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21 July 2021, 11:55

Intra-EAEU trade up by 33% in January-May 2021

MOSCOW, 21 July (BelTA) – In January-May 2021 the intra-EAEU trade increased by 33% year-on-year, foreign trade - by 19%, Iya Malkina, Aide to the Chairman of the Board of the Eurasian Economic Commission (EEC), told a briefing for the press in Moscow on 21 July, BelTA has learned.

"Here's some fresh statistics on foreign and intra-union trade in goods for January - May 2021. The intra-EAEU trade surged by 33% year-on-year and amounted to $26.8 billion," Iya Malkina said.

"As for the foreign trade of the Eurasian Economic Union with countries outside the EAEU, it rose by 19% in January-May 2020 over the same period of last year and totaled $297.4 billion,” Iya Malkina noted. “Belarus posted a 58% increase in foreign trade with countries outside the EAEU, Armenia- 18% and Russia – 18%."

"Our countries actively traded with the EU, which accounted for 39% of the total trade. For example, Germany's share was almost 8%, that of the Netherlands - more than 6%. APEC accounted for 36% of the EAEU's trade. For example, China's share was 20%," Iya Malkina added.

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