Updated at 16:11,02-12-2016

Deficit of foreign trade in goods rises to $4,792 million

Belarus had a $4,792-million deficit of foreign trade in goods in the first 11 months of 2011 compared with $4,416.6-million in the first 10 months of the year and $8,283.6 million in the first 11 months of 2010, according to the National Statistics Committee (Belstat).

According to Belstat, in November, the deficit of foreign trade in goods increased by $375 million. The deficit increased by $902.6 million in January, more than $1 billion in both February and March, $720 million in April, $117.4 million in May, almost $600 million in June, and $376 million in October, and decreased by $150 million in July, $606.7 million in August, and $883.7 million in September.

In the first 11 months of 2011, Belarus' foreign trade in goods reportedly totaled $77,811.8 million, a 47.1-percent year-on-year increase, with exports amounting to $36,509.9 million, a 63.7-percent increase, and imports to $41,301.8 million, a 35-percent increase.

Belarus had a deficit of $7,447.3 million in trade with CIS member countries in the first 11 months of 2011, compared with $5,717.7 million in the same period of 2010. Exports rose by 44 percent to total $17,821.7 million and imports by 39.7 percent to total $22,508.9 million. Trade with CIS countries increased by 41.5 percent to total $43,090.7 million.

In the first 11 months of 2011, Belarus had a deficit of $9,386 million in trade with the other two members of the Customs Union, Kazakhstan and Russia. The deficit was $6,828.3 million in the same period of 2010. Exports totaled $13,112.9 million, an increase of 38.5 percent, and imports $22,508.9 million, a rise of 38.1 percent. Trade with the Customs Union member countries rose by 38.2 percent to total $35,621.8 million.

In particular, trade with Russia totaled $34,907.8 million, a 39.6-percent increase, with exports rising by 38.6 percent to total $12,526.9 and imports by 40.1 percent to total $22,380.9 million. Belarus had a deficit of $9,854 million compared with $6,935.9 million in the same period last year.

Trade with Kazakhstan totaled $714 million, a 5.5-percent decrease. Exports amounted to $586 million, a 35.7-percent rise, and imports to $128 million, a decrease of 60.5 percent, with Belarus having an export surplus of $458 million against $107.6 million in the same period last year.

Belarus' trade with foreign countries outside the Commonwealth of Independent States (CIS) totaled $34,721.1 million, a 54.8-percent increase. Exports rose by 88.1 percent to total $18,688.2 million and imports by 28.3 percent to total $16,032.9 million. Belarus had an export surplus of $2,655.3 million compared with a deficit of $2,565.9 million in the same period last year.