蒙古证交所20指数 (MSETOP20) 加自选

2025年第二季度，蒙古国内生产总值增长5.6%，高于前三个月2.4%的增长率。这标志着自去年第二季度以来最强劲的经济增长，主要得益于农业部门的强劲表现（第一季度为3.6%，第一季度为1%）。此外，工业和建筑业的产量增长（1%对0.4%），主要是建筑业。另一方面，服务业产出放缓（0.7%对1.2%），批发和零售（-0.7%对-0.6%）和运输（-0.6%对-1.2%）继续下降，而其他服务业增长放缓（1.4%对2.4%）。经季节性调整的季度数据显示，该国经济在第二季度增长了1.6%，而前一季度增长了0.4%。

The gross domestic product of Mongolia expanded by 5.6% in the second quarter of 2025, accelerating from a 2.4% growth in the previous three-month period. This marked the strongest economic growth since the second quarter of last year, mainly driven by a strong performance in the agricultural sector (3.6% vs 1% in Q1). Additionally, production rose for industry and construction sectors (1% vs 0.4%), primarily in construction. On the other hand, output in services moderated (0.7% vs 1.2%), as wholesale and retail (-0.7% vs -0.6%) and transportation (-0.6% vs -1.2%) continued to decline, while other services slowed (1.4% vs 2.4%). On a seasonally adjusted quarterly basis, the country’s economy grew by 1.6% in Q2, following a 0.4% expansion in the preceding period.

2025年7月，蒙古的贸易顺差从去年同期的3.456亿美元收窄至2.157亿美元，原因是出口下降速度远快于进口。出口同比下降15.1%，至11.71亿美元，而进口下降7.6%，至9.55亿美元。1月至7月，贸易顺差从一年前的28.567亿美元降至12.708亿美元。出口从77.515亿美元降至92.686亿美元，同比下降16.4%，主要原因是煤炭、洗涤羊绒、原油、绵羊和山羊肉以及铁矿石和精矿的销售。中国仍然是蒙古最大的出口市场，占蒙古出境货物的91.9%。与此同时，进口增长1.1%，达到6480.8美元，主要是由于乘用车、汽车零部件和酒精饮料的购买量增加。在贸易伙伴中，中国占进口份额最大（38.7%），其次是俄罗斯（23.6%）和日本（12.3%）。

Mongolia’s trade surplus narrowed to USD 215.7 million in July 2025 from USD 345.6 million in the same month of the previous year, as exports fell much faster than imports. Exports declined by 15.1% year-on-year to USD 1,171 million while imports fell at a softer 7.6% to USD 955 million. For the January-July period, the trade surplus shrank to USD 1,270.8 million from USD 2,856.7 million a year earlier. Exports declined by 16.4% from a year earlier to USD 9,268.6 million from USD 7,751.5 million, driven by sales of coal, washed cashmere, crude petroleum oils, sheep and goat meat, and iron ores and concentrates. China remained Mongolia’s largest export market, accounting for 91.9% outbound shipments. Meanwhile, imports rose by 1.1% to USD 6,480.8, mainly due to higher purchases of passenger cars, spare parts for vehicles, and alcoholic beverages. Among trading partners, China accounted for the largest share of imports (38.7%), followed by Russia (23.6%), and Japan (12.3%).

蒙古国的年通货膨胀率从前一个月的8.2%降至2025年7月的8.1%。这是自2024年11月以来的最低水平，因为住房和公用事业（19.9%对6月的21%）、交通（2.9%对4.3%）、家具、家用设备和工具（6.3%对6.5%）、娱乐和文化（6%对6.2%）、餐馆和酒店（12%对12.1%）以及杂项商品和服务（10%对10.7%）的价格有所放缓。另一方面，食品和非酒精饮料（6.4%对5.6%）、酒精饮料和烟草（4.3%对3.7%）、健康（5.2%对5.1%）和通信（0.8%对0%）的成本增长速度更快。此外，服装和鞋类（9.1%）、教育（18.2%）以及保险和金融服务（15.3%）的价格保持稳定。按月计算，7月份消费者价格停滞不前，而前一个月上涨了0.2%。

The annual inflation rate in Mongolia edged down to 8.1% in July 2025 from 8.2% in the previous month. This marked the lowest reading since November 2024, as prices moderated for housing and utilities (19.9% vs 21% in June), transport (2.9% vs 4.3%), furnishings, household equipment and tools (6.3% vs 6.5%), recreation and culture (6% vs 6.2%), restaurants and hotels (12% vs 12.1%), and miscellaneous goods and services (10% vs 10.7%). On the other hand, costs increased at a faster pace for food and non-alcoholic beverages (6.4% vs 5.6%), alcoholic beverages and tobacco (4.3% vs 3.7%), health (5.2% vs 5.1%), and communication (0.8% vs 0%). Additionally, prices were stable for clothing and footwear (9.1%), education (18.2%), and insurance and financial services (15.3%). On a monthly basis, consumer prices stalled in July, compared to a 0.2% increase in the previous month.

2025年6月，蒙古的贸易顺差从去年同期的5.488亿美元大幅收窄至1.948亿美元。出口同比下降22.8%，至11.83亿美元，而进口增长0.5%，至9.88亿美元。1月至6月，贸易顺差从一年前的25.111亿美元降至10.532亿美元。出口同比下降16.6%，至6581.4美元，主要受煤炭、洗羊绒、原油、绵羊和山羊肉、铁矿石和精矿销售的推动。中国仍然是蒙古的最大出口市场，占出口量的91.7%，煤炭、铜矿石和精矿（44%）占出口的大部分。与此同时，进口额增长2.8%，达到55.282亿美元，主要是由于乘用车、汽车零部件、手机和酒精饮料的购买量增加。中国占进口的最大份额（38.3%），其次是俄罗斯（23.6%）和日本（12.7%）。

Mongolia’s trade surplus narrowed sharply to USD 194.8 million in June 2025 from USD 548.8 million in the same month of the previous year. Exports plunged by 22.8% year-on-year to USD 1,183 million, while imports rose by 0.5% to USD 988 million. For the January to June period, the trade surplus contracted to USD 1,053.2 million from USD 2,511.1 million a year earlier. Exports dropped by 16.6% from a year earlier to USD 6,581.4, driven by sales of coal, washed cashmere, crude oil, sheep and goat meat, and iron ore and concentrates. China remained Mongolia’s top export market, accounting for 91.7% of outbound shipments, with coal and copper ores and concentrates (44%) making up the bulk of exports. Meanwhile, imports rose by 2.8% to USD 5,528.2 million, mainly due to higher purchases of passenger cars, vehicle spare parts and components, mobile phones, and alcoholic beverages. China accounted for the largest share of imports (38.3%), followed by Russia (23.6%), and Japan (12.7%).