The overall turnover of commodities and services in foreign trade shrank by 10.5% YoY in January-October to $48.73 billion.
Exports of commodities and services reduced by 11.4% YoY to $24.48 billion, and imports decreased by 9.5% to $24.24 billion.
According to the NBB, the deficit of foreign trade in goods totaled $1.756 billion compared to a deficit of $1.012 billion in January-October 2015.
Commodity exports (in FOB prices) reduced by 14.6% YoY in January-October, to $18.916 billion; imports were down by 10.7% to $20.674 billion.
Belarus produced a service trade surplus, which reached $1.997 billion to compare with a $1.857 billion surplus in January-October 2015.
Export of services grew by 1.4% YoY, to $5.567 billion, imports were down by 1.7% to $3.57 billion.
Belarus’ foreign trade surplus totaled $205.7 million in 2015. The overall turnover of commodities and services in foreign trade totaled $65.56 billion. Exports of commodities and services made up $32.883 billion, and imports reached $32.677 billion. Commodity exports (in FOB prices) totaled $26.209 billion; imports made up $28.327 billion. Exports of services – $6.674 billion, imports of services – $4.35 billion. (Prime-TASS/Business World Magazine)