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$650 million and growth by 1.5 times: the results of export of residents of FEZ Grodnoinvest for the first half of 2021

In January - June 2021, residents of FEZ Grodnoinvest exported products worth $647 million. The growth rate compared to the same period last year was 152%. The key sales markets were Russia (60% of all exports), Poland (13%) and Ukraine (9%).

The residents of FEZ Grodnoinvest exported to the countries of the Eurasian Economic Union products worth $406 million, which is $118 million or 41% more compared to the same period last year. Exports to the countries of the European Union have doubled. According to the results of six months, it amounted to $156 million. Products worth $85 million were exported to third countries with a growth rate of 147%.

Deliveries have grown exponentially to Italy (15 times), Egypt and the Czech Republic (9 times), France (8 times), Denmark (7 times), Germany, Great Britain and Estonia (5 times), Lithuania (3 times) ). The volume of exports of FEZ residents to Belgium, Hungary, Georgia, Spain, the Netherlands, Latvia, the USA and Turkey has doubled.

Residents of FEZ Grodnoinvest export a wide range of products. The largest share in exports is woodworking products and furniture (38%). Further in the structure of exports are food products (31%), chemical products, machinery and equipment (9% each), and textiles (8%). Wood products (209%), computing and optical equipment (199%), chemical products (150%), furniture (142%) became the leaders in terms of growth.

The foreign trade balance of FEZ Grodnoinvest residents was positive at the level of $344 million, which is 2 times more compared to the same period last year. The revenue of FEZ residents from the sale of goods, products and services for the six months of this year exceeded 2 billion rubles with a growth rate of 155%.

FEZ Grodnoinvest residents are actively increasing their exports, including online. Residents take part in trading on electronic platforms of the EAEU member states and other states. For example, Conte Spa and Optic Plant are widely represented on the Alibaba Group trading platform, while Belcard operates through the industry platforms Volvo Group and PSA Group. More about e-commerce and current trends in online trading in our special material.