PKF-IFS Mongolia

News

Home News EXPORT DROPPED BY 71 PERCENT LAST WEEK

EXPORT DROPPED BY 71 PERCENT LAST WEEK

The General Customs Administration provided updates on the foreign trade turnover statistics for November 23-29. 

During the reference period, the exports reached USD81.6 million, with a decrease of USD 202.5 million or 71.3 percent from the previous week.     

From the beginning of this year, the total exports reached USD5.4 billion, dropped by USD1.3 billion or 19.8 percent compared to the same period of previous year. During the reference period, the imports reached USD86.8 million, decreased by USD4.29 million or 4.72 percent. 

Compared to the same period of previous year, imports of food products, automobiles and machines, and minerals products dropped by 23.4 percent, 7.1 percent and 29.1 percent respectively. Imports of other goods rose by 3.3 percent.   

source: https://montsame.mn/en/read/245306

PKF-IFS Mongolia LLC member of PKF International

PKF-IFS Mongolia LLC is a member firm of the PKF International Limited family of legally independent firms and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm or firms.

"PKF" and the PKF logo are registered trademarks used by PKF International and member firms of the PKF International Network. They may not be used by anyone other than a duly licensed member firm of the Network.