Russia, China and South Korea were the biggest sources of tourist arrivals for Mongolia in the January-October period, the ministry said in a statement.
The Mongolian government has taken measures to revive the pandemic-hit tourism sector.
In January, 34 countries were granted visa-free entry to Mongolia for tourism purposes, increasing the number of visa-exempt countries to 61.
The Asian country has also declared 2023-2025 as "Years to Visit Mongolia."
Mongolia's economy is mainly dependent on its export-oriented mining sector. Developing tourism is seen as the most viable way to diversify the economy.
The country received roughly 577,300 foreign tourists in 2019.
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