Approximately 70% of Mongolia's foreign trade in 2025 is solely composed of trade with China
Mongolia News Agency, Ulaanbaatar, January 30th - According to the State Statistical Office, the trade volume between Mongolia and China in 2025 reached 18.7 billion US dollars, accounting for 69.2% of the country's total foreign trade.
Of these, the export structure is mainly dominated by resource-based products: mineral products accounted for 92.6%, and agricultural and animal husbandry products accounted for 5.3%.
Compared to the previous year, the export value decreased by 23 million US dollars. Among them:
· Coal exports decreased by 2.9 million US dollars, a decrease of 33.7%
· Washed cashmere decreased by 256 million US dollars
· Unprocessed crude oil decreased by 7.3 million US dollars
The import also showed a downward trend, decreasing by 2.6% year-on-year.
In the previous year, the countries supplying imports to Mongolia were China, Russia, Japan, South Korea, the United States, and Germany, which together accounted for 85.2%.
In imported goods, the highest proportion was machinery and equipment, transportation vehicles and their parts, accounting for 43.5% of total imports.
Original article: toutiao.com/article/1855756725098760/
Statement: This article represents the views of the author himself