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THE ESSENTIAL
Belarus to develop potato processing
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Potato processing will be developed in Belarus, Prime Minister of Belarus Sergei Sidorsky told media during his working trip to Brest Oblast on 1 September.
 

BELARUS TRADES WITH 176 COUNTRIES IN JANUARY-OCTOBER 2009

In January-October 2009 Belarus traded with 176 countries, exporting commodities to 136 countries and importing products from 167 countries.

The area of Belarus’ trade has expanded since earlier this year. For comparison, in January Belarus traded with 127 countries, exporting commodities to 86 countries and importing products from 118 countries.

In January-October Belarus’ main trade partners were Russia (47.2% of the total trade), the Netherlands (7.8%), Germany (6.3%), Ukraine (5.9%), Latvia (3.5%), Poland (3.3%), China (2.5%), the UK (2%) as well as Italy, Brazil and India.

In January-October 2009 Belarus’ export of commodities to Russia shrank by 42.6% to $5.386 billion over the same period last year, with the country accounting for 31.8% of Belarus’ export volume. The export to the Netherlands went down by 38.9% to $2.896 billion. Consequences of the global crisis have affected Belarus’ trade with many other countries. Thus, in January-October Belarus’ export to Ukraine amounted to $1.327 billion (51.3% as against the same period of last year), Poland — $666.4 million (40.4%), Latvia — $1.274 billion (66.3%). Meanwhile, in the period under review, the export to India increased by 79.6% to $458.5 million, the export to Germany increased by 5.7% to $752.7 million.

In January-October 2009 Belarus’ merchandise trade amounted to $39.635 billion, or 62.8% as against the same period last year. Belarus’ export shrank to $16.952 billion (58.3% as against January-October 2008), with the import down to $22.683 billion (66.7%). Belarus posted a deficit in trade at the amount of $5.732 billion.

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Economy of Belarus/Economika Belarusi Magazine

Zvyazda Newspaper
 
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