A country with space to think bigger.
Mongolia is a landlocked country between China and Russia. Its steppe, mountain and desert landscapes span approximately 1.56 million square kilometres.
For businesses, geography matters. Distances, transport routes and the concentration of activity in Ulaanbaatar should shape your market entry plan.
Understand the business environment
People, place and a changing market.
World Bank data records a population of 3,568,978 in 2025. Mongolia’s capital is the main starting point for many businesses exploring customers, professional services and local partnerships.
Mongolia combines a democratic political system with a resource-based economy. Mining, livestock and cashmere remain important reference points when understanding its commercial landscape.
Connected to its neighbours and the wider world.
Mongolia joined the World Trade Organization on 29 January 1997. Its location makes trade routes through China and Russia important considerations for goods, equipment and supply chains.
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