According to the latest data released by the National Statistics Office, Mongolia’s industrial sector recorded total production of 27.1 trillion MNT in the first eight months of 2025, according to preliminary data, down 1.7 trillion MNT or 5.8 percent from the same period a year earlier. The decline was largely driven by weaker performance in mining and quarrying, which fell 2.4 trillion MNT or 10.7 percent year-on-year.
Production in the mining and quarrying sector amounted to 20.4 trillion MNT, reflecting sharp decreases in hard coal and lignite mining, which contracted by 4.8 trillion MNT or 32.9 percent, and in oil extraction, which dropped 105.1 billion MNT or 13.6 percent. While the output of commodities such as iron ore concentrate, zinc concentrate, fluorspar, and copper concentrate increased by between 10.5 and 77.4 percent, declines were recorded in lignite, hard coal, crude oil, unrefined gold, and silver concentrate, which fell by between 9.7 and 34.7 percent compared with the previous year.
In the manufacturing sector, production of liquid milk, flour, cement, lime, cathode copper, and combed cashmere rose strongly, with gains ranging from 5.3 to 93.9 percent. However, output of other key goods, including beverages, meat products, alcohol, knitwear, cigarettes, and charcoal briquettes, decreased by between 2.6 and 29.6 percent.
Despite the contraction in overall production, sales of industrial products reached 34 trillion MNT in the first eight months of the year, up 106.2 billion MNT or 0.3 percent from a year earlier. The rise was supported by an increase of 706.1 billion MNT or 13.1 percent in manufacturing sales, as well as a 1.0 trillion MNT or 3.9 percent increase in mining and extractive industry sales. This growth was largely attributed to higher sales of metal ore, which rose 5.9 trillion MNT or 63.1 percent, and mining support activities, which increased by 55.7 billion MNT or 19.4 percent.
Foreign market sales totaled 23.6 trillion MNT, of which 22.7 trillion MNT came from the mining and extractive sector. Coal accounted for 37.5 percent of those exports, metal ore for 58.1 percent, oil for 2.8 percent, and other minerals for 1.6 percent.
The industrial production index, adjusted for seasonality, stood at 275.8 in August 2025 (2015=100), representing a 2.5 percent decline compared to the same month last year.

Published Date:2025-09-22