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Mogilev-based enterprises increased the value of commodity exports by 31% in January-May 2007 in comparison with this time last year to a total of $559 million, an official with the Foreign Trade Department of Mogilev Region Administration told Interfax.

Imports rose by 26.6% to reach $458.7 million, the source added.

The 2007 export growth target is set at 9%, while imports are expected to increase by 6%.

The CIS states accounted for 70.4% of the region's exports (Russia-58.1%), non-CIS states - 29.6%.

Imports from the CIS accounted for 65.2% of the region's overall imports (Russia - 53.7%), non-CIS - 34.7%.

Trade turnover with Russia reached $571.8 million (32.1% up). This January-May Mogilev Region with 75 Russian regions, with most of the export and import falling on Moscow city and Moscow Region.

In January-May 2007 Mogilev Region produced a surplus of $94.1 million in trade with the CIS.

The region's major trade partners are EurAsEC member states (Russia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan) that account for 84.1% of the trade turnover and Ukraine (11.7%).

The main trade partners of Mogilev Region among non-CIS states are Germany, Lithuania, Malaysia, Poland and the Netherlands.

In January-May 2007 Mogilev Region traded with 98 countries.


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