Trade and Economic Cooperation between Ukraine and Mongolia
Trade and Economic Cooperation between Ukraine and Mongolia
06 July 2023 10:05
The main institution that coordinates bilateral trade and economic cooperation is the Intergovernmental Ukraine-Mongolia Commission on Trade-Economic and Scientific-Technical cooperation.
The state of trade and economic cooperation (2021)
State of trade in goods. According to the State Statistics Service of Ukraine, in 2021, the bilateral trade turnover amounted to $24.62 million. Exports of goods from Ukraine to Mongolia amounted to $24.32 million (+5.2%), imports of Mongolian goods to Ukraine amounted to $0.3 million (+9.5%). The positive balance for Ukraine for this period amounted to $24.02 million.
State of trade in services. In 2021, the trade in services amounted to $1.08 million. Exports of services from Ukraine to Mongolia amounted to $0.87 million and increased by 106.4%, imports of Mongolian services to Ukraine amounted to $0.21 million and increased by 96.1%. The positive balance for Ukraine for this period was $0.66 million.
“UkraineInvest Guide: Rebuilding Ukraine with Private Sector” is a one-stop-shop reference to consider investment opportunities in Ukraine.
The Guide contains information on Ukraine’s investment profile, financial incentives, business opportunities, as well as analytical data from various industries: ukraineinvest-guide-rebuilding-ukraine.pdf