Mongolia's foreign trade up 17 pct in first quarter

Oyundelger 2019-04-11 04:04

Economy

Foreign trade turnover in Mongolia rose to 17 percent year on year in the first quarter of this year, the Mongolian Customs General Administration (MCGA) said Tuesday.

Foreign trade turnover in Mongolia rose to 17 percent year on year in the first quarter of this year, the Mongolian Customs General Administration (MCGA) said Tuesday. According to the MCGA, the Asian country's foreign trade totaled 3.57 billion U.S. dollars in the first three months of this year.The country demonstrated a surplus in its foreign trade balance as exports exceeded imports by 458.9 million dollars, the MCGA said in a statement.In addition, a few types of products, including mineral products, cashmere and hides accounted for around 93 percent of total exports during the period, the statement said.