Mongolia Oil

Production (2025)#85 World

13,672b/d−4.9% YoY

Consumption (2024)#107 World

48,220b/d+2.5% YoY

Daily Deficit (2024)

−33,845b/d

Production covers 29.8% of consumption.

Consumption

Production

Deficit

Oil Reserves in Mongolia

No proven oil reserves is reported for Mongolia.

Oil Production in Mongolia

Mongolia produced 13,672 barrels per day of oil and petroleum liquids in 2025 (#85 in the world), a decrease of 4.9% from 14,375 barrels per day in 2024.
Of that, 13,672 barrels per day was crude oil in 2025.
And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Mongolia

Mongolia consumed 48,220 barrels per day of oil and petroleum products in 2024 (#107 in the world), an increase of 2.5% from 2023. This represents 0.05% of the world's total oil consumption.
Per capita, oil consumption in Mongolia averaged 0.58 us gallons per day in 2024 (#103 in the world).
The largest refined-product categories were Distillate Fuel Oil (58.5%), Motor Gasoline (36.3%), and Jet Fuel (5.1%).

(Historical) Oil Imports & Exports in Mongolia

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in Mongolia

In 2024, Mongolia produced approximately 14,375 barrels per day of oil and consumed 48,220 barrels per day , a deficit of 33,845 barrels per day.

Mongolia Oil History (1973-2025)

	Reserves			Production				Consumption					Crude Oil Trade (Historical)

2025	—	—	—	13,672	−4.9%	85	0.01%	—	—	—	—	—	—	—	—
2024	—	—	—	14,375	−4.9%	82	0.01%	48,220	+2.5%	106	0.05%	0.58	—	—	—
2023	—	—	—	15,112	−4.9%	80	0.01%	47,038	+25%	108	0.05%	0.58	—	—	—
2022	—	—	—	15,888	−4.9%	81	0.02%	37,624	+9.9%	116	0.04%	0.47	—	—	—
2021	—	—	—	16,703	−4.9%	80	0.02%	34,226	−2.6%	119	0.04%	0.43	—	—	—
2020	—	—	—	17,562	−4.9%	79	0.02%	35,155	−1.8%	115	0.04%	0.45	—	—	—
2019	—	—	—	18,463	−4.9%	80	0.02%	35,805	+25.8%	116	0.04%	0.47	—	—	—
2018	—	—	—	19,409	−3%	75	0.02%	28,452	+6%	127	0.03%	0.38	0	14,650	−14,650
2017	—	—	—	20,000	−14.6%	74	0.02%	26,852	+27.4%	127	0.03%	0.36	0	20,580	−20,580
2016	—	—	—	23,426	+1.1%	74	0.02%	21,074	−12.5%	135	0.02%	0.29	0	21,900	−21,900
2015	—	—	—	23,177	+14.2%	76	0.02%	24,074	−1.3%	128	0.03%	0.34	0	22,280	−22,280
2014	—	—	—	20,288	+44.4%	79	0.02%	24,381	−4.8%	126	0.03%	0.35	0	18,860	−18,860
2013	—	—	—	14,051	+41.4%	86	0.02%	25,621	+4.2%	124	0.03%	0.38	0	14,360	−14,360
2012	—	—	—	9,934.5	+42.3%	92	0.01%	24,599	+14%	123	0.03%	0.37	0	9,780	−9,780
2011	—	—	—	6,983.3	+16.9%	95	0.01%	21,586	+24.4%	126	0.02%	0.33	0	7,000	−7,000
2010	—	—	—	5,976	+16.7%	95	0.01%	17,356	+5%	132	0.02%	0.27	0	5,680	−5,680
2009	—	—	—	5,123	+59.7%	96	0.01%	16,525	−9%	135	0.02%	0.26	0	5,320	−5,320
2008	—	—	—	3,208	+38.3%	101	< 0.01%	18,155	+6.4%	128	0.02%	0.29	0	2,900	−2,900
2007	—	—	—	2,320	+123.1%	103	< 0.01%	17,067	+22.9%	129	0.02%	0.27	0	2,220	−2,220
2006	—	—	—	1,040	+92.6%	105	< 0.01%	13,882	+15.3%	142	0.02%	0.23	0	920	−920
2005	—	—	—	540	−9.7%	106	< 0.01%	12,040	−2%	145	0.01%	0.2	0	540	−540
2004	—	—	—	598	+19.6%	105	< 0.01%	12,288	+9.3%	141	0.01%	0.2	0	600	−600
2003	—	—	—	500	+31.6%	101	< 0.01%	11,245	+8.5%	142	0.01%	0.19	0	500	−500
2002	—	—	—	380	+90%	100	< 0.01%	10,360	+7.7%	143	0.01%	0.17	0	380	−380
2001	—	—	—	200	+11.1%	100	< 0.01%	9,615.1	+1.7%	147	0.01%	0.16	0	200	−200
2000	—	—	—	180	—	102	< 0.01%	9,456.8	+8.4%	147	0.01%	0.16	0	180	−180
1999	—	—	—	0	—	—	—	8,721.7	+3.6%	143	0.01%	0.15	0	200	−200
1998	—	—	—	0	—	—	—	8,421.7	+6.3%	148	0.01%	0.15	0	0	0
1997	0	—	—	0	—	—	—	7,919.2	−32.9%	146	0.01%	0.14	0	0	0
1996	0	—	—	0	—	—	—	11,800	+3.5%	131	0.02%	0.21	0	0	0
1995	0	—	—	0	—	—	—	11,400	−13%	132	0.02%	0.2	0	0	0
1994	0	—	—	0	—	—	—	13,100	+3.1%	128	0.02%	0.24	0	0	0
1993	0	—	—	0	—	—	—	12,700	−4.5%	132	0.02%	0.23	0	0	0
1992	0	—	—	0	—	—	—	13,300	−9.5%	127	0.02%	0.25	0	0	0
1991	0	—	—	0	—	—	—	14,700	−6.4%	101	0.02%	0.28	0	0	0
1990	0	—	—	0	—	—	—	15,700	−6%	98	0.02%	0.3	0	0	0
1989	0	—	—	0	—	—	—	16,700	−3.5%	95	0.03%	0.33	0	0	0
1988	0	—	—	0	—	—	—	17,300	+3%	92	0.03%	0.35	0	0	0
1987	0	—	—	0	—	—	—	16,800	+1.2%	93	0.03%	0.35	0	0	0
1986	0	—	—	0	—	—	—	16,600	+3.8%	91	0.03%	0.35	0	0	0
1985	0	—	—	0	—	—	—	16,000	+6.7%	91	0.03%	0.35	0	0	0
1984	0	—	—	0	—	—	—	15,000	+7.1%	94	0.03%	0.34	0	0	0
1983	0	—	—	0	—	—	—	14,000	+0%	98	0.02%	0.32	0	0	0
1982	0	—	—	0	—	—	—	14,000	+16.7%	96	0.02%	0.33	0	0	0
1981	0	—	—	0	—	—	—	12,000	+0%	101	0.02%	0.29	0	0	0
1980	0	—	—	0	—	—	—	12,000	—	104	0.02%	0.3	0	0	0

Sources

U.S. Energy Information Administration (EIA), International Energy Statistics.
Oil & Gas Journal

Data topics

Reference

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