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Economy
09 December 2022, 17:38

Belarus' export down by 4.6% in January-October

MINSK, 9 December (BelTA) – In January-October 2022 Belarus' export of merchandise and services dropped by 4.6% year-on-year to $37.798 billion, BelTA learned from the website of the National Bank of the Republic of Belarus (NBRB).

In January-October 2022 Belarus' foreign trade totaled $71.443 billion, down by 6% year-on-year. Import amounted to $33.644 billion (down by 7.5%). Surplus of foreign trade in goods and services equaled $4.154 billion, up from $3.258 billion in January-October 2021.

Belarus' merchandise trade shrank by 5% to $59.838 billion. Merchandise export went down by 3% to $30.299 billion, with merchandise import down by 6.9% to $29.539 billion. Trade surplus totaled $759.6 million. In January-October 2021 Belarus had a deficit of $495.3 million.

In January-October 2022 foreign trade in services reached $11.604 billion, down by 11% year-on-year. Export of services amounted to $7.5 billion (down by 10.6%), with import at $4.105 billion (down by 11.5%). Surplus of foreign trade in services equaled $3.394 billion, down from $3.753 billion in January-October 2021.

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