Mongolia B2B Marketplace
Mining (coal, copper, molybdenum, fluorspar, tin, tungsten, and gold): As of 2007, the Mongolian minerals sector contributed 20.3% to the country’s GDP, accounted for 65.4% of the country’s industrial output and 42.7% of its export revenues.
Historically, Mongolia has suffered from trade deficit; however, the trade gap has been very low. The recession of 2008 has marred the extent of exports and imports from Mongolia, with exports falling from $2.539 billion in 2008 to $1.902 billion in 2009.
Mongolia has some of Asia’s richest mineral deposits which, however, remain largely unexploited. Following are products that feature prominently in Mongolia exports:
- Animal products
- Other nonferrous metals
The country’s major export partners as of 2008 are:
- China – 64.5%
- Canada – 6.9%
- UK – 6.5%
- Luxembourg – 6.4%,
- US – 4.5%
We need the cooperation of Mongolia to obtain representation.
- Head office :
Canada-BC,1419 STADACONA AVE,
POSTAL : v8s 5j3,CANADA-BRITISH COLUMBIA