MINSK, 5 October (BelTA) – Enterprises of the Belarusian timber, woodworking, pulp and paper industry concern Bellesbumprom exported nearly 75% of their output in January-August 2020, BelTA has learned.
All the Bellesbumprom enterprises operate steadily. Their industrial output increased by 2.5% in comparison with January-August 2019 to over Br1.2 billion. As much as 74.6% of the total output was exported, thus securing a new historic high.
Bellesbumprom enterprises exported $382 million worth of merchandise, 0.6% up from January-August 2019. After a decline on foreign markets in January-May 2020 due to the pandemic the enterprises managed to restore positive export growth dynamics. The work continues. The export growth rate increased by 5 percentage points from 95.6% as against January-April 2019 to 100.6% as against January-August 2019.
More than half of the export was shipped to non-CIS states, with the share of the European Union at 34.2%. Export to new markets and geographically remote markets is rising. China bought $47.4 million worth of Bellesbumprom products, 1.5 times up from January-August 2019. Shipments to Switzerland, Turkey, India, Ghana and Indonesia more than doubled. Export to Austria, Germany, Finland, Luxembourg, Serbia, Canada, USA, and other countries is on the rise.
Bellesbumprom exports products to over 60 countries. The largest target markets are Russia, Poland, China, Ukraine, and Lithuania.
Bellesbumprom manages to nearly evenly split export flows among countries of the Eurasian Economic Union (35.2%), the European Union (34.2%), and distant-arc countries (30.6%).
Bellesbumprom also secured positive dynamics in other social and economic development parameters. In January-August 2020 the average salary rose by 7% year-on-year to exceed Br980.
The profitability of sales totaled 8.3%. A number of enterprises reported sales profitability in excess of 15%, 30%, and more than that. The highly profitable enterprises include Svetlogorsk Pulp and Board Mill, Ivatsevichdrev, Paper Mill Spartak, Slonim Cardboard-Paper Plant Albertin, OOO Zelenoborskoye.
