Key Market Indicators
Mongol copper imports are expected to decline slightly from $1.63 billion in 2021 to just over $1.51 billion in 2026, a drop of 1.2%. This is a decrease in its year-on-year growth rate of 1.7% since 2001. Madagascar is now ahead of Mongolia in the 2021 rankings, with imports valued at $1.63 billion. Germany, the United States and Italy occupy the top three spots respectively. Mongol copper exports are expected to grow from $101 million in 2021 to just over $124 million in 2026, a rise of 3.6% annually. This is an increase of 6.1% since 2001. Tunisia has now overtaken Mongolia in the 2021 rankings, with exports valued at $101 million. Germany, the United States and Japan are in the top three spots respectively.