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Belarus' export targets to EU in 2018-2020

Belarus' export targets to EU in 2018-2020

12.10.2017 | 10:08

Belarus' Council of Ministers has determined how much commodities and services government agencies and organizations are to export to the European Union in 2018-2020.

Total:

2018 - $5,586 million,

2019 - $5,943 million,

2020 - $6,244 million.

Top exporters in 2018:

Belneftekhim concern - $2,786 million,

Industry Ministry enterprises - $659 million,

Bellesbumprom concern - $174 million,

Belarusian Potash Company - $156 million.

Export by enterprises run by the oblast administrations in 2018:

Brest Oblast administration - $155 million,

Vitebsk Oblast administration - $375 million,

Gomel Oblast administration - $55 million,

Grodno Oblast administration - $170 million,

Minsk Oblast administration - $353 million,

Mogilev Oblast administration - $143 million,

Minsk city administration - $241 million.

The export targets will be adjusted every year taking into account changes in the composition of the European Union, the choice of products, and the establishment of new export-oriented enterprises in Belarus.

In January-August 2017 Belarus increased merchandise export to the European Union by 19.7% from January-August 2016 to $4,856 million. The surplus of Belarus' foreign trade reached $669 million.

Source: Council of Ministers resolution No.756 of 9 October 2017, the National Statistics Committee.