Улаанбаатар
Industrial Output Declines
Economy
Ulaanbaatar, October 6, 2025 /MONTSAME/. According to preliminary performance for the first eight months of this year, industrial sector output has reached MNT 27.1 trillion, down MNT 1.7 trillion (5.8 percent) compared to the same period of the previous year.
The National Statistics Office reported that this decline was mainly due to mining and quarrying output, which decreased by MNT 2.4 trillion (10.7 percent).
As of preliminary performance for the first eight months, mining and quarrying sector output has stood at MNT 20.4 trillion, falling MNT 2.4 trillion (10.7 percent) from the same period of the previous year. This was influenced by a decrease of MNT 4.8 trillion (32.9 percent) in coal extraction and MNT 105.1 billion (13.6 percent) in crude oil extraction. In the mining and quarrying sector, production of iron ore concentrate, zinc concentrate, iron ore, fluorspar, and copper concentrate has increased by 10.5 to 77.4 percent in metal content, while fluorspar concentrate has risen in physical volume compared to the same period of the previous year. However, brown coal, hard coal, crude oil, unrefined gold, and silver concentrate have decreased by 9.7 to 34.7 percent.
In the manufacturing sector, production of major commodities such as liquid milk, flour, cement, lime, copper cathode, and combed cashmere has increased by 5.3 to 93.9 percent. Meanwhile, production of major commodities such as bottled water and beverages, metal billets, meat, vodka, rectified spirit, knitted cashmere garments, cigarettes, and coal briquettes has declined by 2.6 to 29.6 percent.
According to preliminary performance for the first eight months, sales of industrial products have reached MNT 34 trillion, up MNT 106.2 billion (0.3 percent) from the same period of the previous year. This increase was mainly influenced by a growth of MNT 706.1 billion (13.1 percent) in sales of the manufacturing sector.
Sales of mining and quarrying products have increased by MNT 1 trillion (3.9 percent) compared to the same period of the previous year, influenced by growth of MNT 5.9 trillion (63.1 percent) in the sales of the metal ore mining subsector and MNT 55.7 billion (19.4 percent) in mining support activities.
According to preliminary performance for the first eight months, exports accounted for MNT 23.6 trillion of industrial sales, of which MNT 22.7 trillion was from the mining and quarrying sector. Of mining product exports, 37.5 percent was coal, 58.1 percent metal ores, 2.8 percent crude oil, and 1.6 percent other mineral extraction.
