EXTERNAL TRADE TURNOVER REACHES USD 8,308.0 MILLION

Ulaanbaatar, Mongolia, /MONTSAME/ In the first nine months of 2011, Mongolia traded with 120 countries, where a total external trade turnover reached USD 8,308.0 million--exports USD 3,481.7 million and imports USD 4,826.3 million. External trade balance showed a deficit of USD 1,344.6 million that period, increasing USD 1,104.5 million or 5.6 times against the previous year. External trade balance showed a deficit of USD 42.4 million in September of 2011, decreasing USD 11.7 million or 21.6 per cent from USD 54.1 million deficit of September 2010. Total external trade turnover increased USD 4,051.6 million or 95.2 per cent against the previous year, of which imports went up by USD 2,578.0 million or 2.1 times, and exports--by USD 1,473.6 million or 73.4 per cent.

B.Khuder