Photo courtesy of BUCE
MINSK, 2 September (BelTA) – Belarus' exchange-based exports to China have surpassed $78 million, BelTA learned from the press service of the Belarusian Universal Commodity Exchange (BUCE).
Based on the results of exchange trading on BUCE in January-August 2025, the People's Republic of China became the third largest destination for Belarusian goods by volume, trailing only Russia and Uzbekistan. During this period, domestic enterprises sold goods to China totaling $78.2 million. The leaders in exchange sales remain timber, which accounted for 85% of supplies of Belarusian goods to the Chinese market, as well as agricultural products, which made up 14% of all exports to China.
“The current year is undoubtedly a landmark one for the development of Belarusian-Chinese exchange trade. The structure of export transactions has changed significantly. For instance, the share of domestic agricultural products, including dry milk, meat products, and flax fiber, has increased from 2% to 14%. Furthermore, the share of imports in the total volume of Belarus-China exchange trade has grown from 2% to 16%. The main reason is the active procurement of Chinese technological equipment, industrial tools and components, as well as ferrous and non-ferrous metal products. China has risen to sixth place in the number of companies accredited on the exchange. There are now 311 of them, including four brokers. The expansion of the circle of Chinese trading participants has had a positive impact on the dynamics of the transaction volume, securing a 7% increase compared to January-August 2024,” the BUCE press service said.
Since the beginning of 2025, 64 new residents from China have been accredited to work on the Belarusian exchange. Following the results of the eight months of 2025, the exchange trade of Chinese companies on BUCE reached $94 million. Of this, 83% was spent on purchasing Belarusian goods, 16% on the sale of Chinese goods in Belarus, and 1% on transit exchange transactions with residents of third countries.
The public joint-stock company (OAO) Belarusian Universal Commodity Exchange was established in 2004, with its first trading session conducted in June 2005. BUCE is one of the largest mercantile exchanges in Eastern Europe. Its key function is to assist Belarusian companies with exporting their products and assist foreign companies with entering the Belarusian market. The commodity exchange facilitates trade in metals, timber, agricultural products, and a broad choice of industrial and consumer goods.
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