Importing and Exporting to Mongolia

Trade Landscape in Mongolia

Mongolia is becoming a hub for cloud-computing data centers, with the country having the necessary skills and IT talents for tech investments. Its cold climate offers natural cooling for data infrastructure, and its various reforms, including tax incentives, encourage trade within the country.

Mongolia is also strategically located within Southeast Asia, bordering two economic giants, Russia and China. It is also part of the World Trade Organisation, promoting trade facilitation and various free trade agreements, including the EU-Mongolia Partnership and Cooperation Agreement (PCA), easing trade between Mongolia and the EU.

Population

3.5M

Biggest Industry by Export

Minerals and Metals

Capital City

Ulaanbaatar

Biggest Industry by Import

Mineral Fuels

Pain Points for Imports to Mongolia

Logistical Hurdles

Mongolia faces logistical hurdles due to its landlocked status, often leading to bottlenecks and congestion. This leads to a significant dependence on China or Russia, which come with their own set of regulations and challenges. TecEx knows the ins and outs of navigating not only trade into Mongolia, but also China and Russia, and is able to provide a comprehensive solution to get your goods into Mongolia in the most effective and efficient way.

Revaluations

Tech goods are prone to revaluation by customs upon arrival in Mongolia. This means that the declared value of goods may be reassessed to ensure compliance with local Mongolian import regulations. If customs officials find any documentation that is inaccurate or valued incorrectly, additional fines will occur, along with shipment delays. This makes it crucial that all valuations are accurate and in order.

Countries Associated with Mongolia

Asia

China

Europe

Russia

Asia

Japan

How TecEx Gets Your Goods Through Mongolian Customs

TecEx has vast experience dealing with exports from and imports to Mongolia. Our Delivered Duty Paid (DDP) solution makes cross-border movement safe and secure, protecting you and caring for all the fees involved. We provide a specialised solution to meet your specific import needs to Mongolia. Through our solutions, our team of experts ensures that your goods seamlessly pass through customs.

Specific Documentation for Imports to Mongolia

Certificate of Origin (COO) for Exports from Mongolia

A Certificate of Origin (COO) is required for all goods manufactured in Mongolia. This certificate indicates where the goods are coming from to determine tariff rates. Failing to meet COO requirements will result in financial penalties and significant delays. Let TecEx gather your COO and ensure compliance with other import documents into Mongolia to ensure goods enter customs smoothly.

Purchase Order (PO)

A purchase order is needed for all imports to Mongolia. This document specifies the purchase transaction details, including information on the quantity of goods, the price, and the terms under which the goods were agreed upon. Therefore, this document is crucial, and accuracy is critical for goods to clear through customs. TecEx will get all the necessary information required for a purchase order document, ensuring complete accuracy for Mongolian customs.

Additional Mandatory Documentation

Further standard documentation is needed for all tech imports to Mongolia, including a Commercial Invoice, a Packing List, and a Bill of Lading. Additional documents may also be required depending on the product type. TecEx will take full responsibility for obtaining these documents and getting your tech goods to their end destination in Mongolia.

Your Global Trade Solution For Mongolia

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Importing to Mongolia