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Canada-Mongolia fact sheet

Official Title:
Mongolia

General Information

Capital: Ulaanbaatar
Population (million): 3.30
Total Area: 1,600,000km2
Currency: 1 CAN$ = 2023.49 Mongolian Tugrik (MNT) (2020- Annual average)
National Holiday: Naadam, July 11
Language(s): Khalka Mongol, Turkic, Russian, Chinese

Political Information

Type of State:
Republic

Type of Government:
Mixed parliamentary/presidential

Head of State:
President Khaltmaagiin BATTULGA

Head of Government:
Prime Minister Luvsannamsrai OYUN-ERDENE

Ministers:
Deputy Prime Minister: S. AMARSAIKHAN
Foreign Relations: B. BATTSETSEG
Mining and Heavy Industry: G. YONDON

Main Political Parties:
Mongolian People’s Party (MPP), Democratic Party (DP), Mongolian People’s Revolutionary Party (MPRP), Civil Will-Green Party (CWGP)

Elections:
Legislative: June 2020. Presidential: June 2021.

Economic Information (2019)

Comparative figures
Type Mongolia Canada
GDP: ($ billion) 17.94 2,277.52
GDP per capita: ($) 5,437.71 60,806.37
GDP growth rate: (%) 5.1 1.64
Inflation: (%) 7.26 1.95
Unemployment: (%) 7.02 5.67

Source: IMF (estimates)

Product Trade and Investment (2020)

Canadian exports to country: $18,528,804
Canadian imports from country: $1,395,570
FDI in Canada (2019): $ million
CDI in the country (2019): $6,204 million

Source: Statistics Canada

Representation

Foreign Representation in Canada:
Ambassador Ariunbold YADMAA

Canadian Representation Abroad:
Ambassador Catherine IVKOFF

Please note that all statistics reflect Canadian dollars, with some figures reflecting the yearly averages for the year. If listed as ’0’ or absent, the figure is unavailable.

Bilateral Product trade
Canada - Mongolia
Year Exports Imports
2016 $10,095,205 $1,799,750
2017 $27,343,516 $2,488,587
2018 $27,885,218 $3,659,889
2019 $44,887,780 $3,148,173
2020 $18,528,804 $1,395,570
21 HS Sections (2020)
Canada - Mongolia
Section Exports Imports
01 Animal & Prod. $49,783 $200
02 Veg. Prod. $ $100
03 Fats, Oils & Waxes Prod. $ $
04 Food Prod. $9,637 $
05 Mineral Prod. $102,081 $272
06 Chemical Prod. $551,405 $87,514
07 Plastics, Rubber Prod. $580,137 $2,111
08 Leather, Fur Prod. $5,146 $6,238
09 Wood Prod. $14,711 $40
10 Paper Prod. $59,589 $
11 Textiles Prod. $140,640 $664,979
12 Dress Access. $115,117 $10,053
13 Glass & Stone Prod. $94 $447
14 Precious Metals/stones $ $7,393
15 Base Metal Prod. $890,079 $21,296
16 Mach. Mech. Elec. Prod. $14,099,583 $57,232
17 Vehicles and Equip. $534,485 $250,385
18 Specialized Inst. $1,256,279 $47,687
19 Arms & Ammunition $ $
20 Misc. Articles $49,240 $236,925
21 Antiques $ $1,425


February 2021
Sources include: Statistics Canada, IMF

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