Mogilev-based enterprises increased their foreign trade turnover by 33.5% in January-March 2007 in comparison with this time last year. The total value of the foreign trade turnover of the companies based in Mogilev Region came at $587.5 million), an official with the Foreign Trade Department of Mogilev Region Administration told Interfax.
Exports rose by 34.9% to reach $320.9 million, while imports grew 31.8% to $266.6 million. As a result, the region ended the first quarter with a $54.3 million trade surplus.
The yearly social and economic development plan sets the Q1 export growth target at 9%, import growth target - 6%.
This January-March Mogilev Region traded with 89 countries. Goods and services produced in the region were exported to 64 countries. In return, the region imported goods and services from 777 countries.