Export transportability of Mongolia and Russia-Mongolia relations in the commodity markets

Abstract

The commodity and geographical structure of Mongolia’s exports, dynamics and features of Mongolia’s foreign trade with Russia are considered. The tendency of weakening of foreign trade interaction of Mongolia with the Eastern regions of Russia is revealed. Using the original author’s method, an assessment of the distribution of Mongolian export goods was carried out, taking into account their transportability in sales markets and areas of remoteness. A pattern has been revealed for the export of low-transportable mineral raw materials, which is almost exclusively directed to neighbouring countries, mainly to China, while more expensive types of Mongolian products (wool, yarn, clothing, gold, etc.) are exported to distant countries. It has been established that the value of Mongolian exports for a number of mineral and raw materials exceeds the Russia’s and have strong growth prospects. The conclusion is drawn that the competition between exporters of Mongolia and the Eastern regions of Russia for foreign markets of mineral commodities, primarily for the Chinese market, will intensify in the near future.