Foreign Trade Turnover Increases by 15 Percent
As of December 2023, Mongolia’s total foreign trade turnover increased by 15 percent (or USD 3194.0 million) from that of the previous year and reached USD 24,437.0 million. Exports exceeded imports by USD 5932.0 million, and the foreign trade balance was in surplus. In 2023, trade through temporary ports amounted to 395.3 million USD, constituting 1.6 percent of the total trade turnover, 2 percent of exports, and 0.5 percent of imports.
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