The Republic Of Tyva Almost Tripled Its Export In 2018

In 2018 the Republic Of Tyva’s export had a 2.8-fold increase compared to 2017 and amounted to $117 mln.

The export growth was caused by the emergence of new markets, namely China, the Republic of Korea, Ukraine, Japan, Taiwan (China), Vietnam, Indonesia, Malaysia and Hong Kong. In 2017 Tuva did not exported goods to these countries. Region’s supplies to China ($31.1 mln) had the major influence on Tyva’s export growth.

In 2018 the Republic Of Tyva exported goods to the following countries:

· Kazakhstan ($38.5 mln);

• China ($31.1 mln);

• The Republic of Korea ($21.3 mln);

• Ukraine ($14 mln);

• Japan ($5.2 mln);

• Taiwan (China) ($4 mln);

• Vietnam ($1.6 mln);

• Indonesia ($0.7 mln);

• Malaysia ($0.6 mln);

• Mongolia ($0.2 mln);