Mongolia's iron ore exports rose year on year in the first seven months of 2026, with China remaining the sole destination.

Exports totaled 5.16 million tonnes (Mt) during January-July, up 10.27% from the same period last year, according to the latest data from Mongolian Customs General Administration (MCGA).

Export value reached $365 million in the first seven months, up 9.70% year on year, with an average price of $70.64/t, down $0.37/t from a year earlier.

The customs agency did not provide monthly breakdowns. Based on historical data, Sxcoal calculated that July exports stood at 806,900 tonnes, down 2.18% year on year and 2.42% from the previous month.

July export value was $56.77 million, up 0.22% year on year but down 5.88% month on month. The average export price was $70.35/t, up $1.68/t from a year earlier but down $2.59/t from June.