Foreign trade turnover reached USD 4.8 billion increasing by 56.3%

The Mongolian Customs General Administration gave information on the export and import of goods as of March 20, 2023.

The total turnover of foreign trade reached USD 4.8 billion, an increase of 56.3% or USD 1.7 billion from the same period last year. Of this, exports increased by USD 1.5 billion and imports by USD 0.2 billion.

During this period, Mongolia traded with 107 countries, exported goods to 39 countries, and imported goods from 105 countries.

As for the export, exports have reached USD 3.2 billion since the beginning of 2023, increased by USD 1.5 billion 96.3% from the same period last year. Mining products such as iron ore, coal, copper concentrate, zinc concentrate, fluorspar, molybdenum concentrate, crude oil, and silver ore account for 98.4% of the export of mineral products and 84% of the total export.

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