COAL ACCOUNTED FOR 44.6% OF TOTAL EXPORTS AS OF AUGUST 15

August 21 (InfoMongolia) The National Statistical Office of Mongolia made a statement on foreign trade turnover as of August 15, 2012. According to the statement, as of August 15, the total external trade turnover reached at 7,007.5 million USD, whereas exports made up 2,705.9 million USD and imports made up 4,301.5 million USD respectively.

As of August 15, 2012, external trade turnover showed an increase of 603.5 million USD or 9.4%, compared to same period of the previous year, of which exports made up 116.1 million USD or 4.5% and imports - 487.3 million USD or 12.8%.

Within the term, foreign trade balance showed a deficit of 1,595.6 million USD reflecting 371.2 million USD or 30.3% increase compared to same period of the previous year.

The total export value amount accounted for coal 44.6%, copper concentrate 19.2%, iron ore 12.1%, crude oil 7.0%, zinc ore with concentrate 2.4%, fluoride ore with concentrate 2.2%, in unwrought or semimanufactured forms of gold 1.9%, molybdenum concentrate 0.9%, and the rest 9.7% of export comprises of other mineral products.

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