November sees positive trade balance

Economy
en_amarsaikhan@montsame.mn
2015-12-17 17:53:45

Ulaanbaatar /MONTSAME/ In the first 11 months of 2015, Mongolia traded with 146 countries and total external trade turnover reached USD 7737.5 million, of which USD 4242.9 million was made up by exports and USD 3494.7 million --by imports.

Total external trade turnover decreased by USD 2284.5 million or 22.8 percent. Exports decreased by USD 947.0 million or 18.2 percent and imports -- by USD 1337.5 million or 27.7 percent compared to the same period of last year.

External trade balance showed a surplus of USD 748.2 million in the first 11 months, having increased by USD 390.5 million or 2.1 times compared to the same period of last year.

In November, exports stood at USD 316.2 million, decreasing by USD 69.6 million or 18.0 percent, while imports were at USD 331.3 million, increasing by USD 24.8 million or 8.1 percent from the previous month.