Mongolia’s foreign trade turnover has fallen since the beginning of the year. Over the first three months of 2016, Mongolia traded USD 1.6 billion with 115 countries, of which export accounted for USD 960 and import for USD 600 million giving a the balance of trade of USD 360 million. In comparison with the first quarter of 2015, the balance of trade has fallen by USD 16 million. Mongolia exported 3.3 million tons of coal, 413,000 tons of copper concentrate, 2.2 million barrels of oil and 3 tons of gold.