Posted: 17.01.2024 13:19:00

Belarus saw EAEU’s biggest growth in industrial production

The largest increase in industrial production among the Eurasian Economic Union members in January-November 2023 was recorded in Belarus, according to the information posted on the website of the Eurasian Economic Commission (EEC)

According to the EEC, in January-November last year, the volume of the EAEU industrial production stood at 103.8 percent against the level of January-November 2022. Industrial production growth was recorded in Belarus – by 7.9 percent, in Kazakhstan – by 4.3 percent, in Russia – by 3.6 percent, in Armenia – by 2.1 percent, and in Kyrgyzstan – by 1.8 percent.

It is reported that agricultural production in January-November 2023 in the EAEU across farms of all categories dropped by 2.2 percent compared to the same period last year. At the same time, a growth was observed in Belarus and Kyrgyzstan while Kazakhstan and Russia saw a decrease.

The EEC noted that the production of main types of livestock products rose: livestock and poultry for slaughter (in live weight) – by 2.2 percent compared to the same period in 2022, milk – by 3 percent, eggs – by 0.9 percent. An increase in the production of livestock and poultry for slaughter (in live weight) and milk was recorded in all EAEU member states (excluding data for Armenia). An increase in egg production was seen in Kyrgyzstan and Russia, a decrease in Belarus and Kazakhstan.