MONGOLIA
1. General information: language, time difference, currency, import volume, popular messenger, popular social network, port of delivery
Capital- Ulaanbaatar.
Language: Mongolian
Currency: Mongolian Tughrik
Time difference: (-1)
Import Volume: 36,919 unit per year (2019)
Popular messenger: Facebook messenger
Social network: Facebook-94%
Port of delivery: Ulaanbaatar
2. Useful web sites with information
https://info.japanesecartrade.com/content-item/83-mongolia-import-regulation-for-japan-used-cars
https://www.auctionhousejapan.jp/Mongolia/import-regulations/
3. Local used car sales web site (for leads collection)
https://www.unegui.mn/avto-mashin/achaanyi-mashin-avtobus-hnd-mehanizm/achaany-mashin/
https://www.japanesecartrade.com/japan_car_importers.php?country=mongolia
4. Main competitors
AUTOCOM JAPAN (office in Mongolia, cars in the way to Mongolia https://autocj.co.jp/used_cars?log=1&cnt=151&scnt=1&sno=99
SBT JAPAN (office in Mongolia)
NIKYO (office in Mongolia)
JEMEX
BEFORFARD JAPAN (partner office in Mongolia "1000 mashin" https://1000mashin.mn/
PRIMAUTOS JAPAN
!Payment terms of above companies: 50%-50%, for big customers 30%-70%
5. Import: year, certification, documents required
Manufacture year is not important, but for cars older than 9 years the customs tax is too expensive.
Certification in Japan is not required.
Documents:
BL,invoice (usually undervalue), original export certificate.
6.Shipping companies list, vessels list, delivery cost, shipping method
RO/RO and container delivery are available from Japan to Mongolia. Container shipping is preferable, since in case of ro/ro shipping many people involved and some parts of vehicle could be missed.
Logistics company: SYNC LOGISTICS https://www.sync-logi.com/
Contact information:
Zavimunkh Munkhbayar
+81-80-3370-1687
Freight, 40 FHC- Yokohama/ Kobe/ Nagoya/ Hakata - Ulaanbaator- $3,200 USD
Freight, 40 FHC- Toyama- Ulaanbaator- $3,700 USD
Vanning should be from 5 units, Mongolians disagree to load 4 units in one container.
Transit time:
Japan- Xingang (Tianjin), China- 5 days (ship)
Xingang (Tianjin)-Zamyn Uud- 7 days (Chinese railways)
Zamyn Uud- Ulaanbatar- 2 days (Mongolian railways)
8. Financial institutions, credit companies
Banks that provide vehicles credits:
XAC Bank www.xacbank.mn
CAPITRON Bank www.capitronbank.mn
9. Local customs clearance procedure and the list of local brokers
Mongolian Customs web site: http://www.customs.gov.mn/en/k2-items/2014-03-25-01-12-56
Import tax formula: Excise Duty + Customs Duty + VAT
CUSTOMS DUTY is 5% of invoice value
VAT (value added tax-13%)- is 13% of CIF price
Other fees:
US$5 for basic declaration
US$8 for basic intensive and simplified customs declaration
US$5 for every additional declaration.
Payments for the charged services are to be made in MNT at the US Dollar rate of the day.
10. Business proposal
https://sales05441.wixsite.com/mysite/
11. Popular units
Hybrids
Toyota Prius
Land cruiser
hiace van
Nissan caravan
toyota wish
toyota aqua
nissan march