Foreign trade turnover of Bayan-Ulgii aimag increases by 54.9 percent in 2018Economy
Bayan-Ulgii /MONTSAME/ Total foreign trade turnover of Bayan-Ulgii aimag reached USD 54.3 million in 2018, showing an increase of 54.9 percent of USD 19.2 million compared to that of the previous year.
The aimag exported horse, sheep meats and wool and wool products, the 29-percent of which was exported to Russian Federation, the 55-percent to Kazakhstan, the eight-percent to Iran, the five- percent to Federal Republic of Germany and three-percent to other countries.
The export turnover resulted in increase of tax-revenue to the State budget. In particular, the Customs Office in Bayan-Ulgii aimag collected MNT 19.2 billion for the State budget in 2018, overperforming their plan of collecting MNT 13.3 billion.