Canadian Manufacturing

Manufacturing Intelligence Spotlight: MONGOLIA

Manufacturing Intelligence Spotlights from outline key data on the top 21 global export markets.

The biggest opportunities for Canadian companies include key growth sectors, such as: automotive, oil and gas, chemicals and building materials

GDP: $11.02 billion (2010 est.)

GDP growth: 6.1% (2010 est.)

GDP per capita: $3,600 (2010 est.)

Population: 3,133,318 (July 2011 est.)

Labour force: 1.068 million (2008)

Products: wheat, barley, vegetables, forage crops; sheep, goats, cattle, camels, horses

Industry: construction and construction materials, mining (coal, copper, molybdenum, gold), oil, food and beverages, cashmere and natural fiber manufacturing

Exports: $2.89 billion(2010 est.)

Export Markets : copper, apparel, livestock, animal products, cashmere, wool, hides, fluorspar, other nonferrous metals, coal

Export partners: China (84.8%), Canada (3.6%), Russia (2.7%) (2010 est.)

Trade activity with Canada:

Exports to Mongolia: $25.17M

Major exports to Mongolia: machinery and electrical components ($16.8M)

Imports from Mongolia: $231.7M

Major imports: natural and precious stones and metals, pearls, diamonds, quartz ($230.9M)

Trade Commissioner
Mr. Nomin Otgonbayar
Canadian Embassy in Mongolia / Ambassade du Canada en Mongolie
Sukhbaatar Square 2, Central Tower, Suites 603-607, Sukhbaatar District, Horoo 8 Ulaanbaatar, Mongolia, Ulaanbaatar, Mongolia
(011-976) 1132-5379 Fax: (011-976) 1132-5785

More news on Mongolia

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Sources: Export Development Canada , Statistics Canada and The CIA World Factbook

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