Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Mongolia First-Quarter Exports Decline 7.8%, Imports Drop 17.3%

Mongolia’s exports declined 7.8 percent in the first quarter from a year earlier and imports fell 17.3 percent, the National Statistics Office said today.

Exports totaled $809.2 million in the first three months of this year, falling by $68.6 million from a year earlier, and imports were $1.2 billion, down $252.9 million, according to the statistics bureau.

Mongolia’s central bank cut interest rates from April 8 for the second time this year after economic growth moderated to 12.3 percent last year from a record 17.3 percent in 2011. Growth slowed after the price of coal, Mongolia’s biggest export, declined and additional controls on foreign ownership of mining assets introduced by government last year led to a 17 percent decline in 2012 foreign investment.

The nation’s annual exports fell 9 percent last year to $4.38 billion as imports rose 2.1 percent to $6.74 billion, according to the statistics office.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.