Mogilev-based enterprises increased the value of exports by 38.5% in January-February 2007 in comparison with this time last year. The total value of exports by companies based in Mogilev Region came at $200.8 million 39.4% up), an official with the Foreign Trade Department of Mogilev Region Administration told Interfax.
Imports rose by 37.4% to reach $172.6 million, the source added.
The 2007 export target is set at 9%, while imports are expected to grow by 6%.
In 2006 Mogilev-based enterprises increased the value of exports by 45.9% in comparison with this time last year (the yearly target being 8-9%). The total value of exports by companies based in Mogilev Region came at $1,277.5 million.
In 2006 the region produced a trade surplus of $245 million against 136.2 million in 2005, the source said.
The CIS states accounted for 66.5% of the region's exports, non-CIS states - 33.5%.
Imports from the CIS accounted for 57.4% of the region's overall imports, non-CIS - 42.6%.
Exports to Russia totalled $706.1 million or 29% up. Import from the Russian Federation reached $500.7 million (28.4% up).
In 2006 Mogilev Region traded with 101 countries, Russia, Ukraine and Kazakhstan being major partners. The region's main trade partners among non-CIS states were Germany, Malaysia, the USA, Poland, Lithuania, Italy.
The region's commodity turnover rose by 43% on the year to reach $2,310 million, the source specified.
The export of services rose by 20.3% on the year to $20.3 million, while services import totalled $7.6 million (6.5% up).
As a result, the region ended the year with a surplus of $12.7 million in trade in services, the source informed.