Mongolia’s foreign trade turnover expanded by 16.9 percent year on year to USD 20.1 billion in the first 10 months of this year, according to data released by the country’s National Statistics Office

The country registered a surplus of USD 4.9 billion in foreign trade balance, mainly due to a significant increase in the exports of mining products, which accounted for over 90 percent of the mineral-rich country’s total exports in the January-October period.

The Asian country traded with 161 economies worldwide in the period.