Business news

MINSK, 27 November (BelTA) – The dairy exports of companies affiliated with Belarus’ Agriculture and Food Ministry to the Chinese market skyrocketed 12 times in January-September 2017, Aleksei Bogdanov, head of the main department for foreign economic affairs of the Agriculture and Food Ministry, told a press conference on 27 November, BelTA has learned.

“In January-September, the exports of dairy products to China surged 12 times to exceed $4.5 million. This is a small share of our total exports but we have tapped into the Chinese market just recently,” Aleksei Bogdanov said.

The companies of Belarus’ Agriculture and Food Ministry exported products to 65 countries in January-September 2017. Over this period of time, the exports of agricultural products to CIS countries (except Russia) grew more than twofold to reach $118.5 million. There has been an increase in the agricultural exports to Azerbaijan, Armenia, Kazakhstan, Pakistan, Moldova, and Ukraine.

In total, the foreign trade of Belarus’ Agriculture and Food Ministry saw a growth of 11% in January-September 2017. All in all, the companies affiliated with the ministry sold abroad $1.844 billion worth of agricultural products, up $184 million from the same period a year prior.