Page 17 - bne IntelliNews Country Report: Belarus Dec17

Belarus has benefited from the relative stability during its transition which has kept inflation and unemployment low throughout its move from centrally planned economy to a market based one . Other countries in the region have seen their scores soar into the hundreds while in Belarus the despair index has been at more modest levels.
5.0 External Sector & Trade 5.1 External sector overview
In January-September 2017, Belarus' export of goods and services surged by 18.2% over the same period of 2016 to $26.025bn , the National Bank of the Republic of Belarus said.
In January-September 2017, Belarus' foreign trade in goods and services amounted to $51.617bn (up by 18.6% from the same period a year prior). Export of goods and services totaled $26.025bn (up 18.2%); import made up $25.592bn (up 18.9%). Belarus had a $432.6mn foreign trade surplus. Belarus' foreign trade in goods grew up by 21% to $42.702bn in January-September. Export of goods totaled $20.487bn (up 20.6%), import reached $22.214bn (up 21.4%). The deficit made up $1.726bn. In January-September 2017, Belarus' foreign trade in services was $8.915bn (up 8% as against the same period of last year). Export of services amounted to $5.537bn (up by 10.1%), import came at $3.378bn (up by 4.7%). The surplus in foreign trade in services in January-September is estimated at $2.159bn.
Belarus' foreign merchandise trade increased by 21% year-on-year, to $42.7bn in January-September , according to the Belstat state statistics agency. Merchandise exports increased by 20.6% y/y, to $20.487bn, while import grew by 21.4%, to $22.214. The trade deficit stood at $1.726bn in January-September. The Belarusian economy is recovering after two years of
17 BELARUS Country Report December 2017 www.intellinews.com