Foreign Trade Deficit in Goods and Services Reaches $1.31 Billion in January–November

The National Bank has published data on foreign trade in goods and services in January–November 2025. The foreign trade deficit continued to grow.

According to the National Bank, Belarusian exports of goods and services increased by 2.7% in January–November to $46.545 billion. Imports grew at a faster pace, rising by 3.6% to $47.855 billion. The foreign trade deficit increased 1.5 times compared with the same period of 2024 and reached $1.31 billion. At the end of January–October, it stood at $1.06 billion.

Exports of goods in January–November declined by 0.5% to $36.2 billion, while imports rose by 2.8% to $41.2 billion. The trade deficit in goods amounted to nearly $5 billion, increasing by 34.3%.

Exports of services in January–November grew by 15.4% to $10.34 billion. Imports of services increased by 8.9% to $6.66 billion. The surplus in trade in services amounted to $3.68 billion, rising by 29.5%.