Ulaanbaatar: Mongolia’s industrial output totaled 30.7 trillion Mongolian tugriks (8.54 billion U.S. dollars) in the first three quarters of 2025, marking a 3.6 percent decrease year-on-year, according to the country’s National Statistics Office.

According to Namibia Press Agency, the decline was primarily attributed to a reduction in the output of main mining products. Coal production saw a significant drop of 32.3 percent, while crude oil production decreased by 13.3 percent during the period.

The mining sector remains a central component of the Mongolian economy, with the country being rich in resources such as gold, silver, copper, and coal. During this period, mining commodities, including coal, copper, iron ore, and unprocessed or semi-processed gold, made up about 95 percent of Mongolia’s total exports, the data indicated.