Foreign trade surplus reaches USD 1 billion 347.2 millionEconomy
Ulaanbaatar /MONTSAME/. As for the first nine months, Mongolian foreign trade had surplus of USD 1 billion 347.2 million according to Mongolian Customs General Administration (MCGA).
Mongolia has engaged in trade worth USD 10.5 billion with 146 countries which increased by USD 911 million (9.5 percent from same period of the last year), of which export reached to USD 5.9 billion (12.6 percent increase) due to the increases of USD 421.1 million in mineral products, USD 199.9 million in pearl, precious and semi-precious stones, precious metals and jewelry, USD 28.2 million in textiles and textile articles.
Import reached to USD 4.5 billion, increased by USD 247.7 million compared to the imports of same period of previous year. Import growth was mainly affected by import increase of minerals by USD 40.9 million, of plastic and synthetic products by USD 33.7 million, transport vehicles, their spare parts by USD 179.7 million and of industrial products by USD 22.2 million respectively.