Export of Goods and Raw Materials Increased by 54.5 PercentEconomy
Ulaanbaatar, June 7, 2023 /MONTSAME/. In the first five months of this year, our country exported goods and raw
materials worth USD 6305.8
million, making an
increase of 54.4 percent compared to the same period of the
In the total export, mineral products accounted for USD 5492.4 million or 87.1 percent, precious and semi-precious stones, precious metals, jewelry, and coins amounted USD 297.2 million or 4.7 percent, plant products – USD 127.6 million or two percent, altogether making up 93.8 percent of total exports.
During the first five months of the year, 100 percent of lead ore and concentrate, iron ore, zinc concentrate, and crude oil, 99.9 percent of copper concentrate, and 98.5 percent of coal were exported to China, 47.3 percent of processed bovine and equine hides, and 76.1 percent of combed cashmere were exported to Italy, and 99.9 percent of washed cashmere was exported to China. The Customs General Administration reported that the above-mentioned goods accounted for 81.1 percent of the total export.