Posted: 09.11.2021 14:00:00

Subbotin: Belarus exported $4.7bn of food in 9 months

From January-September 2021, Belarus exported $4.7bn of food – as informed by the Deputy Prime Minister, Aleksandr Subbotin, during the opening of the 27th International Specialised Wholesale Exhibition: ProdExpo – 2021

Photo by Vitaly Pivovarchik

“We can fully satisfy our domestic needs with food and try to sell all extra volumes to our foreign partners. Food enjoys popularity against global turbulence, and its prices are growing. We are not idle at this moment. In nine months of 2021, we exported $4.7bn of products, with the growth making 112.6 percent compared to last year,” Mr. Subbotin said.

The Deputy Prime Minister noted that a positive balance of foreign trade is also being formed; it has exceeded $1.6bn. “This money is used as subsidies for doctors and salaries to teachers. Accordingly, we are trying to move further along this path. We have open markets in 116 countries and are now successfully trading with 104 countries. African countries have joined. Moreover, exports to the European Union have increased by 40 percent, despite our tense relations,” he said.

Mr. Subbotin added that, by the end of the year, food exports are likely to reach $6bn.