US dollar was -627.41 million in 2023. ◆ Volatile
Trade balance in low carbon technology products, US dollar in Mongolia, 1996–2023
Source: International Monetary Fund.
Analysis
In 2023, trade balance in low carbon technology products, us dollar in Mongolia stood at -627.41 million. That is the lowest value across all 22 years on record.
That represents a change of down 41.7% on the previous year and down 193.3% over ten years.
Over the whole period, trade balance in low carbon technology products, us dollar in Mongolia peaked at -10.44 million in 1999 and was at its lowest, -627.41 million, in 2023.
Mongolia ranks 125th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, US dollar in Mongolia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | -11.60 million | — |
| 1997 | -19.47 million | +67.8% |
| 1998 | -13.72 million | -29.6% |
| 1999 | -10.44 million | -23.9% |
| 2000 | -19.12 million | +83.2% |
| 2001 | -13.18 million | -31.0% |
| 2003 | -29.01 million | +120.0% |
| 2004 | -30.06 million | +3.6% |
| 2005 | -33.01 million | +9.8% |
| 2006 | -32.10 million | -2.8% |
| 2007 | -72.16 million | +124.8% |
| 2013 | -213.91 million | +196.4% |
| 2014 | -182.10 million | -14.9% |
| 2015 | -125.16 million | -31.3% |
| 2016 | -91.49 million | -26.9% |
| 2017 | -289.20 million | +216.1% |
| 2018 | -373.80 million | +29.3% |
| 2019 | -329.72 million | -11.8% |
| 2020 | -317.60 million | -3.7% |
| 2021 | -355.17 million | +11.8% |
| 2022 | -442.69 million | +24.6% |
| 2023 | -627.41 million | +41.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -13.81 million | -19.47 million | -10.44 million | 4 |
| 2000s | -32.66 million | -72.16 million | -13.18 million | 7 |
| 2010s | -229.34 million | -373.80 million | -91.49 million | 7 |
| 2020s | -435.72 million | -627.41 million | -317.60 million | 4 |
Countries ranked near Mongolia
More trade data for Mongolia
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.39 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 103.66 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.61 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 95.15 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.06 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.61 (2025)
- Imports of low carbon technology products, Percent of GDP 3.13 (2023)
- Imports of low carbon technology products, US dollar (World), per 182.49 units per person (2023)
- Imports of low carbon technology products, US dollar (World), per 0.0313 units per US$ of GDP (2023)
- Exports of low carbon technology products, US dollar (World), gaps 7.85 million (2023)
Frequently asked questions
- What is trade balance in low carbon technology products, us dollar in Mongolia?
- Trade balance in low carbon technology products, us dollar in Mongolia was -627.41 million in 2023, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, us dollar recorded in Mongolia?
- The highest recorded value was -10.44 million in 1999.
- What is the lowest trade balance in low carbon technology products, us dollar recorded in Mongolia?
- The lowest recorded value was -627.41 million in 2023.
- How does Mongolia rank for trade balance in low carbon technology products, us dollar?
- Mongolia ranks 125th out of 187 countries with data for 2023.
- Is trade balance in low carbon technology products, us dollar rising or falling in Mongolia?
- Over the last ten years it is down 193.3%. The long-run trend across the full record is volatile.
- Where does this Mongolia data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, US dollar (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.