OREANDA-NEWS. Belarus' foreign trade surplus totalled USD 797.7 million in January-October 2014, compared to a USD 1.449 billion deficit in January-October 2013, the National Bank of Belarus said in an online report.

The overall turnover of commodities and services in foreign trade shrank 2.5% on the year in January-October 2014 to USD 73.31 billion.

Exports of commodities and services grew 0.5% year on year to USD 37.054 billion, and imports decreased 5.4% to USD 36.256 billion.

According to the NBB, the deficit of foreign trade in goods totalled USD 1.051 million compared to a deficit of USD 3.256 billion in January-October 2013.

Commodity exports (in FOB prices) reduced 0.4% on the year in January-October 2014 to USD 30.578 billion; imports down 6.9% to USD 31.629 billion.

Belarus ended up with a commodity trade surplus in January-October 2014, which reached USD 1.849 million to compare with a USD 1.807 billion surplus in January-October 2013.

Export of services increased 5.2% the year in January-October 2014 to USD 6.476 billion, imports - up 6.4% to USD 4.627 billion.

As previously reported, Belarus' foreign trade deficit totalled USD 1.724 billion in January-December 2013, compared to a USD 3.023 billion surplus in January-December 2012.

The overall turnover of commodities and services reached in foreign trade shrank 11.2% on the year in Jan-Dec 2013 to USD 89.464 billion.

Exports of commodities and services reduced 15.5% to USD 43.87 billion, and imports decreased 6.7% to USD 45.594 billion.