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19 October 2022, 19:14

Belarusian Belgospishcheprom eager to increase export by 10-15% this year

MINSK, 19 October (BelTA) – The Belarusian state food industry concern Belgospishcheprom intends to increase merchandise export by 10-15% this year, Belgospishcheprom Chairman Oleg Zhidkov told BelTA before a business meeting, during which Belgospishcheprom enterprises presented Belarus' export potential.

Oleg Zhidkov said: “In January-September 2022 Belgospishcheprom's export growth rate totaled 107% as against last year's level. The figure can grow up to 110-115% at the end of the year. At present all the markets demonstrate high effectiveness from the point of view of profit margins and sales dynamics. All the Belgospishcheprom enterprises are meeting their export quotas.”

The official remarked that Belgospishcheprom products are primarily exported to Russia. Active work with Asian countries continues. “Countries of Africa, Latin America show a lively interest in our products. Everything we make is of high quality and meets international standards,” Oleg Zhidkov underlined. “This year the People's Republic of China will toughen requirements for sales on the domestic market. We are testing over 50 components in a number of products in order to confirm the safety of our products.”

In his words, customers' requirements for Belgospishcheprom products are also on the rise. “In turn, we are improving our physical infrastructure, introducing new approaches and quality standards and achieving the results that allow penetrating new markets,” Oleg Zhidkov said.

Although logistics has become more complicated recently, Belarusian products are still exported. “Logistics is now more complicated but the volume of individual shipments is larger. We used to transport goods by trucks. We are now switching to container shipments,” he said.

Speaking about the domestic market, the Belgospishcheprom chairman remarked that work proceeds in accordance with decisions, laws and regulations that have been passed in a bid to slow down inflation and stabilize prices on the domestic market. “Our enterprises are doing it on a systemic basis in order to prevent an increase in prices and stimulate sales. We do not stop shipments. Orders of retailers are being fulfilled in full. We are saturating the consumer market bearing in mind the evolving demand. We are getting ready for a season of heightened demand for a number of product groups. In turn, we are ready to satisfy demand in full depending on manufacturing capabilities,” Oleg Zhidkov summed it up.

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