Belarus-Russia trade can reach record $70bn in 2026
12:36, 4 June
Belarus-Russia trade could reach a record $70 billion in 2026, Belarusian Ambassador to Russia Yuri Seliverstov said as he addressed the St. Petersburg International Economic Forum, BelTA has learned.
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“We all realize that the benchmarks for the deeper development of our union integration are set by the leaders of our states: Aleksandr Lukashenko and Vladimir Putin. The dynamics of their contacts demonstrate a high level of mutual understanding, alliance, and strategic partnership between Belarus and Russia,” Yuri Seliverstov said at the Union State: Time to Be First panel session.
The ambassador recalled that in 2025, Belarus and Russia updated their historical high in mutual trade of goods and services, which reached $62 billion, a 6.2% increase. “Based on the results of January-April 2026, the foreign trade in goods grew by another 20% compared to the same period last year. If this dynamic continues, we have every chance of reaching $70 billion by the end of the year,” he noted.
