PKF-IFS Mongolia

News

Home News MONGOLIA

MONGOLIA

Mongolia’s foreign trade of goods rose 10.2 percent year on year in the first five months of this year, amounting to 5.58 billion U.S. dollars, official data showed Wednesday.

Exports grew 13 percent year on year to 3.26 billion dollars in the Jan.-May period, while imports rose 6.3 percent to 2.32 billion dollars, the Mongolian National Statistical Office (NSO) said in a statement.

Mining products, including coal, copper concentrates and iron ore accounted for 83.1 percent of the total exports in the period, the NSO said, noting that a significant increase in revenue from these types of products mainly contributed to the overall growth.

The Asian country traded with 135 economies across the world in the first five months of 2019. 

Source:http://www.china.org.cn/world/Off_the_Wire/2019-06/12/content_74879968.htm

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.