Chinese cos reduce trading on Belarusian Universal Commodity Exchange by 11% in H1

MINSK. July 28 (Interfax) - Chinese companies' trading on the Belarusian Universal Commodity Exchange (BUCE) fell 10.9% year-on-year to $73 million in the first half of 2025.

Purchases of Belarusian products made up more than 80% of this trade turnover, the BUCE reported. Transactions were made with virtually all the main commodities traded on the exchange, including forest products, metal products, agricultural commodities and consumer and other goods.

"Both exports of Belarusian products to China and imports of Chinese goods needed in Belarus are developing. The balance is in favour of our country so far," the exchange said in a press release.

Chinese companies' trade turnover on the BUCE totalled $133 million in 2024. The exchange began to work systematically with Chinese companies in 2020 and 300 residents of China are now registered on the BUCE, including four with the status of exchange brokers.

OJSC Belarusian Universal Commodity Exchange was founded in 2004 and trading began in June 2005. The exchange's main function is to help Belarusian businesses export their products and assist foreign companies in entering the Belarusian market. The exchange trades metals, forest products, agricultural commodities and a wide range of industrial and consumer goods.