Total trade turnover decreases in February

Economy
en_amarsaikhan@montsame.mn
2016-03-18 19:11:01

Ulaanbaatar /MONTSAME/ As of February 2016, the total cumulative trade turnover decreased by 20.6 percent (USD 250.2 million) from that of the previous year and reached USD 965.4 million. The decrease in the trade turnover was mainly due to the decrease in exports by USD 139.9 million.

The structure of the trade flows with the neighboring trade partners is as follows: trade with PRC: 62.3 percent or USD 601.9 million and trade with Russia: 10.8 percent or USD 104.7 million. The trade volume between Mongolia while Russia decreased by 34.0 percent.