Import increases by 4.3 percent in 2019Economy
Ulaanbaatar /MONTSAME/. Mongolia imported materials and products worth USD 6.1 billion in 2019, 4.3 percent increase compared with 2018, according to Mongolian Customs General Administration (MCGA).
Equipment and machinery made up 20.2 percent of the total amount of import in 2019 while mineral products made up 22.4 percent, of which 85 percent is petroleum. Moreover, the import of automobile and aircraft exceeded USD 1 billion for the first time, which means increased by 30 percent compared with 2018.