Fact Sheet: Mongolia - Canada's Priority Market

Fast Facts

  • Capital: Ulaanbaatar
  • Population (millions): 2.9
  • Total area: 1,553,560 km2
  • Currency: Tugrik
  • Language (s): Khalka Mongol, Turkic, Russian, Chinese

Economic Facts 2014

  • GDP ($ billions): 21,844.25
  • GDP per capita ($): 7,468,120
  • GDP growth (%): 7.8
  • Inflation (%): 37.4
  • Unemployment (%): 8.8

Key Opportunities

  • Agriculture and processed food
  • Education
  • Mining
  • Sustainable technologies

Major Negotiations and Agreements

Support Services

Trade Commissioner Service of Canada

Trade and Investment
Value (in millions of dollars)
 2014
Canada’s merchandise exports to Mongolia$8.0
Canada’s merchandise imports from Mongolia$1.4
Canadian investment in MongoliaCommercially sensitive information
Mongolian investment in CanadaCommercially sensitive information