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Decline in Iran's Trade With Mongolia

Decline in Iran's Trade With Mongolia Decline in Iran's Trade With Mongolia

Iran traded 2,523 tons of non-oil commodities worth $11.44 million with Mongolia in the last fiscal year (ended March 20, 2019), registering a 18.14% and 23.16% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.
Iran’s exports to Mongolia stood at 442 tons worth $253,712, down 14.82% and 69.35% in tonnage and value respectively year-on-year.
Iran mainly exported floorings, raisins, pineapple juice and chocolates to Mongolia during the 12-month period.
Mongolia exported 2,102 tons of goods worth $11.18 million to Iran, down 18.77% and 20.45% in tonnage and value and value respectively YOY. Mongolia was the 70th exporter of goods to Iran over the year and its main commodities included lamb and mutton.

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Financialtribune.com