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Export of Mongolia grows by $1.8 billion in Q1 www.akipress.com
Mongolia traded with 125 countries in the first quarter of this year. The foreign trade turnover reached $5.7 billion, of which exports were $3.8 billion, and imports $1.9 billion.
Trade turnover increased by $2.1 billion (57.9%), with export increasing by $1.8 billion (96%), import by $248.9 million (14.7%) compared to the previous year. Exports increased by 354.7 million (30.4%) in this March, and imports by 231.3 million (45.3%) compared to the previous month.
The balance of foreign trade amounted to $1.8 billion, having increased by $1.6 billion (7.9 times) compared to the previous year. The profit amounted to 779.1 million in March, an increase of $123.4 million (18.8%) compared to the previous month.
Published Date:2023-04-20
