World

Mongolia's foreign trade up 7.1 pct in first 10 months

ULAN BATOR
2019-11-15 14:41

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ULAN BATOR, Nov.15 (Xinhua) -- Mongolia's foreign trade volume expanded 7.1 percent year on year to 11.6 billion U.S. dollars in the first 10 months of this year, the country's National Statistics Office (NSO) said Friday.

Exports climbed 9.8 percent year on year to 6.5 billion U.S. dollars, while imports grew 3.9 percent to 5.1 billion dollars, the NSO data showed.

Mining products accounted for more than 80 percent of the total exports, the NSO said, noting that a significant increase in revenue from coal and gold exports largely contributed to the overall growth.

The Asian country traded with 148 countries across the world in the first 10 months of 2019.
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