Page 19 - BELRptFeb19

Merchandise trade rose by 16.3% to about $63bn. Belarus' merchandise export rose by 17.1% to $30.3bn, with import up by 15.6% to $32.6bn. Merchandise trade deficit was $2.3bn, no change from January-November 2017 when merchandise trade deficit stood at $2.3bn as well.
In January-November 2018 Belarus' trade in services totalled $12.7bn (112.5% as against January-November 2017). Export of services totalled $7.9bn (12% up), with import up by 13.3% to $4.8bn. Surplus of the foreign trade in services totalled $3bn, up from $2.8bn in January-November 2017.
In January-November 2018 Belarus' export of goods and services went up by 16% year-on-year to $38.2bn , according to the statistical data published on the website of the National Bank.
Foreign trade in goods and services made up $75.7bn, up 15.7% from January-November 2017. Exports totalled $38.2bn (up 16%), the import exceeded $37.4bn (up 15.3%).
Belarus had a surplus of $782.6mn ($483.3mn in January-November 2017).
Foreign trade in goods soared 16.3% to $63bn. The export of goods went up by 17.1% to $30.3bn, the import rose by 15.6% to $32.6bn.
The trade deficit made up $2.3bn ($2.3bn in January-November 2017). In January-November 2018 the foreign trade in services reached $12.79bn, up 12.5% year-on-year.
The export of services totalled $7.9bn (up 12%), the import - $4.8bn (up 13.3%). The trade surplus was at the level of $3bn ($2.8bn in January-November 2017).
5.2 Balance of payments, current account
Belarus -Trade 2011 2012 2013 2014 2015 2016 2017
Trade: External balance on goods and -645 2,935 -2,378 -606 60 -44 72.4 services (USD mn)
Trade: External balance on goods and -1.04 4.47 -3.15 -0.77 0.11 -0.09 / services (% of GDP)
Trade: Goods exports (BoP) (USD mn) 40,928 45,574 36,540 35,423 26,164 23,100 28,657
Trade: Goods imports (BoP) (USD mn) 44,394 45,009 41,134 38,334 28,307 25,611 31,576
Trade: Current account balance (USD mn) -5,053 -1,862 -7,567 -5,228 -1,831 -1,675 -931.4
Trade: Current account to GDP (%)
-8.2 -2.8 -10.0 -6.6 -3.2 -3.5 -5.3
19 BELARUS Country Report February 2019 www.intellinews.com