Export

May 14, 2007 at 1:19 am Leave a comment

The volume of export is 1064.9 mln.USD which means increase by 195.2 mlnUSD in comparison with the previous year.

90.4 percent of exported goods come to transaction paid in hard currency, while barter is 0.2 percent and goods for inward processing are 8.6 percent. The volume of trade paid in hard currency has been increased by 228.6 mln.USD (31.1%) while export of barter trade and goods for inward processing has been decreased by 46.4 and 28.9 percent respectively if compare with last year.

If look at export changes in accordance with HS classification of goods export of mineral products increased by 101.0 mln.USD or 28.6 percent; export of natural or cultured pearls, precious or semi-precious stones increased by 88.3 mln.USD or 36.3 percent; export raw hides and skins; leather, furskins and articles thereof also has gone up by 7.3 mln.USD or 31.7 percent; export of goods covered by 13 HS headings such as prepared foodstuffs and animal or vegetable fats oils other increased from 0.002 mln.USD to 3.3 mln.USD. Volume of textiles and textile articles; vegetable products and export of base metals and articles; vegetable products and export of base metals and articles thereof has been decreased by 5.6 mln.USD, 5.2 mln.USD and 1.5 mln.USD respectively.

Export increase of mineral products; non-monetary gold and raw hides and skins, leather, furskins mainly influenced on total export increase.

In 2005 95.3 percent of exported mineral products comes to copper concentrate, molybdenum concentrate, fluorspar, crude oil and coal.

If compare with 2004 export of copper concentrate increased by 24421.3 tone, while average unit price also gone up by 50.3 USD and it influenced on total amount increase by 41.9 mln.USD. 95.2 percent of exported copper concentrate comes to China.

As a result of increase on average unit price of molybdenum concentrate its total export has gone up by 26.6mln.USD. Average unit price of molybdenum concentrate increased from 8906.4 USD to 19488 USD. 95.9 percent of molybdenum concentrate were exported to China.

Export of fluorspar concentrate increased by 22.3 thous.tone and 3.6 mln.USD In 2004 average unit price of fluorspar concentrate was equal 73.1 USD, which has been increased to 79.3 USD in 2005. Fluorspar concentrate exported to the Russian Federation (48.8%), the USA (15.1%), Ukraine (24.3%) and other countries (11.8%).

Export of crude oil and coal increased by 3.0mln.USD and 10.1 mln.USD respectively if compare with 2004. Most of crude oil and coal were exported to China. ‘

Most of export of natural of cultured pearls, precious or semi-precious stones comes to gold. In 2005 export of gold has been increased by 4.5 tones and unit price per 1 kg of it has gone up from 12583.7 USD to 13918.1 USD and total amount increased by 88.2 mln.USD. Gold were exported to Canada (40.2%), Unit Kingdom (22.7%); the USA (16.7%) and Republic of Korea (16.0%).

99.1 percent of exported textiles and textile articles comes to animal hair; carpets, knitted or crocheted and sewing goods.

Export of combed cashmere increased by 8.7 mln.USD, export of knitted, crocheted and sewing goods decreased by 27.2 mln.USD and 10.0 mln.USD respectively if compare with the previous year.

84.8 percent of exported base metals and articles thereof comes to ferrous waste and scrape; semi-finished products of iron and non-alloy steel; refined copper and copper alloys. Export of ferrous waste and scrape decreased by 2.1 mln.USD or by 72.8 percent while volume of exported semi-finished products of iron and non-alloy steel has gone up by 1.6 mln.USD or 22.6 percent and export of refined copper and alloys also increased by 1.3 mln.USD or 25.6 percent.

Mongolia has exported goods and raw materials to 69 foreign countries including European countries (16.1%), Asian countries (56.7%) and countries of American continent (25.9%).

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Entry filed under: Export, Foreign Trade.

Foreign Trade Import

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Information contained in this web site are partly derived from a CD-ROM "Guide to Investment and Trade-Mongolia", produced by Foreign Investment and Foreign Trade Agency (FIFTA). All trademarks are properties of their own respective owners.

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