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Mongolia posts 30.8 percent drop in Q1 foreign trade www.menfn.com
The National Statistics Office (NSA) of Mongolia said on Wednesday that the foreign trade turnover of the country posted a drop of 30.8 percent in the starting quarter of the current year compared to a year earlier.
The NSA said that the foreign trade of Mongolia came in at USD3 billion in the starting four months of the year as exports declined 45.3 percent to set at USD1.4 billion and the imports saw a tumble of 10.2 percent to set at USD1.6 billion.
NSA said that the foreign trade decline came due to the restrictive measures taken by the government in order to stop the spread of coronavirus across the nation.
Mongolia has traded with a total of 125 countries around the globe in the first four months period of the year.
Published Date:2020-05-14
