Mongolia’s foreign trade rises to USD 5.58 billion - News.MN

Mongolia’s foreign trade rises to USD 5.58 billion

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2019/12/12

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Mongolia’s foreign trade rises to USD 5.58 billion

In the first five months of 2019, Mongolia’s foreign trade rose 10.2 percent year-on-year, amounting to USD 5.58 billion.

Exports grew 13 percent year-on-year to USD 3.26 billion, while imports rose 6.3 percent to USD 2.32 billion, the National Statistical Office (NSO) said in a statement.

Mining products, including coal, copper concentrates and iron ore accounted for 83.1 percent of the total exports in the period, noting that a significant increase in revenue from these types of products mainly contributed to the overall growth.

During this period, Mongolia traded with 135 economies across the world.

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