Demand for Belarusian products remains high, foreign trade surplus at record high

Demand for Belarusian products remains high, BelTA learned from Belarusian Deputy Economy Minister Dmitry Yaroshevich before the ceremony held to award winners of the Best Exporter of the Year 2021 contest.

Export is traditionally very important for Belarus, Dmitry Yaroshevich noted. “We've seen rather good results in this direction lately. Despite the tense situation demand for Belarusian products remains high,” he added.

Data of the first five months of the year indicates that the foreign trade surplus is at its highest of the last few years. “It adds stability to the economy and allows us to develop on a quality balanced foundation,” the official remarked.

A ceremony took place on 12 July to award winners of the nationwide contest Best Exporter of the Year 2021. The contest has been held every year for 16 years by the Belarusian Chamber of Commerce and Industry (BelCCI) in association with various government agencies, the oblast administrations, the Minsk City Executive Committee, the National Academy of Sciences of Belarus, the Belarusian Universal Commodity Exchange, the Hi-Tech Park Administration, and business unions.

The contest commission used official statistics to determine winners in 20 nominations. As many as 47 runner-up companies received complimentary diplomas.