Ulaanbaatar
Mongolia to export flour
Economy
Ulaanbaatar/MONTSAME/. According to the Minister of Food,
Agriculture and Light Industry, Mongolia has had the right to export flour to
China.
"Ensuring relevant requirements of quarantine, risk
assessment and inspections, 13 flour mills of Mongolia will export flour to China. Assessments
and successful meetings with the Chinese side made in 2021 has opened up an
opportunity for Mongolia to export surplus wheat to its southern neighbor. In
Mongolia, there are more than 50 flour manufacturers with an annual wheat processing
capacity of 943 thousand tons. The introduction of the first export of wheat
flour to China during the pandemic will have a positive impact on the economy, boosting
the two countries' foreign trade turnover, expanding the market for companies
to become exporters and increasing incomes,” said Z. Mendsaikhan, Minister of
Food, Agriculture and Light Industry.
In 2021, Mongolia harvested a total of 571.1 thousand tons
of crops, which was the highest yield that has not been in the last 30 years. Mongolia’s
annual wheat demand is about 310 thousand tons.
