The year-to-date coal export from Mongolia totaled 11.26 million tonnes as of August 2, marking a year-on-year slump of 46.4%, according to Mongolian website IKON on August 3, citing Mongolian customs data.
The sharp decline was mainly impacted by months of lockdown measures and a global demand shrink amid the COVID-19 pandemic since early this year. Exports of oil products were also subject to the virus.
During the same period, Mongolia exported 801,800 tonnes of copper concentrate in the year to August 2, falling down 8.3% year on year, while iron ore exports edged down 0.9% to 4.95 million tonnes.
At a Mongolian meeting no July 28, the country authorities decided to officially start operation off China-Mongolia "green channel" from August 1 in a bid to increase Mongolian minerals exports.
The determination came as large slumps in coal and oil exports in the first half of this year affected by China-Mongolia border closures from February 1 could lead to a missing in this year's export targets.
The "green channel" mainly involves changes in truck drivers' exit and entry activities to boost exports in the remaining months of this year, which could bring about a rapid growth.
(Writing by Tammy Yang Editing by Jessie Jia)
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