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Mongolia

Country

2026-Q1: US$623, Remittances received from Mongolia

About Mongolia

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The main sale from Mexico to Mongolia in 2024 was Vehicle Bodies of Headings 8701 to 8705, Including Cabs (US$2.69M). The main origins of sales to Mongolia were Nuevo León (US$2.69M), Estado de México (US$1.91M), and Querétaro (US$97.2k).

The main product bought by Mexico from Mongolia in 2024 was Instruments, Appliances and Machines for Measuring or Checking, not Specified Elsewhere (US$35.2k). The main destinations of purchases made to Mongolia were Ciudad de México (US$54k), Baja California (US$46.3k), and Chihuahua (US$45.4k).

Regarding remittances, in the first quarter of 2026, Mexico received US$623 in remittances from Mongolia, while Mongolia received US$18.1k in remittances from Mexico.

Commercial Exchange

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The icons show the percentage share of Mongolia in Mexico's imports and exports, as well as the net trade balance between the two countries.

Data provided by Bank of Mexico.

Net International Exchange

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In May 2026, the exports from Mexico to Mongolia were US$0, while imports reached US$6.06k. The above results in a trade balance of -US$6.06k.

Annual International Trade

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The main sale from Mexico to Mongolia in 2024 was Vehicle Bodies of Headings 8701 to 8705, Including Cabs (US$2.69M). The main origins of sales to Mongolia were Nuevo León (US$2.69M), Estado de México (US$1.91M), and Querétaro (US$97.2k).

The main product bought by Mexico from Mongolia in 2024 was Instruments, Appliances and Machines for Measuring or Checking, not Specified Elsewhere (US$35.2k). The main destinations of purchases made to Mongolia were Ciudad de México (US$54k), Baja California (US$46.3k), and Chihuahua (US$45.4k).

Monthly International Trade

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The main product bought by Mexico from Mongolia in May 2026 was Insulating Parts, Metallic Assembly Parts Inlaid in the Dough, for Electrical Machines, Apparatus or Installations, except Insulators of Heading 85.46 (US$3.93k). The main destinations of purchases made to Mongolia were Chihuahua (US$3.93k), Nuevo León (US$2.1k), and Estado de México (US$27).

Net Trade Balance

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In 2024, the states with the highest commercial exchange (exports minus imports) with were Nuevo León (US$2.67M), Estado de México (US$1.91M), and Querétaro (US$97.2k).

Evolution of the Amount of Remittances

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The chart compares the evolution of remittances sent from Mexico to Mongolia and the remittances that Mexico receives from Mongolia.

In the first quarter of 2026, Mexico received US$623 in remittances from Mongolia, while Mongolia received US$18.1k in remittances from Mexico.