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Economy News

China tops list of Mongolia's foreign trade partners in H1

China leads the list of Mongolia's largest foreign trade partners in the first half of this year, the country's National Statistics Office said Wednesday.

Bilateral trade between Mongolia and China amounted to 5 billion U.S. dollars in the January-June period, accounting for 68 percent of Mongolia's total foreign trade.

Mongolia traded with 138 economies across the world in the above-mentioned period.

China has maintained its position as Mongolia's biggest trading partner and top export destination for many years, with bilateral trade amounting to 7.4 billion dollars in 2020. 

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