Mongolia's industrial output declines by 3.6 pct in Q1-Q3 www.xinhuanet.com
Mongolia's industrial output totaled 30.7 trillion Mongolian tugriks (8.54 billion U.S. dollars) in the first three quarters of 2025, a 3.6 percent decrease year-on-year, the country's National Statistics Office said Monday.
The decline was attributed mainly to a drop in the output of main mining products, the NSO said in a statement.
During the period, coal production was down 32.3 percent, while crude oil production fell 13.3 percent.
Currently, the mining sector remains one of the main pillars of the Mongolian economy, as the country is rich in natural resources such as gold, silver, copper and coal.
Mining commodities, such as coal, copper, iron ore and unprocessed or semi-processed gold, constituted about 95 percent of Mongolia's total exports during this period, the data showed.
Published Date:2025-10-21