Residents of the FEZ "Vitebsk" increased exports of goods by almost 62% in January-September
In total, for 9 months, products worth $623 million were shipped to foreign markets. In terms of the growth rate of this indicator, FEZ "Vitebsk" achieved the best result among the FEZs of Belarus. The share of resident enterprises in the total export volume of the Vitebsk region was 35.5%.
During this period, a positive balance of foreign trade activities in the amount of $189.3 million was achieved. A similar indicator for the export of services also turned out to be positive and amounted to $4.2 million, unlike other FEZs in the country, where it was negative.
This year, resident enterprises interact with partners from 73 countries. During this period, for the first time, supplies of fiber optic cable to Afghanistan were realized, gas analyzers were shipped to Poland, fur skins to China, linen underwear to Chile, and insulated electrical cables to France. This became possible thanks to the work carried out by enterprises on export diversification in conditions of increased risk of negative impact of the coronavirus epidemic on international trade. As a result of reorienting commodity flows, it was possible, for example, to increase supplies of products to third-country markets by almost 50%, including increasing sales volumes to Great Britain, the UAE, India, Pakistan, India, Israel, and Brazil by 3 or more times.
In total, 54 investment projects are being implemented in FEZ "Vitebsk" with the participation of investors from 14 countries, including Germany, the Czech Republic, Russia, Poland, Lithuania, Great Britain, Israel, Cyprus, and Spain. FEZ "Vitebsk" consists of 16 sectors with a total area of almost 2.8 thousand hectares, eight of which are located in Vitebsk, five in the Orsha district, and one each in Novopolotsk, Postavy, and the Polotsk district.