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Trade with Russia increased by 52 percent www.montsame.mn
Ulaanbaatar/MONTSAME/ As of January, 2018 Mongolia’s foreign trade turnover reached USD785 million, showing 11 percent increase as compared with the same period of previous year. Total export dropped by one percent or USD5 million while import increased by 30 percent or USD84 million.
About trades with neighbor countries, Mongolia made 61 percent of the total foreign trade turnover with China whilst trade with Russia was amounted 16 percent. Trade with China increased by 0.3 percent, but it showed 52 percent increase in trade with Russia.
34 percent of total imports were investment products, including machinery, equipment and constructional materials. 31 percent were fast-moving consumer goods, such as foods, pharmaceuticals, clothes, home utensils as well as others. Import of oil products made up 21 percent.
M.Unurzul
Published Date:2018-03-07
