MINSK, 23 June (BelTA) - The number of exchange transactions of Belarusian enterprises with foreign business entities in the Eurasian Economic Union (EAEU) exceeded $408 million in January-May 2025, up 10% as compared with the same stretch a year ago, said Head of Foreign Economic Relations at Belarusian Universal Commodity Exchange (BUCE) Aleksandr Bashliy, BelTA learned from the BUCE press service.
The share of Belarusian exports in total exchange trade amounted to 85%. As a result, Belarus posted trade surplus of $287 million in exchange transactions with the EAEU countries.
“Almost 5,000 companies from four EAEU countries - Armenia, Kazakhstan, Kyrgyzstan and Russia are accredited at the Belarusian exchange today. That is plus 369 new bidders compared to the start of the year. Russia is especially widely represented with more than 4,500 participants. Accordingly, this country accounts for the lion’s share of exchange transactions with the EAEU states. In general, the volume of exchange trade within the EAEU demonstrates positive trends. For example, trade increased by 9.7% with Russia as against January-May 2024, 1.6 times with Armenia, and 7 times with Kyrgyzstan. The number of transactions with Kazakhstan remained at last year’s level. We have already stepped up work in this direction and by the end of the year we expect to reach higher figures than we had in 2024,” Aleksandr Bashliy said.
The BUCE representative also spoke about the most popular Belarusian goods supplied to the markets of the EAEU countries. According to him, the top five in terms of exchange transactions include milk powder, butter, meat products, timber and feed additives. As for imports, this segment is dominated by purchases of ferrous and non-ferrous metals, ferroalloys, coal and coke, as well as equipment, special-purpose machinery, spare parts and other products for the industrial sector.
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.
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