MINSK, 27 January (BelTA) – Over the past ten years, Belarus has tripled its trade with China and doubled its exports to the country, First Deputy Prime Minister Nikolai Snopkov said at a meeting to discuss cooperation with China hosted by Belarusian President Aleksandr Lukashenko in Minsk on 27 January,
BelTA has learned.
Expanding on the president’s thesis that cooperation with China is serious and long-term, Nikolai Snopkov emphasized that the results of interaction with this country should be assessed over an extended period of time. He highlighted three key achievements in Belarus-China economic relations over the past ten years.
“During this period, Belarus-China trade has tripled and exports have doubled. Trade in goods was $2.5 billion [ten years ago]. [In January-November 2025] it amounted to $8.9 billion,” the first deputy prime minister said. “Moreover, the average annual export growth rate in the last five-year period was 117%, which is 1.5 percentage points higher than the growth rate of exports to Russia, our main market. This shows that we have been working quite actively in the Chinese market.”
According to him, over the past ten years the average annual export growth rate amounted to 111.4%. “Trade in goods and services has approached a record high level of $12 billion. China’s share in foreign trade has doubled, rising to 11%,” Nikolai Snopkov emphasized. “It is Belarus’ second trading partner after Russia.”
Belarus exports to China 30% of its total potash output, 45% of rapeseed oil, 50% of flax tow, 33% of timber, and 37% of whey.