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In the 1980s, Mongolia's industrial sector became increasingly important. By 1989, it accounted for an estimated 34% of material products, compared to 18% from agriculture. However, minerals, animals, and animal-derived products still constitute a large proportion of the country's exports.
Global exports (in millions USD) Rank Country Exports (in millions USD) Manufacturing services on physical inputs owned by others 123,721 1 China: 20,102 2 Germany: 15,282 3 France: 13,856 4 Netherlands: 10,476 5 Italy: 6,979 Maintenance and repair services n.i.e. 90,240 1 United States: 14,468 2 France: 12,712 3 Germany: 12,075 4 China: 8,434 5
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 ...
This is the list of countries by trade-to-GDP ratio, i.e. the sum of exports and imports of goods and services, divided by gross domestic product, expressed as a percentage, based on the data published by World Bank. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
China has become Mongolia's biggest trade partner and source of foreign investment as well as the destination for 48% of Mongolian exports. [26] Bilateral trade reached US$ 1.13 billion by the first nine months of 2007, registering an increase of 90% from 2006. [ 27 ]
According to the World Trade Organization (WTO), service exports refer to the cross-border sale or supply of services by residents of one country to residents of another country. Service exports can include a wide range of activities such as transportation, tourism, telecommunications, financial and insurance services, computer and information ...
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Location of Mongolia. Mongolia is a landlocked unitary sovereign state in East Asia.Economic activity in Mongolia has traditionally been based on herding and agriculture, although development of extensive mineral deposits of copper, coal, molybdenum, tin, tungsten, and gold have emerged as a driver of industrial production. [1]