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Residents of FEZ Grodnoinvest for the first 9 months have increased the export of wood products by a quarter

In January-September 2018, FEZ Grodnoinvest residents exported furniture, products from wood and paper worth $ 205 million, which is 25% more than the same period last year.

Thereby, about one third (32%) of all products of FEZ Grodnoinvest residents, which was exported, fell to the woodworking industry. Mostly Belarusian products are shipped to Poland and Russia. These countries account for 78% of export. Among the five key destinations are also Ukraine (9%), Lithuania (5%) and Kazakhstan (3%).

The structure of export is dominated by chipboard (38%) and fibreboard (28%), furniture (18%), paper and paper products (7%).

It is worth to mention that according to the results of the first nine months of the current year, the turnover of FEZ Grodnoinvest residents for the first time exceeded $ 1 billion. The positive balance amounted to $ 245 million.