Foreign trade turnover reaches USD 10.5 billion


In 2017, Mongolia traded with 163 countries and total trade turnover increased by USD 2.3 billion or 27.3 per cent compared to the previous year, reaching USD 10.5 billion, of which export made up USD 6.2 billion and import 4.3 billion.

The export increased by USD 1.3 billion or 26.1 per cent whereas import went up by USD 977.3 million or 29.1% compared to the same period of the previous year.

Foreign trade balance surplus reached USD 1.9 billion, showing an increase of USD 307 million or 19.7 percent against 2016.

USD 1.3 billion increase in export was influenced by mineral products’ export which raised by USD 1.4 billion in 2017, of which coal export up by USD 1.3 billion.

Source: montsame.mn


January 23, 2018
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