Foreign trade turnover drops by 10.1 percent
EconomyUlaanbaatar/MONTSAME/. According to the General Customs
Administration, in the first ten months of this year, total foreign trade turnover
has reached USD10423.1 million, which shows a decrease of USD1170.1 million or
10.1 percent compared to the same period of the previous year.
The export amount has exceeded the import’s by USD 1549.1 million, showing positive index in the foreign trade balance.
Exports of goods and raw materials amounted
to USD 5,986.1 million in the first ten months, showing a decrease of 8.3
percent compared to the same period of the previous year.
In the total export, the export of mineral products made up
70.6 percent, jewelry and precious stones—22.1 percent, processed leather, fur
and leather and fur products – 0.1 percent, and textile items 4.2 percent. The
export of above goods accounted for 97 percent of the total exports.