Export dropped by 71 percent last weekEconomy
Ulaanbaatar/MONTSAME/. The General Customs Administration provided updates on the foreign trade turnover statistics for November 23-29.
During the reference period, the exports reached USD81.6 million, with a decrease of USD 202.5 million or 71.3 percent from the previous week.
From the beginning of this year, the total exports reached USD5.4 billion, dropped by USD1.3 billion or 19.8 percent compared to the same period of previous year. During the reference period, the imports reached USD86.8 million, decreased by USD4.29 million or 4.72 percent.
Compared to the same period of previous year, imports of food products, automobiles and machines, and minerals products dropped by 23.4 percent, 7.1 percent and 29.1 percent respectively. Imports of other goods rose by 3.3 percent.