Exports of enterprises of the Vitebsk region increased by almost a third in January-March

The region's export growth in the first quarter was driven by increased foreign supplies of ethylene polymers, fiberglass, and acid compounds, as well as an increase in the value of sales of products from the meat and dairy industry, and also linen fabrics and knitwear. Russia accounts for 56% of the total export volume, the share of exports to EU countries was 30.2%, and about 5.1% of the region's total exports are supplied to CIS countries (excluding Russia). The import volume amounted to $326.3 million, an increase of approximately 77%, mainly due to the purchase of various types of fertilizers. The main flow of imports to the region comes from Russia (81% of the total import volume), while imports from EU countries accounted for 10.6%. In general, for January-March, the volume of foreign trade in goods of the region's organizations (excluding oil products) amounted to $708.7 million. The foreign trade balance was positive at $56.1 million. The main trading partners of the region are enterprises of Russia, which account for almost 73% of the total trade turnover, as well as organizations from the Netherlands (4.2%), Germany (2.3%), Ukraine (2.2%), China and Latvia (2% each), Poland (1.5%), Estonia (1.1%), Iran and Italy (0.9% each). In total, enterprises of the region interact with partners from almost 100 countries worldwide in the foreign market. The region's share in the total volume of exports from Belarus in January-March was 5.9%. -0-