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Economy
09 September 2022, 17:20

Belarus' export 4.2% down to $25.2bn in January-July

The National Bank of the Republic of Belarus. An archive photo
The National Bank of the Republic of Belarus. An archive photo

MINSK, 9 September (BelTA) – In January-July 2022 Belarus' export of merchandise and services dropped by 4.2% year-on-year to $25.174 billion, BelTA learned from the website of the National Bank of the Republic of Belarus (NBRB).

In January-July 2022 Belarus' foreign trade totaled $47.537 billion, 5.7% down from the same period in 2021. Import amounted to $22.363 billion (7.4% down). Surplus of foreign trade in goods and services equaled $2.811 billion, up from $2.119 billion in January-July 2021.

Belarus' merchandise trade shrank by 4.7% to $39.637 billion. Merchandise export went down by 2.7% to $19.995 billion, with merchandise import down by 6.6% to $19.641 billion. Trade surplus totaled $354.7 million. In January-July 2021 Belarus had a deficit of $492.7 million.

In January-July 2022 foreign trade in services reached $7.9 billion, 10.8% down year-on-year. Export of services amounted to $5.178 billion (9.7% down), with import at $2.721 billion (12.8% down). Surplus of foreign trade in services equaled $2.456 billion, down from $2.612 billion in January-July 2021.

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