Trade Turnover in Mongolia Decreases 8.3 Percent in Q1
TEHRAN (ANA)- Mongolia's National Statistics Office announced that the country’s foreign trade turnover decreased by 8.3 percent year-on-year to reach 5.6 billion U.S. dollars in the first quarter of this year.
During the period, exports decreased 17.5 percent to 3.1 billion dollars, while imports increased 5.5 percent to 2.5 billion dollars.
The decline in exports was mainly influenced by the supply of coal, gold, iron ore and crude oil from Mongolia to foreign countries.
The landlocked country traded with 128 economies worldwide in the above-mentioned period.
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