India and Mongolia’s strategic partnership recently saw 14 agreements signed in areas such as renewable energy, cyber security, and dairy production.
A solar energy electrification project was executed by the Central Electronics Ltd
India’s Department of Atomic Energy and the Nuclear Energy Agency of Mongolia have set up a working group for cooperation
India and Mongolia have conferred 'Most Favoured Nation' status to each other
200 slots earmarked for Mongolia under Indian Technical and Economic Cooperation
US$ 0.06mn
FDI inflow from April 2000 to March 2021
US$ 19.4mn
bilateral trade value for 2020-2021
155
Indians living in Mongolia
Resources
Mongolia is extremely rich in natural resources such as gold, copper, iron ore, coal, crude petroleum, uranium, aluminium
Meat
Strong demand for premium, organic meat from Mongolia
Luxury Retail
Good market for luxury fashion brands in Ulaanbaatar
Agriculture
Mongolian soil is rich in nutrients and offers a fertile ground for investment in agriculture
Energy
Significant potential for investment in the renewable energy sector
Policy
Promoting investment into sustainable development projects and innovative technologies
Tourism
Adventure Tourism is a big draw for the sector in Mongolia
Infrastructure
Focus on Railway and Highway infrastructure development projects
India's Exports and Imports to Mongolia
Source: Department of Commerce
(+976) 51 263333
(+976) 11 329522, 329524, 329528
Zaluuchuudyn Urgun Chuluu 10
C.P.O. Box. No. 691
Ulaanbaatar 14190
Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
agriexchange.apeda.gov.inCuts & edible offal of species Gallus domesticus, frozen (020714)
agriexchange.apeda.gov.inSugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
Sweet biscuits (190531)
Semi-milled/wholly milled rice, whether or not polished/glazed (100630)
agriexchange.apeda.gov.inChocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
agriexchange.apeda.gov.inMilk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)
agriexchange.apeda.gov.inPasta (excl. of 1902.11-1902.20) (190230)
agriexchange.apeda.gov.inFood preps., n.e.s. (210690)
agriexchange.apeda.gov.inFood preps., n.e.s. (210690)
Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
Production: 50.83 million tons (2019)
Export: 35.5 million tons (2019)
Export: US$ 3,074.4 million
Copper concentrate:
Production: 1.26 million tons (2019)
Export: 1,403.6 thousand tons (2019)
Export: US$ 1,795.9 Million
Production: 16.25 tons
Export: 9,069.5 kgs
Export value : US$ 418.4 million
Production: 8.57 million tons
Export: 8,448.8 thousand tons / US$ 576.6 million
Production: 5.30 thousand tons (2019)
Export: 5,689.5 tons / US$ 49.0 million
Zinc Ore:
Production: 83.09 thousand tons (2019)
Export: 134.8 thousand tons (2019) / US$ 189 million
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