Belarus’ foreign trade at $56.2bn in January-July 2024
10:19, 11 September
Photo: BelTA
In January-July 2024 Belarus’ foreign trade in goods and services rose by 4.6% year-on-year to total $56.2 billion, BelTA learned from the website of the National Bank of the Republic of Belarus (NBRB).
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The balance of goods and services remained practically unchanged compared to H1 2024 and amounted to minus $89 million. The deficit of foreign merchandise trade (minus $1.97 billion) was offset by positive results of foreign trade in services ($1.88 billion) to a great extent.
Export of goods and services surged by 4.5% year-on-year to $28.1 billion, mainly due to a 4.4% increase in export of goods to $22.8 billion. Export of services increased by 5.3% and reached $5.2 billion.
In general, import of goods and services grew at a rate comparable to that of export. It increased by 4.7% and totaled $28.2 billion, including import of goods amounted to $24.8 billion and import of services – to $3.4 billion.
