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Economy
25 November 2021, 19:19

Merchandise export by Belarusian Industry Ministry enterprises 39.1% up in January-September

Photo courtesy of the Industry Ministry
Photo courtesy of the Industry Ministry

MINSK, 25 November (BelTA) – Enterprises run by the Belarusian Industry Ministry increased merchandise export by 39.1% in January-September 2021. The figure was mentioned at a session of the ministry's board on 25 November, BelTA has learned.

Belarusian Industry Minister Piotr Parkhomchik noted that the industry managed to hit the government-assigned main financial and business performance targets despite the continued pressure of sanctions and the unpredictable behavior of some foreign business partners amid the complicated epidemic situation.

Photo courtesy of the Industry Ministry
Photo courtesy of the Industry Ministry

In January-September 2021 the export of industrial goods exceeded $3.6 billion, with the growth rate at 139.1%. The surplus of the foreign trade in merchandise went beyond $1.7 billion, profitable operation of the industry was secured (9.8%), and profits from sales exceeded Br1.5 billion. The targeted decrease in costs was secured (minus 2.5%). The stock in storage is at a minimum (77.3%). Salaries in the enterprises run by the Industry Ministry are paid on time.

Piotr Parkhomchik went on saying: “Results of the three quarters of the year are not a victory but a small success. A lot has yet to be done by the end of the year in order to successfully finish this year and make headway into 2022. Preliminary presentation of next year's business plans indicated that not all the executives set out to work hard. It won't do. It is necessary to revise their approaches in favor of more ambitious goals soon.”

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