by
December 12 – December 18, 2016

Belarus to keep sales up on Russian market with lower export prices

The situation has not changed

According to the National Statistics Committee, Belarus’ exports to the Russian market in January – October 2016 totalled 8.8 billion and increased by 0.7% as compared with the same period in 2015. Prices for most Belarusian export items on the Russian market fell as compared with 2015. The growth in export was mainly due to higher export volumes, including the biggest growth in exports of capital goods (machinery and equipment, means of land transport). The Russian Food Administration is likely to continue to control fruit and vegetable supply to Russia from Belarus in order to reveal re-exports. In addition, exports of non-food consumer goods from Belarus (clothing, footwear, household appliances) to the Russian market are likely to increase. Stagnation in the construction industry is likely to lower the demand for decoration and building materials from Belarus. Due to the increased share of the Russian rouble in the basket of currencies, Belarus will improve response to changes in prices in Russia, and if necessary, will step up the competitiveness of Belarusian goods by propping up the national currency.

You have been successfully subscribed

Subscribe to our newsletter

Once a week, in coordination with a group of prominent Belarusian analysts, we provide analytical commentaries on the most topical and relevant issues, including the behind-the-scenes processes occurring in Belarus. These commentaries are available in Belarusian, Russian, and English.
EN
BE/RU
Subscribe

Situation in Belarus

March 18 – March 24
View all

Subscribe to us

Read more