Narantuul Market: Ulaanbaatar’s Famous “Black Market”
- Jun 7, 2018
- 4 min read
Updated: Jul 20
Narantuul Market: Exploring the Bustling Heart of Ulaanbaatar's Famous Black Market
Narantuul Market is the largest open-air market in Ulaanbaatar — and despite its “Black Market” nickname, nothing illicit is implied: the name refers to its vast, bargain-priced offerings, from traditional Mongolian clothing to electronics. Shop it safely by carrying small cash, keeping valuables in an inner pocket and comparing prices at 3–4 stalls before buying.
If you're looking for affordable souvenirs and clothing, Narantuul Market is an excellent choice. However, be aware of the risk of pickpocketing and potentially overpaying. To mitigate these risks, it's advisable to leave your expensive belongings in your hotel or securely store them in an inner pocket. When planning to make a purchase, it's a good strategy to compare prices at 3 or 4 different stalls to get an idea of the going rate. Also, it's wise to carry only a small amount of cash in hand for transactions.
Importantly, ensure you exchange your money before visiting the market. A recommended place for currency exchange is Naiman Sharga, known for offering better rates. This can enhance your shopping experience by giving you more value for your money.
If you feel uncertain about managing these aspects on your own, don't hesitate to ask us for assistance. We're here to help make your visit to Narantuul Market as enjoyable and hassle-free as possible.
More about Narantuul Market

Narantuul Market, often referred to as the "Black Market" of Ulaanbaatar, Mongolia, is a vibrant and bustling hub of commerce and culture. This sprawling market is not only a shopping destination but a vivid representation of Mongolian life and society. In this blog, we'll dive into the lively atmosphere of Narantuul, exploring what makes it a must-visit for anyone traveling to Mongolia's capital.

The Essence of Narantuul Market
Narantuul Market is the largest open-air market in Ulaanbaatar and arguably in Mongolia. It's a place where you can find almost anything, from traditional Mongolian attire and household items to electronics and souvenirs. The market's informal name, "Black Market," doesn't denote anything illicit; instead, it reflects the market's vast and varied offerings, often at bargain prices.
A Shopper's Paradise

Traditional Mongolian Goods
One of the main attractions of Narantuul is its extensive range of traditional Mongolian goods. Visitors can find beautifully crafted deels (traditional Mongolian clothing), Mongolian boots, and a variety of hand-made accessories. These items not only serve as wonderful souvenirs but also offer a glimpse into the rich cultural heritage of Mongolia.
Everyday Items and Curiosities
Beyond traditional goods, Narantuul is a treasure trove of everyday items. From kitchenware to hardware, clothing to cosmetics, the market caters to all needs and budgets. The sheer variety of goods available makes it an exciting place for both locals and tourists to explore.
The Cultural Experience
Visiting Narantuul is more than just a shopping trip; it's an immersive cultural experience. The market is a microcosm of Mongolian society, bustling with local vendors, artisans, and shoppers. It's a place where you can observe the daily life of Mongolians, listen to the local language, and experience the vibrant energy of Ulaanbaatar.
Food and Delicacies
No visit to Narantuul is complete without indulging in some local cuisine. The market is dotted with food stalls and small eateries serving Mongolian delicacies. From hearty meat dishes to freshly baked goods, there's a plethora of options to satisfy your taste buds.
Tips for Visiting Narantuul Market

Timing Your Visit
The market is usually open every day except for public holidays. It's best to visit in the morning when the market is less crowded, and the full range of products is available.
Bargaining and Shopping
Bargaining is a common practice at Narantuul, so don't hesitate to negotiate prices. However, it's important to do so respectfully. Also, be mindful of your belongings, as crowded markets can attract pickpockets.
Respect the Culture
While exploring, remember to be respectful of the local culture and traditions. Ask for permission before taking photos of people or their stalls. Narantuul Market is not just a shopping destination; it's a vibrant cultural experience that offers a unique window into Mongolian life. Whether you're searching for traditional crafts, tasting local foods, or simply soaking in the lively atmosphere, Narantuul promises an unforgettable adventure in the heart of Ulaanbaatar. So, when in Mongolia, make sure to add this fascinating market to your itinerary and discover the hidden gems of this extraordinary place.
Frequently Asked Questions
Why is Narantuul called the Black Market?
The nickname reflects the market’s huge informal variety and bargain prices, not illegal trade. It has long been the place where locals buy everything from ger furnishings and horse saddles to winter boots and souvenirs.
Is Narantuul Market safe?
Generally yes, but pickpocketing is the main risk in the crowds. Leave expensive items at your hotel, keep cash in an inner pocket, and exchange money before you arrive — carrying just what you plan to spend.
What should you buy at Narantuul?
Traditional Mongolian attire (deel robes, boots and hats), camel-wool and cashmere goods, horse tack, and inexpensive souvenirs. Compare a few stalls first — prices vary and friendly haggling is expected.
Spending time in the capital? See our guide to destinations around Ulaanbaatar, or add city time to one of our Mongolia tours.







