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About Mongolia

Mongolia is a landlocked country in Asia between China and Russia. The country has a famous history of being a strong influencer in the region especially during the times of Genghis Khan.

The country is predominantly terrain and desert and hence the availability of agricultural land is minimum.

The economy of Mongolia is agriculture, livestock, and mining. It has a lower middle income economy

Country Facts


Basic Details
RegionEast Asia
Capital CityUlaanbaatar
Government TypeSemi-Presidential Republic
Official LanguagesMongolian
CurrencyTögrög, (MNT)
Phone Code +976
Important CitiesErdenet, Darkhan, Choibalsan, Mörön, Nalaikh, Bayankhongor, Ölgii, Khovd, Arvaikheer, Ulaangom, Baganuur, Sainshand, Tsetserleg, Sükhbaatar, Öndörkhaan, Dalanzadgad, Züünkharaa, Uliastai, Altai
National DayIndependence Day (Dec-29)
GDP (nominal)USD 18.782 Billion
Ease of Doing Business Ranking81
Primary IndustriesCommercial banks,Investment banks.
Foreign Relations
Bordering NationsRussia, China, Kazakhstan.
Member of(United Nations)
Major ExportsMining, Metals & Minerals, Gems & Jewellery, Live Animals and Animal Products, Fruits and Nuts, Aviation Vehicles, Fashion and Apparel, Animal Meat and Food Preperations, Machinery & Appliances, Edible Oils & Seeds, Food & Beverages, Spirits & Vinegar, Rubber and Products, Automobiles, Vehicles & Components, Electrical Products, Hides, Leather & Tannery
Major ImportsMining, Metals & Minerals, Automobiles, Vehicles & Components, Machinery & Appliances, Electrical Products, Plastics and Products, Aviation Vehicles, Pharmaceutical Products, Food & Beverages, Spirits & Vinegar, Rubber and Products, Railway and Locomotives, Instruments & Optical Solutions, Agriculture & Farming Products and Solutions, Cereals & Pulses, Household Items & Products, Building & Construction Products & Services, Glass and glassware, Wood and Pulp
Total Exports ValueUSD 12.558 Billion
Total Imports ValueUSD 8.747 Billion
Foreign Trade BalanceUSD 3.811 Billion (Excess)
Foreign Relations with India
Trade Agreements with IndiaIndia and Mongolia have ‘India-Mongolia Joint Committee on Cooperation (IMJCC)’ headed by Minister of State for External Affairs on the Indian side and Minister of Education and Science from Mongolia. Fourth meeting of I-MJCC was held at New Delhi in March 2013.
Major Exports to IndiaLive Animals and Animal Products, Machinery & Appliances, Silk & Textiles, Electrical Products, Railway and Locomotives, Automobiles, Vehicles & Components, Aviation Vehicles, Marine Vessels, Instruments & Optical Solutions, Cosmetics and Accessories, Music and Instruments, Arms and Ammunitions, Household Items & Products, Toys and Games, Other Products, Art and Antiques
Major Imports from IndiaElectrical Products, Food & Beverages, Spirits & Vinegar, Pharmaceutical Products, Machinery & Appliances, Mining, Metals & Minerals, Cereals & Pulses, Cosmetics and Accessories, Automobiles, Vehicles & Components, Railway and Locomotives, Rubber and Products, Instruments & Optical Solutions, Fashion and Apparel, Vegetables and Related Products, Chemical Products, Silk & Textiles
India's Imports ValueUSD 0.94 Million
India's Exports ValueUSD 33.9 Million
Trade Balance with IndiaUSD 32.96 Million (Deficit)
Indian Embassy Details for MongoliaEmbassy of India
H.E. Mr. Atul Malhari Gotsurve
Honourable Ambassador
Zaluuchuudyn Urgun Chuluu 10,C.P.O. Box. No. 691, ULAANBAATAR 14190
00-976-329522/329524/329528; 00-976-99102405

Embassy Details of Mongolia in IndiaMongolia
Embassy of Mongolia
H.E. Mr. Dambajavyn Ganbold
Ambassador Designate
34, Archibishop Makarios MargNew Delhi-110003
+91-11-2463 1728, 2461 7989 (O)

Honorary Consulate of Mongolia in Mumbai
H.E. Mr. Dilip Digambar Dandekar
Honorary Consul
Maharashtra Chamber of Commerce Oricon House, 6th floor 12, K. Dubhash Marg, Fort, Mumbai 400001
+91-22-22855859; 22855860 (O)