Korea Trade Data

South Korea exports to Mongolia

몽골 · latest month: October 2026

Exports, October 2026
$61.1M
+0.6% vs previous month
vs same month a year earlier
+44.7%
export value
Exports, last 12 months
$624.7M
-6.2% vs 12 months before
Rank among destinations
64
of 239, last 12 months
Imports, last 12 months
$27.8M
balance $596.9M

In October 2026, South Korea exported $61.1 million of goods to Mongolia, up 0.6% from September 2026 and up 44.7% from October 2025.

Over the 12 months to October 2026, exports of goods to Mongolia totalled $624.7 million, down 6.2% from the 12 months before ($665.8 million).

Mongolia ranked 64th of 239 destinations for Korean goods over the 12 months to October 2026, down from 59th in the 12 months before.

The largest chapter was vehicles, parts and accessories (HS 87), with $86.5 million or 13.8% of exports to Mongolia.

Imports from Mongolia in October 2026 were $2.9 million (up 10.5% from October 2025), leaving a surplus of $58.2 million for the month.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$50M$100M$150MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $47.1 millionDecember 2024: $45.0 millionJanuary 2025: $31.6 millionFebruary 2025: $48.6 millionMarch 2025: $54.7 millionApril 2025: $54.9 millionMay 2025: $144.2 millionJune 2025: $56.6 millionJuly 2025: $39.1 millionAugust 2025: $41.5 millionSeptember 2025: $60.1 millionOctober 2025: $42.3 millionNovember 2025: $45.3 millionDecember 2025: $41.5 millionJanuary 2026: $39.2 millionFebruary 2026: $35.5 millionMarch 2026: $57.6 millionApril 2026: $55.8 millionMay 2026: $50.6 millionJune 2026: $66.2 millionJuly 2026: $55.1 millionAugust 2026: $55.9 millionSeptember 2026: $60.8 millionOctober 2026: $61.1 million
Monthly importsImport value in US dollars (CIF).
$0M$2.5M$5M$7.5M$10MOct ’26May ’26Dec ’25Jul ’25Feb ’25$2.95MNovember 2024: $2.4 millionDecember 2024: $2.2 millionJanuary 2025: $2.7 millionFebruary 2025: $1.2 millionMarch 2025: $926,244April 2025: $1.3 millionMay 2025: $1.2 millionJune 2025: $1.6 millionJuly 2025: $2.5 millionAugust 2025: $7.9 millionSeptember 2025: $3.0 millionOctober 2025: $2.7 millionNovember 2025: $4.3 millionDecember 2025: $3.1 millionJanuary 2026: $1.9 millionFebruary 2026: $1.2 millionMarch 2026: $1.4 millionApril 2026: $1.4 millionMay 2026: $3.5 millionJune 2026: $2.6 millionJuly 2026: $1.8 millionAugust 2026: $1.9 millionSeptember 2026: $1.8 millionOctober 2026: $2.9 million

What South Korea exports to Mongolia: chapters

Export value by HS chapter over the 12 months to October 2026; the largest 25 of 91.

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
87Vehicles, parts and accessories$86.5M 13.8%-4.0%$7.1M
33Essential oils, perfumery and cosmetics$79.7M 12.8%+46.5%$16.2M
84Machinery, boilers and computers$65.6M 10.5%+7.9%$3.2M
22Beverages, spirits and vinegar$41.8M 6.7%+9.0%$3.4M
85Electrical machinery and electronics$39.8M 6.4%+21.2%$4.2M
21Miscellaneous edible preparations$38.8M 6.2%+26.3%$4.1M
30Pharmaceutical products$29.6M 4.7%+6.8%$2.6M
19Preparations of cereals, flour or milk, and bakery products$29.2M 4.7%+17.0%$3.1M
90Optical, measuring and medical instruments$22.3M 3.6%+26.3%$1.1M
27Mineral fuels, oils and their products$19.7M 3.1%+31.0%$1.6M
24Tobacco and tobacco substitutes$17.7M 2.8%-38.8%$108K
39Plastics and articles thereof$17.4M 2.8%+11.2%$1.6M
32Dyes, pigments, paints and inks$13.4M 2.1%+11.2%$747K
71Pearls, precious stones and precious metals$12.4M 2.0%-39.2%$1.7M
34Soap, washing preparations and waxes$10.6M 1.7%+39.0%$1.1M
20Preparations of vegetables, fruit or nuts$8.6M 1.4%+22.4%$754K
73Articles of iron or steel$7.4M 1.2%-26.2%$556K
48Paper and paperboard$7.0M 1.1%+10.6%$632K
96Miscellaneous manufactured articles$7.0M 1.1%+22.9%$503K
16Preparations of meat, fish or seafood$6.9M 1.1%+31.0%$556K
61Clothing, knitted or crocheted$5.9M 0.9%+9.9%$559K
94Furniture, bedding and lighting$4.8M 0.8%+31.7%$465K
62Clothing, not knitted or crocheted$4.4M 0.7%-12.2%$482K
44Wood and articles of wood$4.1M 0.7%+16.5%$445K
17Sugars and sugar confectionery$3.9M 0.6%+30.2%$372K

Largest 4-digit headings

The 30 largest of 701 headings exported to Mongolia in the same 12 months.

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
3304Beauty, make-up and skin care preparations$65.9M 10.5%+50.8%$14.2M
8703Passenger cars$36.3M 5.8%-23.0%$2.4M
8704Motor vehicles for the transport of goods$28.0M 4.5%+23.4%$3.0M
8429Bulldozers, excavators and other earth-moving machinery$26.4M 4.2%+9.9%$165K
2203Beer made from malt$22.7M 3.6%+6.3%$1.4M
3004Medicaments, in measured doses or retail packs$21.3M 3.4%+2.8%$1.9M
2710Refined petroleum oils$18.8M 3.0%+33.8%$1.6M
2402Cigarettes and cigars$17.6M 2.8%-39.2%$0
2202Soft drinks and other non-alcoholic beverages$16.6M 2.7%+21.4%$1.7M
1902Pasta and noodles (including instant noodles)$13.7M 2.2%+13.9%$1.3M
2106Other food preparations (including food supplements)$13.4M 2.1%+45.6%$1.2M
8517Telephones, smartphones and network equipment$13.0M 2.1%+75.6%$1.0M
7113Jewellery of precious metal$12.2M 2.0%-40.5%$1.7M
1905Bread, pastry, cakes and biscuits$11.9M 1.9%+34.3%$1.2M
2103Sauces, condiments and seasonings$11.6M 1.9%+13.4%$1.3M
8708Parts and accessories of motor vehicles$10.2M 1.6%+13.0%$1.1M
2101Coffee and tea extracts and preparations (including instant coffee)$10.1M 1.6%+47.0%$1.3M
9018Medical, surgical and dental instruments$8.3M 1.3%+59.3%$501K
3209Paints and varnishes, water-based$7.9M 1.3%-5.0%$325K
8507Rechargeable batteries (electric accumulators)$7.6M 1.2%+21.6%$871K
8418Refrigerators, freezers and heat pumps$6.9M 1.1%+32.0%$751K
1604Prepared or preserved fish, caviar and substitutes$6.6M 1.1%+34.9%$537K
3305Hair preparations$6.6M 1.1%+35.0%$1.2M
3002Blood products, vaccines and immunological products$6.5M 1.0%+17.9%$486K
3307Shaving, deodorant, bath and other toiletry preparations$6.0M 1.0%+20.8%$745K
8544Insulated wire and cable$6.0M 1.0%+2.3%$971K
3402Surfactants, detergents and cleaning preparations$5.9M 0.9%+60.6%$626K
2008Prepared fruit, nuts and other plant parts (including seasoned laver)$5.8M 0.9%+22.9%$399K
8702Buses (motor vehicles for ten or more persons)$5.5M 0.9%+2.2%$397K
9619Sanitary towels and tampons, napkins, napkin liners and similar articles, etc.$5.5M 0.9%+23.3%$301K

A chapter is linked when exports to Mongolia reached $1,000,000 over 24 months, a heading when they reached $5,000,000. "Share" is the share of all exports to Mongolia.

Featured industry: cosmetics exports to Mongolia, by 6-digit product.

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$61.1M+44.7%17,041 t $3.59$2.9M466 t
September 2026$60.8M+1.2%21,824 t $2.79$1.8M449 t
August 2026$55.9M+34.6%18,340 t $3.05$1.9M851 t
July 2026$55.1M+41.0%18,104 t $3.04$1.8M1,452 t
June 2026$66.2M+16.8%20,045 t $3.30$2.6M1,674 t
May 2026$50.6M-64.9%17,650 t $2.86$3.5M520 t
April 2026$55.8M+1.7%23,381 t $2.39$1.4M1,895 t
March 2026$57.6M+5.4%21,541 t $2.67$1.4M1,753 t
February 2026$35.5M-26.9%14,012 t $2.54$1.2M967 t
January 2026$39.2M+24.0%14,195 t $2.76$1.9M560 t
December 2025$41.5M-7.8%13,238 t $3.13$3.1M821 t
November 2025$45.3M-3.8%12,911 t $3.51$4.3M873 t
October 2025$42.3M-17.1%13,254 t $3.19$2.7M949 t
September 2025$60.1M+15.6%22,786 t $2.64$3.0M1,230 t
August 2025$41.5M-23.1%13,834 t $3.00$7.9M874 t
July 2025$39.1M-18.8%13,418 t $2.91$2.5M494 t
June 2025$56.6M+5.0%17,292 t $3.28$1.6M566 t
May 2025$144.2M+138.3%19,999 t $7.21$1.2M316 t
April 2025$54.9M+9.2%25,327 t $2.17$1.3M240 t
March 2025$54.7M+21.2%22,220 t $2.46$926K75.0 t
February 2025$48.6M+28.8%20,136 t $2.42$1.2M112 t
January 2025$31.6M-14.5%12,414 t $2.55$2.7M181 t
December 2024$45.0M+25.4%14,235 t $3.16$2.2M141 t
November 2024$47.1M+27.2%12,256 t $3.84$2.4M183 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.