Mobile version
Projects
Services
Government Bodies

Trade via Belarusian Universal Commodity Exchange on the rise

Economy 09.01.2017 | 19:29

MINSK, 9 January (BelTA) – In 2016 OAO Belarusian Universal Commodity Exchange (BUCE) facilitated a total of 273,000 deals worth Br2.53 billion, 26% up from 2015, BelTA learned from BUCE Press Secretary Roman Yaniv.

Deals with metal products accounted for the bulk of the BUCE trade turnover. Their volume totaled Br981 million or 17% up from 2015.

Ferrous metals and goods made of them accounted for the largest volume of deals in cost terms. In 2016 Belarusian companies bought 398,000 tonnes of these products worth Br790 million, 12% up from 2015.

Electric technology products came second, with the sum of their deals close to Br62 million, 33% up from 2015.

The top three also include non-ferrous metals (the domestic market), with their deals at Br44 million in cost terms. Coal and coke demonstrated the largest sales growth — 12 times up and two times up respectively.

Timber products demonstrated a 23% growth due to a large increase in sales of round timber on the home market (40% up in cost terms) and sawn timber on foreign markets (32% up). Positive dynamics was also secured by chip fuel and paper products sold on the home market. The former secured Br670,000 in deals (140% up) while the latter netted Br16.5 million (69% up). The trade turnover of timber products reached Br895 million in 2016.

Agricultural products resumed growth after a certain slowdown in 2014-2015. The value of deals with agricultural products exceeded Br482 million, 38% up from 2015. Oilcakes of oleiferous crops and fodder additives remained the main growth drivers. The restoration of markets positively influenced the export of dairy products. Milk powder export to Russia rose by 89% to Br71 million. Butter sales amounted to Br47 million, 180% up.

The share of industrial goods and consumer goods rose from 5.2% in 2015 to 6.8% in 2016. In a bid to diversify and improve the effectiveness of purchasing and trade operations, Belarusian and foreign commercial entities concluded 27,000 deals worth Br172 million, 66% up from 2015. The most popular consumer goods included construction materials, automotive equipment, and food.

Print version
More about Economy
Latest news
All news
Weather
Minsk
Baranovichi
Bobruisk
Borisov
Brest
Warsaw
Vilnius
Vitebsk
Gomel
Grodno
Zhlobin
Kiev
Lida
Minsk
Mogilev
Mozyr
Moscow
Orsha
Polotsk
Riga
Saint Petersburg
Soligorsk
Night +12..+14°C Mainly clear
Day +18..+20°C Broken clouds