Ulaanbaatar
External trade turnover declining
EconomyUlaanbaatar /MONTSAME/ In the first five months of this year, external trade turnover reached USD 2,946.7 million after the trade performed with 123 countries, of which USD 1,774.6 was made up by exports, while USD 1,172.0 million by imports.
Total external trade turnover decreased by USD 369.7 million or 11.1%. Exports decreased by USD 94.7 million or 5.1%, while imports--by USD 275.0 million or 19.0% compared to same period of the previous year.
External trade balance had a surplus of USD 422.3 million in the first five months of 2015, and it was USD 602.6 million in the first five months of this year.
Exports of mineral products, precious, semi-precious stones and metals amounted to 86.2% of the total export, while imports of mineral products, machines, tools, electric facilities, vehicles and their spare parts--51.9% of the total import.
