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In early 2020s, Mongolia's economy, though experiencing growth spurred by natural resource exports, faces challenges. Over-reliance on mining, rising debt, inflation, and potential fuel supply disruptions from Russia pose risks to the country's economic stability despite government efforts in infrastructure and social programs.
Exports of goods and services (US$ million) by country or region [1] Country Exports Year Top export (2021) [2] China (mainland) 3,511,248 2023 Broadcasting equipment United States: 3,051,824 2023 Petroleum Germany: 2,104,251 2023 Cars United Kingdom: 1,074,781 2023 Gold France: 1,051,679 2023 Packaged medications Netherlands: 949,983 2023 ...
The following table provides information on exports [2] and imports [3] of goods and services, based on the data published by World Bank, trade openness index, calculated as their sum, and the ratio between exports and imports. Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
Trade volume between the two countries was 39.7 million US$ in 2019 (Mongolian exports/imports: 0.5/39.2 million USD. [43] There are around 134 Turks who live in Mongolia. Uzbekistan: 1992-01-25 [1] Uzbekistan is accredited to Mongolia through its embassy in Beijing, China. Mongolia is accredited to Uzbekistan through its embassy in Ankara ...
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
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In Mongolia, copper mining is a major industry and source of income for the country. There are only two companies that produce copper concentrate, Erdenet Mining Corporation, a Mongolian-Russian joint venture, and the Oyu Tolgoi mine, a joint venture between Rio Tinto Group, Turquoise Hill Resources, and the Government of Mongolia. Until 2010 ...
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