Mongolia’s foreign trade volume increased by 26.3 percent - News.MN

Mongolia’s foreign trade volume increased by 26.3 percent

Mongolia’s foreign trade volume increased by 26.3 percent

Mongolia’s top export destination during the period between January and October, 2021 was China, accounting for close to 86 percent of its total exports. China also accounted for 39.7 percent of Mongolia’s total imports, thus becoming the biggest import supplier for the country during the same period, as per the Mongolian National Statistics Office.

The statistical agency also said that Mongolia’s foreign trade volume touched USD 13.2 billion between January and October, recording a 26.3 percent increase compared to the same period in 2020.

Mongolia traded with 151 nations during the first 10 months of this year.

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