Business news

MINSK, 11 October (BelTA) – In January-August 2017 Belarus' export of merchandise and services rose by 19.2% from January-August 2016 to $22.907 billion, BelTA learned from the latest statistics released by the National Bank of the Republic of Belarus (NBRB).

Belarus' foreign trade in merchandise and services totaled $45.338 billion, up by 18.6% from January-August 2016. Export amounted to $22.907 billion, up by 19.2%; import rose by 18% to $22.43 billion. The surplus of Belarus' foreign trade in goods and services totaled $477 million.

Belarus' merchandise trade surged by 20.8% to $37.542 billion. Merchandise export went up by 20.9% to $18.067 billion, with import up by 20.7% to $19.475 billion. The deficit of Belarus' merchandise trade amounted to $1.407 billion.

In January-August 2017 Belarus' foreign trade in services reached $7.795 billion, up by 9% over the same period a year earlier. Export of services reached $4.84 billion, up by 13.2%, with import at $2.955 billion, up by 2.6%. The surplus of Belarus' foreign trade in services totaled $1.885 billion.