Mongolia’s Trade Surges as Russian Petroleum Exports Rise
Published by WarSignal Editorial · Last updated
Mongolia’s total foreign trade with 139 countries reached $10.5 billion, a rise driven largely by imports of petroleum products from Russia.
The country’s trade volume climbed to $10.5 billion, up from $9.8 billion the previous year, according to the Ministry of Commerce and Industry. Imports of Russian crude and refined fuels accounted for the bulk of the increase, while exports remained steady.
The uptick reflects Mongolia’s continued reliance on Russian energy supplies amid broader regional shifts in trade patterns.
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