Coal leads In Mongolian export
In the first four months of 2011, Mongolia exported products to the value of 1162.7 million USD. These exports are up 59.4 percent from the same period in 2010, said National Statistics Office of Mongolia. The increase is influenced by mining exports, such as coal, zinc ore, iron ore and fluorspar ore.
Mining production dominated in this country’s export.
In the first quarter of 2011, coal presented 33 percent of total product, with copper 28.5 percent. Also iron ore, concentrate 10.3 percent, crude 5.6 percent. However, gold volume reduced from the same period of last year by 19.8 million USD. In addition, exported coal volume for 2010 was 16,635,100 tons, in 2009 it was 7,113,200 tons, in 2008 it was 4,169,300 tons, and 2007 only 3,269,000 tons.
Mining production dominated in this country’s export.
In the first quarter of 2011, coal presented 33 percent of total product, with copper 28.5 percent. Also iron ore, concentrate 10.3 percent, crude 5.6 percent. However, gold volume reduced from the same period of last year by 19.8 million USD. In addition, exported coal volume for 2010 was 16,635,100 tons, in 2009 it was 7,113,200 tons, in 2008 it was 4,169,300 tons, and 2007 only 3,269,000 tons.
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