Vitebsk region exported goods worth more than $1.5 billion in six months
"According to preliminary data, in the first half of 2022, goods exports in the Vitebsk region increased by almost 1.5 times and amounted to $1.54 billion. Of this amount, $660 million and $617 million were accounted for by CIS and EAEU countries, respectively, with supplies to the Russian Federation amounting to $590 million. For the same period last year, the region exported goods worth over $1 billion," the department stated. "The import growth rate approached 140% - $2 billion. In the first half of 2021, this figure exceeded $1.4 billion."
Russia ranks first among the countries to which enterprises of the northern region of Belarus supply their products. As the department clarifies, in January-May, the neighboring country accounted for almost 40% of the total export volume. The Vitebsk region exported over 36% to the European Union countries and about 23% to other countries. Russia also holds leading positions in terms of importing goods into our country, with over 88%. The EU and other countries account for slightly more than 5% and 6.5% respectively.
The Netherlands, the United Arab Emirates, Germany, Latvia, Poland, China, Lithuania, and Ukraine also remain among the main trading partners of the Vitebsk region. In January-May, the northern region supplied goods to the markets of 74 countries and imported products from 87. In total, export-import operations were registered with 98 states.