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Mongolia
  • Imports from Mongolia A$0.8 million
  • Exports to Mongolia A$34.6 million
  • Capital Ulaanbaatar
  • Official Language Halh Mongol
  • Surface Area 1,567,000 sq km
  • Population 2.8 million

Market profile

Latest news

Latest from Austrade
Australia set to benefit from rising consumption in Asia
29 May 2013
Australia is well-placed to benefit from the region’s rising consumption, according to Australia’s Parliamentary Secretary for Trade, the Honourable Kelvin Thomson.
Media releases
Preparing for the Asian Century (Ministerial)
14 May 2013
The Gillard Government is providing an additional $84.6 million over four years to Australian universities, some of which will give students more opportunity to study an Asian language.
Media releases
Austrade briefs Parliamentarians on Asian Century opportunities (Parliamentary Secretary for Trade)
18 Mar 2013
Parliamentary Secretary for Trade, the Hon Kelvin Thomson MP, today hosted an information session for Senators and Members with Austrade's Asia-based Trade Commissioners.
Media releases
Government opens Asian Century business grants (Ministerial)
1 Mar 2013
The Gillard Government today took another step in helping business capitalise on opportunities in Asia by calling on expressions of interests in the $6 million Asian Century Business Engagement Plan.

Doing business

Mongolians are proud, independent, self-confident, and loyal in disposition. It is preferable to have someone introduce you to the person you wish to meet, but if this is not possible, then write a formal letter or email in English in advance of your planned visit.

More information on doing business in Mongolia

Country Profile

Content supplied by Department of Foreign Affairs and Trade

  • ECONOMIC CLIMATE
    The biggest opportunity in the future for the Mongolian economy is in the expansion of the mining and resources sector.
    » read more at DFAT
  • POLITICAL CLIMATE
    Mongolia held its first democratic elections in 1990 after 70 years of Soviet-style single-party rule. Executive power is shared by the Parliament and the President.
    » read more at DFAT
  • TRADE RELATIONS
    Australia and Mongolia relations to date to date has been on development assistance and commercial activities in Mongolia's resources sector.
    » read more at DFAT

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OECD Guidelines for Multinational Enterprises

Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.

Extractive Industries Transparency Initiative

The Extractive Industries Transparency Initiative (EITI) is a voluntary mechanism which promotes and supports improved governance in resource-rich countries through the full publication and verification of company payments and government revenues from oil, gas, and mining.

The EITI is supported by governments, industry, and non-government organisations around the world. The Australian Government supports the EITI and encourages Australian companies operating internationally to comply with its recommendations.

  • International Readiness Indicator

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    Austrade's International Readiness Indicator is an online tool to help Australian businesses determine whether they are ready for exporting.

    International Readiness Indicator

  • How Austrade can help

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    Assistance from Austrade

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