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The results of the first ten months of 2024 show that the gross domestic product of Belarus continues to remain above the forecast and global average values. In January-October, Belarus' foreign trade turnover of goods and services increased by more than six percent year-on-year to almost $83 billion. Exports of goods and services for this period increased by four and a half percent, while its value exceeded $36 billion. Food products remain the main driver of growth, with exports already up 17.5 percent. Among the successful suppliers of foodstuffs to other countries are the enterprises of Belgospischeprom Concern, which for three quarters provided the growth of export shipments by more than 18 percent. Belarusian suppliers have already increased their shipments to Africa alone by 3.7 times, and the number of African countries - buyers of Belarusian products - has increased to 45. In Asia, Belarusian companies continue to actively enter China and other countries of the continent. How does the Belarusian export-oriented economy enter 2025? This is the subject of this study.
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The results of the first ten months of 2024 show that the gross domestic product of Belarus continues to remain above the forecast and global average values. In January-October, Belarus' foreign trade turnover of goods and services increased by more than six percent year-on-year to almost $83 billion. Exports of goods and services for this period increased by four and a half percent, while its value exceeded $36 billion. Food products remain the main driver of growth, with exports already up 17.5 percent. Among the successful suppliers of foodstuffs to other countries are the enterprises of Belgospischeprom Concern, which for three quarters provided the growth of export shipments by more than 18 percent. Belarusian suppliers have already increased their shipments to Africa alone by 3.7 times, and the number of African countries - buyers of Belarusian products - has increased to 45. In Asia, Belarusian companies continue to actively enter China and other countries of the continent. How does the Belarusian export-oriented economy enter 2025? This is the subject of this study.