A result of foreign trade for the first one month of 2018 has been based on 28168 export, and 15469 import customs declarations and other non customs resources of information.

679 export and 342 import declarations belong to the goods crossed through seasonal ports.

A result of total turnover of foreign trade for the first 1 month of 2018 amounted 785.0 mln.USD which increased in 100.4 mln.USD or 14.7 percent against the same period of the last year.

Export exceeded import in 62.7 mln.USD and foreign trade balance became positive.

The volume of export is 423.8 mln.USD which means decrease by 1.1 percent if compared with the same period of the last year.

99.1 percent of exported goods comes to transactions paid in hard currency.

In total export minerals amounted

351.7 mln.USD or 83.0%; natural or cultured pearls, precious or semi-precious stones amounted 27.2 mln.USD or 6.4%; vegetable products 4.1 mln.USD or 1.0%; export of raw hides and skins, leather, furskins and articles thereof equaled to 3.3 mln.USD or 0.8%, textiles and textile articles 10.3 mln.USD or 2.4% and in total 93.6% of export came to these goods.

Сrude oil, iron ores and concentrates, copper concentrate, molybdenum concentrates and zinc ores and concentrates were exported to China (100.0%), coal were exported to China (96.1%). Flouspar concentrates were exported to China (53.6%), the Russian Federation (46.1%); leather of bovine or equine animals were exported to China; 100.0 percent of combed cashmere to China; most of exported raw hides and skins, washed cashmere comes to China, and gold were exported to United Kingdom (100.0%) and 88.9 percent of total export belong to these goods.

Mongolia has exported goods to 37 foreign countries including

China (88.5%),
United Kingdom (6.6%),
the Russian Federation (1.2%) and 96.3% of whole export comes to these countries.
Goods and raw materials with value of 361.1 mln.USD were imported and the volume of total import increased by 83.9 mln.USD or 30.3% in comparison with the same period of 2017.

Imported goods consist of transactions paid in hard currency (94.9%), goods supplied by foreign loan (0.1%), goods imported as foreign aid (0.4%), goods imported as foreign investment (3.3%), processed goods (1.1%).

In total import machinery, mechanic equipment and parts thereof, electric appliances, parts thereof amounted with value of 80.1 mln.USD (22.2%), minerals-90.4 mln.USD (25.0%) and among them oil products were 75.0 mln.USD (83.0%), products of animal or vegetable origin and foodstuff 49.4 mln.USD (13.7%), vehicles and aircraft, parts there of 43.3 mln.USD (12.0%), plastics and rubber and articles thereof 15.4 mln.USD (4.3%), base metals and products thereof – 25.3 mln.USD (7.0%), chemical products – 22.8 mln.USD (6.3%) and 90.5% of the total import comes to these goods and products).

Goods with value of 1273.4 thous.USD have been imported as foreign aid from international financial and economic organizations and donor-countries. If we take into consideration the countries of origin Switzerland (39.6%), China (29.3%), Republic of Korea (14.8%).

The goods, donated from donor countries, came from the Switzerland (39.6%), China (29.2%), Japan (20.0%).

Goods worth 392.3 thous.USD were imported as foreign loan by the international financial and economic organizations and donor-countries and these goods were originating from different countries such as the USA (50.6%), China (25.1%), Republic of Korea (15.9%).

Total loan goods were imported as government loans. If we take into consideration the lenders, loan lent from Japan (72.1%) and from Republic of Korea (15.9%).

In total goods with value of 12.0 mln.USD were imported to the charter fund of joint ventures and companies with foreign investment and these goods were originating from different countries such as China (37.6%) and the Russian Federation (62.2%).

Mongolia has imported goods originating from 99 different countries including

Russian Federation (34.1%),
China (29.3%), 
USA (4.5%),
Japan (9.0%),
Republic of Korea (3.6%) 
Federal Republic of Germany (2.3%) and goods from these countries are equal to 82.8% of total import.

Published Date:2018-02-20