Belarus-Sweden trade up 30% in H1 2018

10.08.2018 11:11 / Belarus / Sweden

MINSK – The trade between Belarus and Sweden reached $83.8 million in H1 2018, 28.9% up from the same period a year ago, BelTA learned from the website of the Belarusian embassy in Sweden.

The Belarusian export grew 73.1% to make up $24.4 million. The supplies of Swedish products to Belarus increased by 16.7% to $59.4 million.

Belarus' main exports to Sweden included potash fertilizers, furniture, wood pellets and wood chips produced by a number of private and state-run companies. Belarusian producers also fulfilled their obligations of the contracts on the supply of peat and deicing salts.

Belarusian pine and spruce seed producers, long-standing partners of Swedish foresters, increased sales more than three times.

Sweden's major supplies to Belarus are products of mechanical engineering (trucks and tractive units, road and construction machinery) and chemical industry (artificial wax, polyethylene, paints and varnishes). The biggest growth in H1 was registered in the supplies of gas turbines, equipment for the forestry sector and combustion engines.

The diplomatic mission stressed that Belarus and Sweden do their best to promote bilateral trade.

Source: BelTA

Read also

23.05.2019 14:02
The parties discussed in detail trade and economic cooperation. It was noted that the two friendly countries have been cooperating efficiently for many years already
23.05.2019 10:56
Car imports grew primarily due to the growing inflow of passenger vehicles from Russia. Car imports from Russia grew 46% in Q1 2019 to 17,725 units worth $219.598m, up 41% in value terms
23.05.2019 10:39
However, in comparison with the 2018 data, the share of officially imported cell phones is on the rise. This may result from the use of alternative import schemes (purchases from foreign online stores...