Open Travel Guide
Shopping in Mongolia

Mongolia Shopping Guide 2026

Shopping Mongolia: the markets, districts, and souvenirs that are actually worth suitcase space.

Mongolia has 5+ markets and shopping districts covered in this guide, led by Narantuul Market (Black Market), State Department Store and Tsagaankhad Market. Each entry below includes the practical details — what it costs, when to go, and how to plan around it.

Mongolia, the Land of the Eternal Blue Sky, offers vast steppes, the Gobi Desert, and nomadic culture unchanged for centuries. Experience horseback riding across endless grasslands, stay in traditional gers, and witness the ancient traditions of eagle hunting and throat singing.

Best souvenirs

Authentic items worth bringing home.

Souvenir

Cashmere Sweater

Mongolia produces some of the world's finest cashmere from Mongolian goats. Sweaters, scarves, and shawls are lightweight, incredibly warm, and excellent quality.

Price: $30-150

Where: State Department Store, Mary and Martha Mongolia, Gobi Cashmere Shop

Souvenir

Felt Slippers and Hats

Handmade felt items are a traditional Mongolian craft. Colorful slippers, hats, and decorative pieces make practical and unique souvenirs.

Price: $10-40

Where: Narantuul Market, Mary and Martha Mongolia

Souvenir

Deel (Traditional Robe)

The deel is Mongolia's traditional garment worn by nomads for centuries. Made from silk or cotton with intricate embroidery, it's both a practical garment and cultural artifact.

Price: $50-200

Where: State Department Store, Narantuul Market

Souvenir

Horse Head Fiddle (Morin Khuur) Replica

Mongolia's national instrument, the horse head fiddle, makes a unique decorative souvenir. Small decorative replicas are widely available at gift shops.

Price: $15-80

Where: Souvenir shops near Sükhbaatar Square, Chinggis Khaan Museum shop

Souvenir

Silver Mongolian Jewelry

Traditional Mongolian silver jewelry features intricate patterns inspired by nature and nomadic life. Rings, bracelets, and earrings with turquoise and coral are popular.

Price: $20-150

Where: Narantuul Market, artisan shops near Gandantegchinlen Monastery

Souvenir

Aaruul (Dried Curd)

Traditional Mongolian dried cheese made from fermented milk. A healthy, protein-rich snack that lasts for months and offers an authentic taste of nomadic cuisine.

Price: $3-10

Where: Narantuul Market, local supermarkets

Souvenir

Thangka Buddhist Paintings

Traditional Buddhist scroll paintings depicting deities and mandalas. Produced by skilled artisans and blessed by monks, these are meaningful spiritual souvenirs.

Price: $50-500

Where: Shops near Gandantegchinlen Monastery, art galleries on Seoul Street

Souvenir

Mongolian Leather Items

Handcrafted leather wallets, belts, and bags featuring traditional Mongolian patterns. Made from sturdy local leather with excellent craftsmanship.

Price: $15-80

Where: Narantuul Market, State Department Store

Traditional markets

Where locals shop and travellers find treasures.

Market

Narantuul Market (Black Market)

Mongolia's largest outdoor market selling everything from cashmere and traditional clothing to electronics and second-hand goods. An authentic, chaotic experience representing everyday Mongolian commerce. Bargaining is expected.

Where: East of city center, Bayanzurkh District, Ulaanbaatar

Hours: 8:00 AM - 6:00 PM (closed Mondays)

Market

State Department Store

Ulaanbaatar's premier multi-floor department store with a dedicated handicraft and souvenir section in the basement. Fixed prices and reputable quality make it ideal for hassle-free shopping.

Where: Peace Avenue, Sükhbaatar District, Ulaanbaatar

Hours: 9:00 AM - 9:00 PM daily

Market

Tsagaankhad Market

A large local wholesale and retail market selling fresh produce, dairy products, and household goods. Excellent for experiencing everyday Mongolian market life away from tourist areas.

Where: Bayanzurkh District, Ulaanbaatar

Hours: 7:00 AM - 5:00 PM daily

Market

Gobi Cashmere Factory Outlet

Mongolia's largest cashmere producer's direct outlet offering high-quality cashmere products at factory prices. Wide selection of sweaters, scarves, blankets, and accessories.

Where: Peace Avenue, Ulaanbaatar

Hours: 9:00 AM - 8:00 PM daily

Market

Mary and Martha Mongolia

Fair-trade certified shop selling handmade crafts by Mongolian artisans. Proceeds support vulnerable communities. Excellent for unique, ethically-sourced souvenirs including felt items, jewelry, and textiles.

Where: Seoul Street, Sükhbaatar District, Ulaanbaatar

Hours: 10:00 AM - 7:00 PM Monday-Saturday

Shopping districts

Neighbourhoods known for retail.

Shopping district

Peace Avenue (Enkhtaivny Örgön Chölöö)

Ulaanbaatar's main shopping boulevard stretching through the city center. Houses major stores, the State Department Store, restaurants, and modern shopping centers. Best for mainstream shopping and people-watching.

Best for: Everyday shopping, department stores, international brands

Shopping district

Seoul Street Area

A trendy area near Sükhbaatar Square with boutique shops, art galleries, craft stores, and cafés. Popular with younger Mongolians and expats for independent shopping and unique finds.

Best for: Unique crafts, art galleries, boutique fashion, specialty coffee

Shopping district

Zaisan District

An upscale residential area south of the city with modern shopping facilities, international restaurants, and specialty stores. More relaxed atmosphere than central Ulaanbaatar.

Best for: Supermarkets, restaurants, casual shopping

Shopping district

Bayanzurkh District Market Area

The area around Narantuul Market offers the most authentic local shopping experience. Multiple smaller markets, street vendors, and wholesale suppliers surround the main market.

Best for: Local goods, traditional items, bargain hunting

Malls & modern shopping

Air-conditioned, international brands, and food courts.

Mall

Shangri-La Mall

Ulaanbaatar's most upscale shopping mall located at the base of the Shangri-La Hotel. Features international luxury brands, a food court, cinema, and modern facilities. Popular with affluent Mongolians and business travelers.

Hours: 10:00 AM - 9:00 PM daily

Mall

Ulaanbaatar City Center Mall

Central multi-story mall near Sükhbaatar Square with a mix of local and international brands, electronics, food court, and entertainment. One of the most visited malls in the capital.

Hours: 10:00 AM - 9:00 PM daily

Mall

Nomiin Tsagaan Mall

Large modern shopping center on Peace Avenue popular with locals for fashion, electronics, and everyday goods. Has a supermarket on the ground floor and multiple dining options.

Hours: 9:00 AM - 9:00 PM daily

Mall

Gazar Mall

Modern shopping complex in the Sükhbaatar District featuring clothing stores, a food court, beauty salons, and a large supermarket. Family-friendly with children's play areas.

Hours: 10:00 AM - 9:00 PM daily

Bargaining tips

Negotiate like a local.

Tip

Bargaining is expected at Narantuul Market and street vendors — start at 50-60% of the asking price

Tip

Fixed prices are the norm at the State Department Store, Gobi Cashmere outlet, and modern malls

Tip

Bring tugrik (MNT) cash as many market vendors prefer local currency over cards

Tip

For cashmere, check the quality by stretching and feeling the fiber — genuine cashmere is extremely soft

Tip

Don't show too much enthusiasm for an item before negotiating — feign mild interest

Tip

Buying multiple items from the same vendor often yields better discounts than single purchases

Customs & restrictions

What you can and can't take home.

Important

Restrictions: Antiques, religious artifacts, and items of cultural significance require export permits. Fossils and paleontological items cannot be exported without authorization. Wildlife products and protected animal goods are strictly banned.

Tax Refund: Mongolia has a VAT of 10%. Tax refund not widely available for tourists at this time — check current regulations with your hotel or tour operator.

Duty Free: Travelers may import up to 3 liters of alcohol, 200 cigarettes, and personal goods without duty. Declare cash over $4,370 USD at customs.

Shipping: DHL and FedEx operate in Ulaanbaatar for international shipping. Mongolia Post handles regular international parcels but timelines vary. Many cashmere shops offer shipping services.