According to experts, at present, the production of building materials in Mongolia is far from meeting the needs of the market. There is a serious industrial shortage of various building materials, and more than 90% of them rely on imports for a long time.
The inexpensive Chinese building materials have always been an ideal choice for Mongolian construction companies, decoration companies and residential homes. For various reasons, Mongolia and China have great economic differences and complementarities.
According to Haixing Industrial Group Co., Ltd.'s investigation, the building materials that Mongolia produces and can supply mainly include wood, sand, stone, masonry, red brick, part of cement, steel, etc., and almost all other building materials need to rely on imports. In recent years, China's domestic building materials market has become saturated, and the rise of the Mongolian market has provided an excellent sales channel for the Chinese building materials market, which has brought unlimited business opportunities to China's building materials companies.