Mongolia's foreign trade up 24.4 pct in first 10 months

ULAN BATOR, Nov. 15 (Xinhua) -- Mongolia's foreign trade went up 24.4 percent year on year to 10.8 billion U.S. dollars in the first 10 months of this year, data from the National Statistics Office (NSO) showed on Thursday.

Mongolia's exports increased 14.6 percent to 5.9 billion U.S. dollars while imports surged 39 percent to 4.9 billion dollars in the January-October period, according to the data.

The rise in total exports was largely attributed to increases of 1 billion dollars and 75 million dollars in exports of mineral products and textile goods, respectively.

The growth in total imports was mainly due to the significant increases in imports of diesel, machinery and electric appliances, the NSO said.