Market research

Wood in the rough market in Mongolia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

In 2018, the Mongolian government implemented Resolution No. 116, which emphasized mining exports of coal and copper, providing a policy backdrop for industrial activity. The market volume for wood in the rough remained stable at around 495 thousand tons through 2019, before surging by 17% to 581 thousand tons in 2020.

From 2021 to 2023, the market continued its gradual expansion, reaching 583.5 thousand tons. This period aligned with the state's strategic plan for 2021-2024, which included production support and regulation for the mining sector. Broader economic growth and rising mining exports, particularly coal, sustained demand for wood used in construction and infrastructure projects.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Mongolia
  1. 5.1.1. Annual dynamics of production in Mongolia in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Mongolia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Mongolia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Mongolia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Mongolia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Mongolia by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Mongolia, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Mongolia by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Mongolia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Mongolia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Mongolia in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Mongolia by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Mongolia, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Mongolia by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production wood in the rough in Mongolia

In kind, 2017-2020, K t

Top producers of wood in the rough, 2017-2020

Source: SHEV.io

World map of production of wood in the rough, 2017-2020

Source: SHEV.io

In Mongolia, 581,000 tonnes of wood in the rough were produced in 2020, representing a 17.3% increase from 2019. Over the 2017-2020 period, production grew by 17.3%, with a compound annual growth rate of 5.5%. The most significant decline occurred in 2018, when production remained stable with no change.

Annual dynamics of production in Mongolia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	17.3%	5.5%

Source: SHEV.io

Exports wood in the rough from Mongolia

According to a desk-based market study, Mongolia did not export any wood in the rough from 2017 to 2020.

Imports wood in the rough to Mongolia

Imports in kind, t

The market showed considerable volatility during these years. Imports reached their lowest point in 2020, after peaking in 2017, with a 32-fold difference between these years. In 2020, Mongolia imported 35 tonnes of wood in the rough, a sharp year-over-year decline of 87.2%. The largest decrease was recorded in 2018 at 89.0%, while the most significant increase occurred in 2019, rising by 119.7%.

Annual dynamics of product's imports to Mongolia in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(89.0%)	119.7%	(87.2%)	(68.6%)

Source: SHEV.io

From 2017 to 2020, Russia was overwhelmingly the main source for Mongolia's wood in the rough imports in kind, accounting for 99.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Mongolia in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

Wood in the rough imports to Mongolia declined for the third consecutive year. In 2020, imports were recorded at 15,675 US dollars, marking a substantial year-over-year decrease of 37.5%. Over the 2017-2020 period, imports fell by 74.6%, with a compound annual growth rate of -36.6%.

Annual dynamics of product's imports to Mongolia in value, 2017-2020, $ US