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Outlook of Foreign Trade of Belarus in 2006

 

According to the statistics provided by the State Customs Committee of Belarus, foreign turnover of Belarus in 2006 totaled $41.3 billion and increased by 29.4 percent over 2005. The trade turnover with the CIS member states jumped by 27 percent as against 2005 to $22.7 billion (55.1 percent of the total). The turnover with the countries outside the CIS soared by 32.5 percent to $18.5 billion.

 

  Month

Export

Import

$ million

% as against same period of 2005  

$ million

% as against same period of 2005  

January

1 384,0  

145,3

1 302,0  

161,6

February

1 439,4  

122,3

1 451,5  

140,6

March

1 634,0  

121,8

1 691,6  

147,1

April

1 493,0  

114,6

1 659,6  

134,1

May

1 588,8  

130,5

1 899,0  

146,7

June

1 743,7  

131,2

1 807,4  

138,0

July

1 741,3  

130,0

1 762,1  

133,0

August

1 943,1  

142,3

2 015,6  

136,1

September

1 759,9  

117,5

2 025,6  

131,1

October

1 768,3  

125,0

1 887,2  

126,5

November

1 612,2  

114,0

1 772,7  

114,1

December

1674,5

107,7

2193,8

126,1

Total in January-December 2006

19782,2  

124,4

21467,9  

134,5

 

In 2006, the trade deficit stood at $1.7 billion (in 2005 the deficit was $57 million). The trade balance with the CIS member states was in deficit of $5.6 billion (in 2005 the deficit was $3.9 billion) while the trade balance with the countries outside CIS was in surplus of $3.9 billion (in January-December 2005 the surplus was $3.8 billion).

 

Exports of Belarus totaled $19.8 billion and increased by 24.4 percent as against 2005. Exports to the CIS grew by 22.1 percent to $8.6 billion. Exports to the countries beyond the CIS jumped by 26.2 percent to $11.2 billion.

 

Imports of Belarus soared by 34.5 percent to $21,5 billion. Imports from CIS jumped by 30.2 percent to $14.2 billion. Imports from the countries outside the CIS increased by 43.5 percent to $7.3 billion.

 

 

Foreign Trade with Main Trade Partners

 

The table contains data on the total turnover, exports and imports of Belarus to/from its main trade partners inside and outside the CIS.  

 

    Country

Share of the total turnover of Belarus

Exports, $ million

January- December
2006 as against
January-December
2005.

Imports, $ million

January- December
2006 as against
January- December
2005

Russia

47,4%

6 796,9  

119,9%

12 754,3  

129,5%

Netherlands

9,0%

3 489,1  

145,3%

220,0  

136,3%

Ukraine  

5,9%

1 233,4  

135,8%

1 220,8  

136,6%

Germany

5,9%

779,0  

113,0%

1 672,8  

149,1%

Poland

4,4%

1 033,3  

121,1%

765,5  

132,1%

UK

4,0%

1 474,9  

131,7%

184,8  

128,3%

China

2,3%

395,3  

91,3%

553,6  

193,5%

USA

1,8%

444,9  

178,5%

283,4  

122,0%

Italy

1,6%

172,4  

107,9%

498,2  

126,3%

Lithuania

1,5%

432,5  

121,7%

170,3  

119,6%

Latvia

1,4%

462,1  

143,2%

111,8  

123,3%

Sweden

1,2%

365,7  

138,9%

114,8  

128,9%

France

1,1%

202,9  

73,8%

270,6  

153,5%

Brazil

1,1%

228,4  

133,5%

210,0  

147,5%

Kazakhstan

0,8%

260,0  

142,3%

73,3  

235,8%

Moldova

0,4%

95,7  

93,6%

81,1  

112,1%

Uzbekistan

0,2%

53,3  

127,1%

16,2  

117,1%

Azerbaijan

0,09%

34,4  

122,8%

2,7  

139,4%

Armenia

0,06%

19,4  

151,0%

4,1  

193,0%

Georgia

0,05%

18,1  

272,2%

3,4  

137,8%

Kyrgyzstan

0,05%

17,5  

270,0%

1,5  

75,1%

Tajikistan

0,04%

13,5  

156,8%

4,4  

128,2%

Turkmenistan

0,04%

14,5  

33,1%

1,0

95,8%

 

Trade grew substantially with Russia (by $4 billion), as well as with the Netherlands (by $1.1 billion), Germany (by $640.2 million), the Ukraine (by $651.9 million), the United Kingdom (by $395.3 million), Poland (by $366 million) and with the USA (by $246.9 million).

 

Trade with the Russian Federation in 2006 increased by 26 percent from the same period last year to $19.6 billion. The Belarus’ foreign trade deficit amounted to $6 billion. The exports rose by 19.9 percent; the imports upped by 29.5 percent.

 

Trade with the Ukraine jumped by 36.2 percent to $2.45 billion. The foreign trade surplus made up $12.6 million. The exports increased by 35.8 percent and the imports went up by 36.6 percent.

 

The biggest foreign trade surplus in trade with the CIS member states was with Kazakhstan ($186.8 million) and trade with that country surged by $119.5 million to $333.3 million.

 

Belarus also reported foreign trade surplus in trade with all other CIS member states. Belarus significantly intensified trade with Georgia (by $12.4 million to $21.5 million), with Uzbekistan (by $13.7 million to $69.5 million), with Kyrgyzstan (by $10.5 million to $19 million), Armenia (by $8.5 million to $23.5 million) and with Azerbaijan (by $7.2 million to $37.1 million). Trade with Turkmenistan dwindled by $29.4 million because of a decrease in exports.

 

Trade with countries outside of the CIS accounted for 44.9 percent of the overall foreign trade of Belarus.  

 

Trade with the EU member states came to $14 billion (33.9 percent of the overall foreign trade of  Belarus), with the exports at $9 billion and imports at $5 billion.

 

Trade with the WTO member states amounted to $16.6 billion (40.2 percent of the overall foreign trade of Belarus), with the exports at $10.1 billion and imports at $6.5 billion.

 

Note: the customs statistics does not allow for import of vehicles by natural persons for personal use and for unorganized import/export of goods from/to Russia.