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Mongolia’s foreign trade surges 12.3 pct in 2024

ULAN BATOR, Jan. 10 (Xinhua) — Mongolia’s foreign trade volume reached approximately 27.4 billion U.S. dollars in 2024, marking a robust growth of 12.3 percent compared to 2023, according to data released by the Mongolian Customs General Administration on Friday.

The Asian nation reported a significant trade surplus, with exports surpassing imports by more than 4.1 billion dollars. This surplus was primarily fu