The results of the 1st quarter of 2019: the export of FEZ Grodnoinvest residents grew by 26%
In January-March 2019, FEZ Grodnoinvest residnets exported products to 51 countries for a total amount of $ 229 million. The growth rate amounted to 126% compared to the same period last year. The share of FEZ Grodnoinvest in the export of Grodno region increased from 37% to 43%.
The main sales markets became Russia (61% of total volume), Ukraine (13%), Poland (12%). The largest buyers of Belarusian products include the United Kingdom (1.8%), Kazakhstan (1.3%), Romania (1.2%), Latvia and Lithuania (1.1% each), Azerbaijan (0.8%), Armenia and Moldova (0.7% each), Germany (0.6%).
Export to the Eurasian Economic Union countries amounted to $ 145 million or 63% of the total volume. The growth rate compared to the same period last year - 124%. In this way, deliveries in this direction reduced by 1 percentage point due to diversification of export of FEZ residents to the markets of the CIS countries and the European Union. Belarusian companies exported goods worth $ 46 million to the EU. The growth rate is 124%. The share of the EU countries in export amounted to 20%.
The product deliveries of FEZ Grodnoinvest residents increased a lot to the UK (by 32 times), the United Arab Emirates (by 26 times), Denmark (by 25 times), the Czech Republic (by 20 times), France (by 10 times), Romania (by 13 times) ), Spain (by 7 times), Azerbaijan, Israel and Cuba (by 4 times), Brazil, Bulgaria and Italy (by 3 times).
FEZ Grodnoinvest residents export a wide range of chemical sector products (acids and anhydrides, polyesters, fertilizers), agricultural sector (rapeseed and soybean oils), woodworking industry (chipboard and fiberboard, furniture), light industry (hosiery products), mechanical engineering and metalworking spheres (wires, automotive components).
The turnover of FEZ Grodnoinvest residents in the first quarter of 2019 amounted to $ 390 million and increased by 29% compared to the same period last year.
For reference, in 2018 FEZ Grodnoinvest residents exported products for $ 865 million, which increased by 1.5 times compared to 2017.