Manufacturing Intelligence Spotlight: MONGOLIA
by CanadianManufacturing.com Staff
Manufacturing Intelligence Spotlights from CanadianManufacturing.com 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
ulaantd@international.gc.ca
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Sources: Export Development Canada , Statistics Canada and The CIA World Factbook
