China-Mongolia Bilateral Trade Surges to $13.6 Billion...
China News
June 28, 2023
China has been the largest source of investment and top trade partner of Mongolia for 18 years in a row. Official data showed the total trade between the two sides reached 13.6 billion US dollars in 2022, surpassing the threshold of 10 billion US dollars for two consecutive years. That accounted for around 65-percent of Mongolia's total trade volume last year. Besides mineral products, the two nations have been expanding cooperation in renewable energy, agriculture and education.