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MONGOLIA TO EXPORT FLOUR

According to the Minister of Food, Agriculture and Light Industry, Mongolia has had the right to export flour to China.

 

"Ensuring relevant requirements of quarantine, risk assessment and inspections, 13 flour mills of Mongolia will export flour to China. Assessments and successful meetings with the Chinese side made in 2021 has opened up an opportunity for Mongolia to export surplus wheat to its southern neighbor. In Mongolia, there are more than 50 flour manufacturers with an annual wheat processing capacity of 943 thousand tons. The introduction of the first export of wheat flour to China during the pandemic will have a positive impact on the economy, boosting the two countries' foreign trade turnover, expanding the market for companies to become exporters and increasing incomes,” said Z. Mendsaikhan, Minister of Food, Agriculture and Light Industry.

 

In 2021, Mongolia harvested a total of 571.1 thousand tons of crops, which was the highest yield that has not been in the last 30 years. Mongolia’s annual wheat demand is about 310 thousand tons. 

 

 

Source: https://www.montsame.mn/en/read/285881

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