Fact Sheet: Mongolia - Canada's Priority Market

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Fast Facts

  • Capital: Ulaanbaatar
  • Population (millions): 2.8
  • Total area: 1,553,560 km2
  • Currency: Tugrik
  • Language (s): Khalka Mongol, Turkic, Russian, Chinese

Economic Facts 2012

  • GDP ($ billions): 10.3
  • GDP per capita ($): 3,626
  • GDP growth (%): 12.3
  • Inflation (%): 14.9
  • Unemployment (%): 6.8

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)
 20122007
Canada’s merchandise exports to Mongolia$71.9$10.2
Canada’s merchandise imports from Mongolia$166.5$192.7
Canadian investment in Mongolia$1,936$248
Mongolian investment in CanadaCommercially sensitive informationNot available