Mongolia

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:

  • Copper
  • Apparel
  • Livestock
  • Animal products
  • Cashmere
  • Wool
  • Hides
  • Fluorspar
  • Coal
  • 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.

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  • Head office :
    Canada-BC,1419 STADACONA AVE,
    POSTAL : v8s 5j3,CANADA-BRITISH COLUMBIA
  • maria@asiawtc.com
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