MONGOLIA-CHINA TRADE TURNOVER REACHES USD 6.33 BILLION

Ulaanbaatar, Mongolia /MONTSAME/ By the year 2011, total size of the trade turnover between Mongolia and China reached USD 6.33 billion, increasing 84.3 per cent against the previous year. It was quoted on Monday by the MONTSAME reporter from China. According to the Chinese trade ministry, Mongolia's external trade made up 56 per cent with China. Mongolia exported to it products of USD 4.37 billion, 91.3 per cent of the size of total export of Mongolia made, showing an increase by 78 per cent against 2010. The import with China made up USD 19.6 billion, which is 30.1 per cent of the total import size of Mongolia, increasing by 105.1 per cent. Mongolia exported to China coal of USD 2.22 billion, copper concentrate of USD 964 million, iron ore of USD 437 million, and crude oil of USD 252 million, and imported iron pieces of reinforcing bars and other construction materials worth USD 119 million, and trucks of USD 272 million. B.Khuder