MINSK, 6 November (BelTA) – In January-October 2025 the exchange trade between Belarus and China grew by 10%, reaching $131.5 million, BelTA learned from the press service of the Belarusian Universal Commodity Exchange (BUCE).
Belarusian exports dominated the structure of exchange transactions, accounting for 87% of the total. Supplies to China included timber, pulp, milk powder and whey, butter, casein, meat products, and flax fiber.
According to Aleksei Dykusha, Head of BUCE's Shanghai Office, expanding the range of goods involved in exchange trading with China is one of the exchange's top priorities. This includes both supplying Belarusian products to the Chinese market and importing raw materials and high-tech goods from China.
“In January-October, Chinese companies sold $16 million worth of goods through the exchange. This is almost six times more than in the same period last year. Over 60% of the transactions by value were for import-substituting products: equipment, machinery, spare parts, and components, with the remaining 40% for ferrous metal products and agricultural raw materials. Thus, by using the exchange mechanism, Belarusian real-sector enterprises were able to purchase the goods they needed directly from Chinese manufacturers. This, by the way, is one of the key functions of BUCE's Shanghai Office, and participation in major exhibition forums like CIIE contributes to its fulfillment,” the BUCE representative said.
Digital solutions for cross-border trade, developed by the Belarusian Universal Commodity Exchange, are featured as part of the Belarusian national exposition at the 8th China International Import Expo (CIIE), which is running in Shanghai on 5-10 November. Visitors to the BUCE stand can not only learn about the exchange's electronic platforms and its set of tools for improving sales efficiency and hedging risks but also get information about the products sold at the exchange auctions and see current prices for the most in-demand items.
Since the opening of BUCE's Shanghai Office in 2023, the exchange has been a regular participant in CIIE, aiming to attract Chinese residents to its trading platform. Since then, BUCE's pool of Chinese clients has grown almost threefold and currently numbers 324 companies.
Founded in 2004, the Belarusian Universal Commodity Exchange conducted its first trading session in June 2005. BUCE is one of the largest commodity exchanges in Eastern Europe. Its main function is to assist Belarusian enterprises with export and foreign companies with entering the Belarusian market. BUCE sells a wide range of metal, forestry and agricultural products, industrial and consumer goods.
Belarusian exports dominated the structure of exchange transactions, accounting for 87% of the total. Supplies to China included timber, pulp, milk powder and whey, butter, casein, meat products, and flax fiber.
According to Aleksei Dykusha, Head of BUCE's Shanghai Office, expanding the range of goods involved in exchange trading with China is one of the exchange's top priorities. This includes both supplying Belarusian products to the Chinese market and importing raw materials and high-tech goods from China.
“In January-October, Chinese companies sold $16 million worth of goods through the exchange. This is almost six times more than in the same period last year. Over 60% of the transactions by value were for import-substituting products: equipment, machinery, spare parts, and components, with the remaining 40% for ferrous metal products and agricultural raw materials. Thus, by using the exchange mechanism, Belarusian real-sector enterprises were able to purchase the goods they needed directly from Chinese manufacturers. This, by the way, is one of the key functions of BUCE's Shanghai Office, and participation in major exhibition forums like CIIE contributes to its fulfillment,” the BUCE representative said.
Digital solutions for cross-border trade, developed by the Belarusian Universal Commodity Exchange, are featured as part of the Belarusian national exposition at the 8th China International Import Expo (CIIE), which is running in Shanghai on 5-10 November. Visitors to the BUCE stand can not only learn about the exchange's electronic platforms and its set of tools for improving sales efficiency and hedging risks but also get information about the products sold at the exchange auctions and see current prices for the most in-demand items.
Since the opening of BUCE's Shanghai Office in 2023, the exchange has been a regular participant in CIIE, aiming to attract Chinese residents to its trading platform. Since then, BUCE's pool of Chinese clients has grown almost threefold and currently numbers 324 companies.
Founded in 2004, the Belarusian Universal Commodity Exchange conducted its first trading session in June 2005. BUCE is one of the largest commodity exchanges in Eastern Europe. Its main function is to assist Belarusian enterprises with export and foreign companies with entering the Belarusian market. BUCE sells a wide range of metal, forestry and agricultural products, industrial and consumer goods.
