Adverse balance of foreign trade in goods exceeded 3.5 billion dollars

According to the balance of trade for January-August 2008, adverse balance of foreign trade in goods in Belarus has reached 3 bn 560.4 million dollars.

For comparison, in January-August 2007 the adverse trade balance in goods was at a rate of 2 billion 465.4 million dollars, the BelaPAN informs with a reference to the Statistics and Analysis Ministry of Belarus.

In trade with the CIS countries the trade balance is adverse as well. It amounts to 8 billion 487.2 million dollars (while in January-August 2007 it was minus 4 billion 531.8 million dollars). The export has grown by 37.6% (7 billion 599.1 million), import by 67.3% (17 billion 205.5 million dollars).

Adverse balance in trade with the Russian Federation is 9 billion 606.4 million dollars. Over the same period of the last year it was minus 4 billion 763.9 million dollars.

Foreign trade turnover with non-CIS countries has grown by 52.6% and reached 21 billion 640.2 million dollars. Export has grown by 63.5% (13 billion 283.5 million), import by 37.9% (8 billion 356.7 million dollars). Positive balance is 4 billion 926.8 million dollars, while balance with Germany is adverse (1 billion 150.4 million dollars). Export has grown by factor of 1.53 and amounts to 578.6 million dollars, import by 24.2% and reached 1 billion 729 million dollars. Foreign trade balance has grown by 30.4% and amounts to 307.6 million dollars.