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Belarus' export 2.9% down to $16.4bn in January-May

Economy 10.07.2019 | 18:46

MINSK, 10 July (BelTA) – In January-May 2019 Belarus' export of merchandise and services dropped by 2.9% year-on-year to $16.412 billion, BelTA learned from the website of the National Bank of the Republic of Belarus (NBRB).

In January-May 2019 Belarus' foreign trade equaled $32.687 billion, 2.2% down from the same period in 2018. Export totaled $16.412 billion (2.9% down), import amounted to $16.275 billion (1.4% down). Surplus of foreign trade in goods and services equaled $136.7 million, down from $391.7 million in January-May 2018.

Belarus' merchandise trade dropped by 2.8% to $27.205 billion. Merchandise export went down by 4.2% to $12.926 billion, with merchandise import down by 1.5% to $14.279 billion. Deficit totaled $1.353 billion. In January-May 2018 Belarus also had a deficit of $994.5 million.

In January-May 2019 foreign trade in services reached $5.482 billion, 1% up year-on-year. Export of services amounted to $3.486 billion (2.3% up), with import at $1.996 billion (1.2% down). Surplus of foreign trade in services equaled $1.489 billion, up from $1.386 billion in January-May 2018.

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