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30 October 2020, 19:21

Export of industrial, consumer goods via BUCE 4% up in January-September

Photo courtesy of the Belarusian Universal Commodity Exchange
Photo courtesy of the Belarusian Universal Commodity Exchange

MINSK, 30 October (BelTA) – The export of industrial and consumer goods via the Belarusian Universal Commodity Exchange (BUCE) rose by 4% in January-September to $14 million, BelTA has learned.

Construction materials accounted for most of the transactions (about 76%). The deals primarily involved concrete blocks and silica bricks, which are exported to the European Union, Ukraine, and Russia. The share of sugar in the total export volume increased considerably, with $2.1 million worth of sugar exported in January-September 2020.

The geography of export of industrial and consumer goods via BUCE grew larger, too. Poland is still the most important market and has bought $5.2 million worth of Belarusian goods since the beginning of the year. Russia came in second with $3.6 million and Ukraine came in third ($2.5 million). Belarusian industrial and consumer goods are now exported to seven countries. Kazakhstan and Estonia have been added to the list this year.

The public joint-stock company (OAO) Belarusian Universal Commodity Exchange was established in 2004. The first trade sessions took place in June 2005. BUCE is one of the largest mercantile exchanges in Eastern Europe. Its key function is to assist Belarusian companies with exporting their products and assist foreign companies with entering the Belarusian market. The commodity exchange facilitates trade in metals, timber, agricultural products, and a broad choice of industrial and consumer goods.

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