Mongolia's vehicle import value rises amid economic recovery

0 Comment(s)Print E-mail Xinhua, May 10, 2019
Adjust font size:

ULAN BATOR, May 10 (Xinhua) -- Mongolia imported vehicles worth 328.8 million U.S. dollars in the first four months of this year, up 15 percent year on year, the Mongolian Customs General Administration (MCGA) said Friday.

The Asian country imported a total of 25,571 cars and 7,251 heavy trucks in the January-April period, posting year-on-year increases of 40 percent and 14 percent respectively, the MCGA said in a statement.

The increase is largely due to an economic recovery of the resource-rich country, expansion in mining activity and implementation of several major infrastructure projects, said the MCGA.

Only 3 percent of all the imported cars in the period are new while the remainder are used ones, with most of them being at least two years old. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter