ProceduresGovernment

Mongolia

Country

2025-Q1: US$3.5k, 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 2025, Mexico received US$3.5k in remittances from Mongolia, while Mongolia received US$1.65k 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 March 2025, the international sales from Mexico to Mongolia were US$0, while international purchases reached US$2.59k. The above results in a trade balance of -US$2.59k.

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 March 2025 was Axles and Cranks; Bearings, Bearing Housings and other Speed Changers (US$714). The main destinations of purchases made to Mongolia were Ciudad de México (US$1.8k), Chihuahua (US$714), and Nuevo León (US$69).

Net Trade Balance

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In 2024, the states with the highest commercial exchange (international sales minus international purchases) 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 2025, Mexico received US$3.5k in remittances from Mongolia, while Mongolia received US$1.65k in remittances from Mexico.